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Navigating the Challenges of Mobile Payments: A Lesson from GCash Spam SMS

| Finance, Technology | , , , , ,

Paying bills has never been easier, thanks to the advent of mobile payment solutions like GCash and Maya. However, my recent experience with GCash highlighted a significant issue that needs addressing.

The Issue with Spam SMS

Recently, I was paying for my Globe Postpaid plan and decided to use GCash for the transaction. However, in the past few days, I’ve been inundated with spam marketing SMS from GCash. The frequency and irrelevance of these messages were frustrating, so I decided to block GCash in my Google Messages app.

The Unintended Consequence

When I attempted to pay my bill via GCash, I didn’t receive the OTP (One-Time Password) required to complete the transaction. It quickly dawned on me that GCash was blocked, preventing the OTP from coming through. I unblocked GCash temporarily, but the OTP still took too long to arrive. This delay was unacceptable, especially when trying to complete a time-sensitive transaction.
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How to: enroll for a second Pag-ibig MP2 savings account

| Investing | , , , , , ,

So you already have an existing Modified Pag-IBIG 2 (MP2) savings account. Perhaps, you recently checked your Virtual Pag-IBIG account and noted your account has been credited with your 6.12% dividend for your 2020 contributions to your MP2 savings. Or, maybe, you’re still waiting for your first dividend.

But one MP2 account is not enough. When that account matures in five years from the time of your first contribution, you can’t wait for another five years to collect your next MP2 savings. You’ve read in the FAQ that you can indeed open and maintain multiple MP2 Savings Accounts:

According to Pag-IBIG’s FAQ, you are allowed to open and maintain multiple MP2 Savings Accounts.

Perhaps, you want to time your multiple MP2 accounts to mature one year after the other — for your liquidity, or maybe just to reward yourself every year.

But how? It’s not in the FAQ, or anywhere in the Pag-IBG website. Lucky you, I have done just that, and I’ll share to you what I did. …

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GCash vs. PayMaya – The battle for Philippine cashless mobile payment platform crown rages on

| Technology | ,

Globe’s Gcash and Smart’s PayMaya have both been aggressively marketing their platforms just to stay ahead of the competition. Customers benefit the most with the plethora of discounts, rebates and raffle promos being offered left and right. Fortunately for us consumers, it’s not a question of whether you should get aboard one platform over another. If you ask me, I’d say why not get both?

Let me list down my thoughts and observations in using both mobile payment systems. These are based on my personal experience, thus I’m mum about the features I don’t use. I’ll update this list as developments and/or improvements come to mind: …

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