Welcome!

News Feed Item

Swiff & Globe Telecom Partner to Help Filipino Entrepreneurs Grow Their Business with Globe Charge

- 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.

About Swiff

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].

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
The revocation of Safe Harbor has radically affected data sovereignty strategy in the cloud. In his session at 17th Cloud Expo, Jeff Miller, Product Management at Cavirin Systems, discussed how to assess these changes across your own cloud strategy, and how you can mitigate risks previously covered under the agreement.
In his session at 21st Cloud Expo, Raju Shreewastava, founder of Big Data Trunk, provided a fun and simple way to introduce Machine Leaning to anyone and everyone. He solved a machine learning problem and demonstrated an easy way to be able to do machine learning without even coding. Raju Shreewastava is the founder of Big Data Trunk (www.BigDataTrunk.com), a Big Data Training and consulting firm with offices in the United States. He previously led the data warehouse/business intelligence and Bi...
Digital Initiatives create new ways of conducting business, which drive the need for increasingly advanced security and regulatory compliance challenges with exponentially more damaging consequences. In the BMC and Forbes Insights Survey in 2016, 97% of executives said they expect a rise in data breach attempts in the next 12 months. Sixty percent said operations and security teams have only a general understanding of each other’s requirements, resulting in a “SecOps gap” leaving organizations u...
Cell networks have the advantage of long-range communications, reaching an estimated 90% of the world. But cell networks such as 2G, 3G and LTE consume lots of power and were designed for connecting people. They are not optimized for low- or battery-powered devices or for IoT applications with infrequently transmitted data. Cell IoT modules that support narrow-band IoT and 4G cell networks will enable cell connectivity, device management, and app enablement for low-power wide-area network IoT. B...
While some developers care passionately about how data centers and clouds are architected, for most, it is only the end result that matters. To the majority of companies, technology exists to solve a business problem, and only delivers value when it is solving that problem. 2017 brings the mainstream adoption of containers for production workloads. In his session at 21st Cloud Expo, Ben McCormack, VP of Operations at Evernote, discussed how data centers of the future will be managed, how the p...
Transformation Abstract Encryption and privacy in the cloud is a daunting yet essential task for both security practitioners and application developers, especially as applications continue moving to the cloud at an exponential rate. What are some best practices and processes for enterprises to follow that balance both security and ease of use requirements? What technologies are available to empower enterprises with code, data and key protection from cloud providers, system administrators, inside...
Extreme Computing is the ability to leverage highly performant infrastructure and software to accelerate Big Data, machine learning, HPC, and Enterprise applications. High IOPS Storage, low-latency networks, in-memory databases, GPUs and other parallel accelerators are being used to achieve faster results and help businesses make better decisions. In his session at 18th Cloud Expo, Michael O'Neill, Strategic Business Development at NVIDIA, focused on some of the unique ways extreme computing is...
The Internet of Things 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 and how we integrate our thinking to solve complicated problems. In his session at 19th Cloud Expo, Craig Sproule, CEO of Metavine, demonstrated how to move beyond today's coding paradigm and sh...
With the proliferation of both SQL and NoSQL databases, organizations can now target specific fit-for-purpose database tools for their different application needs regarding scalability, ease of use, ACID support, etc. Platform as a Service offerings make this even easier now, enabling developers to roll out their own database infrastructure in minutes with minimal management overhead. However, this same amount of flexibility also comes with the challenges of picking the right tool, on the right ...
What are the new priorities for the connected business? First: businesses need to think differently about the types of connections they will need to make – these span well beyond the traditional app to app into more modern forms of integration including SaaS integrations, mobile integrations, APIs, device integration and Big Data integration. It’s important these are unified together vs. doing them all piecemeal. Second, these types of connections need to be simple to design, adapt and configure...
Traditional on-premises data centers have long been the domain of modern data platforms like Apache Hadoop, meaning companies who build their business on public cloud were challenged to run Big Data processing and analytics at scale. But recent advancements in Hadoop performance, security, and most importantly cloud-native integrations, are giving organizations the ability to truly gain value from all their data. In his session at 19th Cloud Expo, David Tishgart, Director of Product Marketing ...
More and more companies are looking to microservices as an architectural pattern for breaking apart applications into more manageable pieces so that agile teams can deliver new features quicker and more effectively. What this pattern has done more than anything to date is spark organizational transformations, setting the foundation for future application development. In practice, however, there are a number of considerations to make that go beyond simply “build, ship, and run,” which changes how...
Cloud computing delivers on-demand resources that provide businesses with flexibility and cost-savings. The challenge in moving workloads to the cloud has been the cost and complexity of ensuring the initial and ongoing security and regulatory (PCI, HIPAA, FFIEC) compliance across private and public clouds. Manual security compliance is slow, prone to human error, and represents over 50% of the cost of managing cloud applications. Determining how to automate cloud security compliance is critical...
Traditional IT, great for stable systems of record, is struggling to cope with newer, agile systems of engagement requirements coming straight from the business. In his session at 18th Cloud Expo, William Morrish, General Manager of Product Sales at Interoute, will outline ways of exploiting new architectures to enable both systems and building them to support your existing platforms, with an eye for the future. Technologies such as Docker and the hyper-convergence of computing, networking and...
Contextual Analytics of various threat data provides a deeper understanding of a given threat and enables identification of unknown threat vectors. In his session at @ThingsExpo, David Dufour, Head of Security Architecture, IoT, Webroot, Inc., discussed how through the use of Big Data analytics and deep data correlation across different threat types, it is possible to gain a better understanding of where, how and to what level of danger a malicious actor poses to an organization, and to determin...