|By PR Newswire||
|March 26, 2014 10:10 PM EDT||
- First large-scale mPOS solution for SMEs in the Philippines to go live
SINGAPORE, March 27, 2014 /PRNewswire/ -- Swiff, the global innovator of secure mobile payment technologies, announced today the launch of a mobile payment service with G-Xchange, Inc. (GXI), the m-commerce subsidiary of Globe Telecom and the operator of GCash. This Mobile Point of Sale (mPOS) service, Globe Charge, is designed to enable small and medium business entrepreneurs (SME) who typically accept cash only to start accepting card payments in the Philippines. Globe Charge is an affordable and easy way to accept credit card payments using mobile devices such as smartphones and tablets.
GXI's existing offering for retailers includes GCash, a digital payment service that transforms a mobile phone into a virtual wallet for money transfers at the speed of a text message.
"Globe once again brings the synergy of mobile technology and cashless commerce into an entirely new dimension with Globe Charge. With just a mobile card reader plugged into a smartphone or tablet, Globe Charge will open up more opportunities for business growth and payment generation for any form of trade which accepts cashless transactions through credit and debit card payments, particularly MasterCard, and very soon, Visa," said GXI President Paolo Baltao.
"We envision Globe Charge to spur brisk economic activity, especially among emerging business entities and small and medium business entrepreneurs. Working with our very own technology, this makes for a promising proposition to realize revenue through card-based transactions using an easy, convenient, and secure platform," affirmed Baltao.
Interest in mobile payment solutions is gaining momentum in the Philippines. "This is an exciting time for the payment industry, with technology being the bedrock for enhanced mobility, payments, convenience, and productivity improvements," said Erik Holst-Roness, Chief Strategy Officer for Swiff. "We're ready to empower telco's worldwide with technologies that enable truly secure mobile strategies, allowing them to participate in the m-commerce revolution."
Swiff's innovative technology enables secure and patented 2-Factor Authentication, which permits mobile tracking, user authorization, and fraud prevention. Swiff's suite of solutions is EMV Level 2 certified and accommodates Chip & Pin, Chip & Sign, and Swipe & Sign payment methods.
"Our strongest differentiator lies in our ability to seamlessly integrate into any acquirer, allowing that acquirer to rapidly provide an mPOS service to existing and new merchants, like Globe Charge," said Paul Hubbard, Swiff Country Manager for the Philippines.
"On the commercial front, we are opening doors for telcos to achieve a richer level of engagement with their merchants, supporting the creation of the new revenues that mPOS brings," added Belinda Aka, VP Business Development of Swiff.
About G-Xchange, Inc.
G-Xchange, Inc. (GXI), a wholly-owned subsidiary of Globe Telecom, one of the leading wireless providers in the Philippines. GXI pioneered the revolutionary model in cardless and cashless mobile commerce service called GCash, which was launched in the Philippines in October 2004.
GCash is the innovative service that transforms your Globe or TM number into mobile a wallet used for financial transactions with the convenience of a text message. This service has earned various international accolades including GSMA Awards (the most prestigious award in the telecom industry) for Best Mobile Messaging Service received in February 2005, Mobile News Asia's Most Innovative Mobile Service, and Global Messaging Awards for Best M-commerce Service application, both received in June 2005. Since the launch of GCash, GXI has established a wide network of local and international partners that includes government agencies, utility companies, cooperatives, insurance companies, remittance companies, universities, and commercial establishments which have agreed to accept GCash as a means of payment for products and services.
Today, GCash has over 1 million users in the Philippines covering various ecosystems in the country.
To know more about Globe Charge, visit www.globe.com.ph/globecharge.
Swiff is a global innovator in mobile payments and loyalty processing. Swiff's product suite offers a wide range of complementary solutions for financial institutions, merchants, and telcos. Swiff is the world's first white-label mobile payment and loyalty platform that allows fast, easy, and secure payments with seamless integration and authentication.
Incorporated in 2010 and headquartered in Singapore, Swiff delivers solutions and services to customers worldwide. For more information about Swiff, please visit www.goswiff.com.
For media inquiries, please contact Anne Karumo at +65 6222 2883 or by email [email protected].
See storage differently! Storage performance problems have only gotten worse and harder to solve as applications have become largely virtualized and moved to a cloud-based infrastructure. Storage performance in a virtualized environment is not just about IOPS, it is about how well that potential performance is guaranteed to individual VMs for these apps as the number of VMs keep going up real time. In his session at 18th Cloud Expo, Dhiraj Sehgal, in product and marketing at Tintri, will discu...
May. 4, 2016 03:00 PM EDT Reads: 1,034
The increasing popularity of the Internet of Things necessitates that our physical and cognitive relationship with wearable technology will change rapidly in the near future. This advent means logging has become a thing of the past. Before, it was on us to track our own data, but now that data is automatically available. What does this mean for mHealth and the "connected" body? In her session at @ThingsExpo, Lisa Calkins, CEO and co-founder of Amadeus Consulting, will discuss the impact of wea...
May. 4, 2016 03:00 PM EDT Reads: 1,151
SYS-CON Events announced today that Enzu, a leading provider of cloud hosting solutions, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Enzu’s mission is to be the leading provider of enterprise cloud solutions worldwide. Enzu enables online businesses to use its IT infrastructure to their competitive advantage. By offering a suite of proven hosting and management services, Enzu wants companies to foc...
