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Philippines : GCASH TELECOM starts CashKO mobile money service in PHILIPPINES

May 20, 2014

Globe Telecom s subsidiary Gcash has collaborated with ICT Company Rural Net to deliver rural customers across the Philippines with access to financial services.

As per the partnership, these services will be delivered by rural banks and cooperatives through the use of mobile and internet banking platforms. Gcash s operator G-Xchange and RNet will deliver a 3-in-1 card dubbed CashKO .

Under the partnership with rural banks and cooperatives, the CashKO platform will be responsible for delivering of mobile phone and internet banking services with ATM functionality. Users can utilize the CashKo to transact with overseas Filipino workers for remittances, payrolls, and bills payment through mobile and ATM.

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Source: TendersInfo (India)

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