Globe’s GCash eyeing transport sector


AYALA-LED Globe Telecom envisions its e-cash services provider GCash expanding in the transportation segment following the unit’s aggressive partnerships with retail leaders in the country.

Ernest Cu, Globe chief executive officer and president, told reporters in a chance interview that GCash was also bullish about the prospects of introducing its QR code payment system in the transportation segment.

“I think anything that requires a convenient way of payment where cash is a problem, we want to do. We want to do transportation. Any form of transport. Beep is one way of using a card but if people would like a phone methodology, we’re going to develop something for that as well,” he said.

Cu said Globe is already in talks with people who are engaged in the modernization of public utility vehicles in the Philippines.

He noted Globe also aims to approach the parking segment.

“Maybe we’ll do something more innovative than the simple QR codes when it comes to parking. We’ll be releasing a notice about that,” he said. “In all other aspects, not just transport, wherever cash is used, we can be present,” he added.

Some of the big retail corporations that Globe has recently closed deals with are SM Store, Robinsons Department Store and Ayala Malls, particularly at the latter’s Glorietta mall in Makati.


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