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From 2013 to 2020, GCash focused on bringing new features to its app including QR-based payments, mobile and gaming credit purchases, online checkout, barcode cash-in, bills payment, and the support for InstaPay which enabled interbank transfers. GCash also partnered with CIMB Bank Philippines for the pilot of GSave, a high-yield savings account.
Globe Telecom, Inc., commonly shortened as Globe, is a major provider of telecommunications services in the Philippines.The company operates the largest mobile network in the Philippines and one of the largest fixed-line and broadband networks.
GCash is owned by Mynt, a fintech startup launched in 2015 as a partnership between Globe, the Philippines’s largest telecommunications company, and Ant Group, an affiliate of Alibaba.
It further cemented its place as the Philippines' # 1 Digital Bank when it announced hauling a deposit base of P25 billion from 2.3 million clients in August 2023. Maya holds a 61% market share of deposits, a 71% share of depositors, and a 46% share of deposit balances among the six digital banks operating in the country as of the first quarter ...
ABS-CBN Mobile (stylized as ABS-CBNmobile) was a cellular telephony service provider in the Philippines owned and operated by ABS-CBN Convergence, a subsidiary of ABS-CBN. ABS-CBNmobile formerly uses the network infrastructures of Globe Telecom under a network-sharing agreement which allows ABS-CBN and Globe to share frequencies , switches ...
It has various entities in the region, including CIMB Bank Philippines. CIMB Bank Philippines was established in December 2018 and officially launched in 2019 as an all-digital banking presence. Its mobile app is called OCTO and users are able to open their accounts and manage transactions through the platform. CIMB was awarded the Best Digital ...
The new brand was named after "917", the prefix mobile phone number assigned to Globe. [4] In its startup, the company formed a unicorn venture called Mynt Inc., which owns the popular mobile payment service GCash. Mynt is 917Ventures's first joint venture with Globe co-parent Ayala Corporation and China-based Alibaba affiliate Ant Group.
BancNet was founded on July 17, 1990, as the Philippines' second ATM consortium when the ATMs of eight banks, PCI Bank (later Equitable PCI Bank, now Banco de Oro), Security Bank, Chinabank, RCBC, Allied Bank (now part of PNB), Metrobank, International Exchange Bank (now part of UnionBank) and CityTrust Banking Corp. (now part of BPI) formed BancNet.