Simplified e-payment experience | The Manila Times
ONE of the world’s largest parcel delivery companies announced on Thursday that it is offering Filipino businesses and consumers a new, streamlined, cashless payment experience by partnering with a leading local e-wallet.
Any shipper or consignee in the Philippines can now instantly and securely pay for UPS logistics services and clear any outstanding shipping-related charges, at any time, using GCash’s digital payment app on their phone. cellphone instead of having to transact in person with cash or credit cards.
Traditional payment methods are relatively cumbersome, less secure, and require more time and resources from all parties to implement accurately. Additionally, levels of digital payment adaptation in the Philippines have increased since the onset of the pandemic, accelerated by the shift to e-commerce and contactless delivery.
“Being able to take advantage of GCash’s state-of-the-art mobile payment technology improves the way our customers do business with us in many ways, including improving customer experience, payment convenience and even minimizing payment delays. packages in the event that shipments are held up at customs due to outstanding duties and taxes,” said Grace Gavilan, Chief Financial Officer of UPS Philippines.
“Small businesses are the backbone of our economy, and as the Philippines moves towards a digitized and cash-based economy, their active participation is crucial or they risk being left behind. We We believe this enhancement opens more doors for small Filipino businesses to be part of an inclusive financial ecosystem, and meets their needs for a smarter, more digital approach to logistics and international trade.”
GCash, which has over 55 million registered users to date, views UPS as a valuable addition to its strong portfolio of leading business and consumer-focused Filipino partners.
“Our company’s fintech service is built on the principle of enabling a digital ecosystem to help every Filipino. We are excited to partner with UPS as it brings us closer to our goal of accelerating financial inclusion in our society – across government, businesses and consumers – through our financial services platform,” said Luigi Reyes, GCash Vice President for Business.
UPS currently invests $1 billion a year in technology to improve network efficiency and service. In recent years, UPS has unveiled several initiatives to build an intelligent, technology-enabled global logistics network, including new shipping technologies such as My Choice for Business, which provides shippers with greater flexibility and better visibility of their incoming and outgoing shipments.