May. 4, 2016 02:00 PM EDT Reads: 1,205
Many private cloud projects were built to deliver self-service access to development and test resources. While those clouds delivered faster access to resources, they lacked visibility, control and security needed for production deployments. In their session at 18th Cloud Expo, Steve Anderson, Product Manager at BMC Software, and Rick Lefort, Principal Technical Marketing Consultant at BMC Software, will discuss how a cloud designed for production operations not only helps accelerate developer...
May. 4, 2016 02:00 PM EDT Reads: 1,267
As the rapid adoption of containers continues, companies are finding that they lack the operational tools to understand the behavior of applications deployed in these containers, and how to identify issues in their application infrastructure. For example, how are multiple containers within an application impacting each other’s performance? If an application’s service is degraded, which container is to blame? In the case of an application outage, what was the root cause of the outage?
May. 4, 2016 01:45 PM EDT Reads: 1,101
SYS-CON Events announced today that Ericsson has been named “Gold Sponsor” of SYS-CON's @ThingsExpo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. Ericsson is a world leader in the rapidly changing environment of communications technology – providing equipment, software and services to enable transformation through mobility. Some 40 percent of global mobile traffic runs through networks we have supplied. More than 1 billion subscribers around the world re...
May. 4, 2016 01:45 PM EDT Reads: 1,324
SYS-CON Events announced today that Peak 10, Inc., a national IT infrastructure and cloud services provider, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Peak 10 provides reliable, tailored data center and network services, cloud and managed services. Its solutions are designed to scale and adapt to customers’ changing business needs, enabling them to lower costs, improve performance and focus inter...
May. 4, 2016 01:00 PM EDT Reads: 1,420
The demand for organizations to expand their infrastructure to multiple IT environments like the cloud, on-premise, mobile, bring your own device (BYOD) and the Internet of Things (IoT) continues to grow. As this hybrid infrastructure increases, the challenge to monitor the security of these systems increases in volume and complexity. In his session at 18th Cloud Expo, Stephen Coty, Chief Security Evangelist at Alert Logic, will show how properly configured and managed security architecture can...
May. 4, 2016 12:47 PM EDT Reads: 266
The IoTs will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform. In his session at @ThingsExpo, Craig Sproule, CEO of Metavine, will demonstrate how to move beyond today's coding paradigm and share the must-have mindsets for removing complexity from the development proc...
May. 4, 2016 12:45 PM EDT Reads: 898
In his session at @ThingsExpo, Chris Klein, CEO and Co-founder of Rachio, will discuss next generation communities that are using IoT to create more sustainable, intelligent communities. One example is Sterling Ranch, a 10,000 home development that – with the help of Siemens – will integrate IoT technology into the community to provide residents with energy and water savings as well as intelligent security. Everything from stop lights to sprinkler systems to building infrastructures will run ef...
May. 4, 2016 12:45 PM EDT Reads: 1,252
We're entering the post-smartphone era, where wearable gadgets from watches and fitness bands to glasses and health aids will power the next technological revolution. With mass adoption of wearable devices comes a new data ecosystem that must be protected. Wearables open new pathways that facilitate the tracking, sharing and storing of consumers’ personal health, location and daily activity data. Consumers have some idea of the data these devices capture, but most don’t realize how revealing and...
May. 4, 2016 12:45 PM EDT Reads: 583
Much of the value of DevOps comes from a (renewed) focus on measurement, sharing, and continuous feedback loops. In increasingly complex DevOps workflows and environments, and especially in larger, regulated, or more crystallized organizations, these core concepts become even more critical. In his session at @DevOpsSummit at 18th Cloud Expo, Andi Mann, Chief Technology Advocate at Splunk, will show how, by focusing on 'metrics that matter,' you can provide objective, transparent, and meaningfu...
May. 4, 2016 12:30 PM EDT Reads: 1,071
trust and privacy in their ecosystem. Assurance and protection of device identity, secure data encryption and authentication are the key security challenges organizations are trying to address when integrating IoT devices. This holds true for IoT applications in a wide range of industries, for example, healthcare, consumer devices, and manufacturing. In his session at @ThingsExpo, Lancen LaChance, vice president of product management, IoT solutions at GlobalSign, will teach IoT developers how t...
May. 4, 2016 12:15 PM EDT Reads: 522
A critical component of any IoT project is the back-end systems that capture data from remote IoT devices and structure it in a way to answer useful questions. Traditional data warehouse and analytical systems are mature technologies that can be used to handle large data sets, but they are not well suited to many IoT-scale products and the need for real-time insights. At Fuze, we have developed a backend platform as part of our mobility-oriented cloud service that uses Big Data-based approache...
May. 4, 2016 12:15 PM EDT Reads: 581
Artificial Intelligence has the potential to massively disrupt IoT. In his session at 18th Cloud Expo, AJ Abdallat, CEO of Beyond AI, will discuss what the five main drivers are in Artificial Intelligence that could shape the future of the Internet of Things. AJ Abdallat is CEO of Beyond AI. He has over 20 years of management experience in the fields of artificial intelligence, sensors, instruments, devices and software for telecommunications, life sciences, environmental monitoring, process...
May. 4, 2016 12:15 PM EDT Reads: 1,335