No More SMS Spoofing: GCash Shifts OTPs to Direct App Notifications
GCash, the Philippines’ leading finance super app and largest cashless ecosystem, is set to roll out its In-App One-Time Passwords (OTPs) feature by June 22, replacing SMS-based authentication as part of its strengthened cybersecurity measures against phishing scams and financial fraud. As GCash transitions to In-App OTPs, users are encouraged to ensure that push notifications are enabled to avoid any disruption on transactions and account activities. With this latest security enhancement, users now receive their OTPs through secure push notifications directly within the app, providing a safer and more seamless verification experience. This move by the country’s leading finance super app complies with the directive of the Bangko Sentral ng Pilipinas to phase out SMS-based OTPs by June 30, 2026. The measure aligns with the Anti-Financial Account Scamming Act (AFASA), which aims to strengthen cybersecurity safeguards and curb the growing incidence of digital fraud. ...