Tech About PH

Across the Philippines, micro, small, and medium enterprises (MSMEs)—from online sellers and cafés to neighborhood retail shops—are thriving not only through grit, but also with the help of digital tools that make operations easier and support business growth. Going digital, indeed, is the ideal path for merchants of all sizes as the economy pivots to a cash-lite society.   G-Xchange Inc. President and CEO Ren-ren Reyes, in a speaking engagement at the ANT Mo:Ments summit in Kuala Lumpur, Malaysia, stressed that digital tools must not only enable micro, small, and medium enterprises (MSMEs) to access digital payments but also improve the way they run their businesses.   GCash for Business is doing so with a suite of next-generation payment systems built to help Filipino merchants move faster, serve more customers, and grow their businesses more efficiently.   A seamless and inclusive payment ecosystem   For many MSMEs, going digital remains easier said than done. Whi...

The Philippines is steadily becoming a digital payments nation. According to the Bangko Sentral ng Pilipinas (BSP), 57.4% of retail payment transactions by volume were made digitally in 2024, up from 52.8% in 2023 and 42.1% in 2022. With the BSP targeting a digital payment share of 60% to 70% by 2028, businesses are increasingly expected to support cashless transactions.  To help businesses keep pace with this shift, GCash continues to expand its suite of payment solutions with innovations designed to make digital payments more accessible, convenient, and secure for merchants. For MSMEs in particular, accepting digital payments can help broaden payment options, reduce cash handling, and improve operational efficiency.  Simplifying payments at the point of sale   GCash has built a portfolio of payment devices for every type of MSME because every business has different needs. Rather than offering a one-size-fits-all solution, GCash provides payment devices designed for diff...