GCash continues to deliver on being a sustainable payment solution for the travel industry by forging a partnership with GerWeiss, a homegrown sustainable transport provider with a nationwide presence.
The partnership, which started in Boracay, focuses on cashless payments for GerWeiss’ fleet of electric tricycles – or e-trikes as they’re more popularly known. GCash users can now pay for their travel when they scan the QR code on a GerWeiss e-trike. GCash QR codes are reusable, ultimately reducing energy and resources spent in producing bills and coins.
The partnership stands to benefit e-trike drivers and passengers as cashless transactions help protect them from the pandemic by allowing them to observe social distancing through contactless payments.
GCash also provided financial literacy education and training to the drivers, including how to accept payments via GCash’s QR code.
GerWeiss’ e-trikes are a sustainable transport solution as they reduce carbon emissions versus traditional tricycles. These vehicles just need to be recharged after a certain distance traveled. To date, over 30 e-trikes are now empowered to accept GCash payments in Boracay.
“As a ‘new normal’ is on its way in our country, it’s getting critical for business operators, including the transportation industry, to shift to more agile and more versatile modes of payment, such as GCash. Aside from protecting operators and passengers against the pandemic risk, GCash provides a solid payment solution addressing business needs and operational delivering challenges. We welcome GerWeiss for joining us, and embracing this digital shift.” said Frederic Levy, Chief Commercial Officer of GCash.
“GerWeiss is first and foremost a sustainability company providing transportation solutions in the Philippines. We are an internationally acclaimed organization, with a mission to eliminate air pollution, starting in our backyard. With sustainability at our core, it is essential that we operate with like-minded organizations such as GCash, especially during the new normal. On top of the benefits of the partnership, we genuinely see value in cashless payments as well,” said Gabby Villoria, Chief Operating Officer at GerWeiss.
GerWeiss is an award-winning sustainable transportation company recognized by international institutions, such as the UN and the Asian Development Bank, with the goal of meeting growing transportation demands in a cost-conscious and environmentally responsible way.
GCash is constantly pushing for the adoption of cashless payments as it supports the Bangko Sentral ng Pilipinas’ Digital Transformation Roadmap, where the agency aims to shift at least 50 percent of retail payment transactions to digital and to have at least 70 percent of Filipinos have their own e-wallet by 2023. GCash currently has over 33 million users nationwide.
Globe Fintech Innovations Inc. (Mynt), which operates GCash, is part of the portfolio companies of 917Ventures, the largest corporate incubator in the Philippines wholly owned by Globe Telecom Inc.
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