Globe GCash expands network, links with business groups

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Globe Telecom Inc. through its wholly owned mobile commerce subsidiary, GCash, has partnered with TORCHe Global Marketing Inc. (TGMI) to expand its network in the Philippines.

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“With our partnership with TORCHe Global Marketing Inc., we are expanding GCash to reach more users and business who can directly benefit from an easy, hassle-free and secure platform for money transfer services,” said Paolo Baltao, G-Xchange Inc. president.

Globe said that with the agreement, GCash will now be offered to TGMI affiliate companies and organizations such as the Philippine Chamber of Commerce and Industry (PCCI) and the Franchise Corporation of the Philippines (FranCorp), among others.

GCash, the flagship mobile commerce service operated by GXI, is a wholly owned mobile commerce subsidiary of Globe.

GCash services that will be made available for use of TGMI affiliates include the PowerPay+Card, which is a funds disbursement service linked to a Globe/TM SIM offered to organizations that traditionally disburse via cash and check.

The company said that the Buy Load service and GCash outlets, and a soon to be released payment solution will enable business owners to accept credit-card payments without the need for a traditional bank-issued POS terminal.

“It is our privilege to partner with GCash for this meaningful business opportunity.

We are confident that GCash’s roster of services will further business transactions as well as financial services in the country,” said lawyer Miguel Varela, chairman of TGMI.

Since its creation in October 2004, GXI has reached over one million subscribers by creating relevant solutions that cater to a wide range of customer needs.

TGMI is a marketing consultancy firm focused on helping companies reach out to the widest possible consumer base through the latest technologies in mobile commerce and advertising.

TGMI was formed primarily with PCCI and FranCorp to leverage on its capability to reach out and directly serve the two organization’s members and affiliates with products in the petrol, telecommunications, financial, manufacturing and pharmaceuticals industries.

TGMI aims to expand the scope and variety of services and products that will bring consumers and merchants closer to each other.

“This will allow business establishments and affiliations to operate more efficiently and enjoy our innovative product portfolio,” Baltao said.

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