Bits and Snippets of the Philippines

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Archive for March 2012

Globe GCash Soon Good for Online Purchases

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Globe Telecom's GCash mobile wallet

At the GSM Mobile World Congress in Barcelona, Spain, Globe Telecom launched a customer strategy for the unbanked — paying for mobile apps and other Web goods through GCash, its internationally acclaimed micro payment service that transforms a mobile phone into a virtual wallet for money transfers at the speed and cost of a text message.

Though the Philippines has over 70 million mobile phone subscribers that have catapulted it as the world’s text messaging capital, its market is traditionally constrained by low credit card ownership that hampers full participation in today’s digital life.

To start off the service, Globe has partnered with Research in Motion (RIM) to allow Globe subscribers using BlackBerry devices to charge purchases for mobile applications from the BlackBerry App World onto their monthly-postpaid bill or prepaid account credits. The new service is expected to roll out in the second quarter this year.

A tie-up with American Express will roll out an online payment solution that will enable Globe subscribers to purchase goods such as electronics, toys, apparel, and many other goods from popular US and UK online sites that accept American Express.

Read more at CRM Innovation

Photo by GSMA MMU at Flickr.com

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Stronger Philippine Tourism Campaign in Ottawa

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Filipino folk dance presentation

The Philippine Embassy participated in the recent 18th Ottawa Travel and Vacation show held on March 10-11, 2012 at the Ottawa Convention Centre in Canada. The participating travel services company includes Tours Hai International, Jade Tours, Handa Travel, and Royal Scenic, among others. At the show, there was palpable interest in selling more Philippine destinations as demonstrated by Uniktour, Travel Professionals International and Family Travel Scoop.

Besides tourism, the Philippine Embassy took the occasion to promote Philippine products and food. Filipino shell craft, baskets and the turon were the top drawers inviting queries and compliments from visitors. Philippine participation in the travel show was organized by the Philippine Department of Tourism office in New York represented by Ms. Mitchelle T. Dy, Deputy Director for Marketing.

Read more at Philippine Embassy Ottawa

Photo by pong0814 at Flickr.com

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Written by Raffy Pekson II

March 14, 2012 at 3:31 pm

Wells Fargo to Outsource to the Philippines

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Wells Fargo Center sign

Despite all the political pressures in the United States for businesses not to outsource, the second largest American banking company, Wells Fargo and Co., will proceed in moving some its business support activities to the Philippines. For this, the U.S. bank has set up Wells Fargo Philippines Solutions Inc., which is following the footsetps of other banking giants such as JP Morgan Chase and Citigroup.

Wells Fargo & Company (NYSE: WFC) is an American multinational diversified financial services company with operations around the world. It is the second largest bank in the United States in terms of deposits, home mortgage servicing, and debit cards. Wells Fargo is headquartered in San Francisco, California, but has major “hubquarters” in other cities throughout the country. In 2011, Wells Fargo had more than 9,000 retail branches and 12,231 automated teller machines in 39 states and the District of Columbia. It has over 270,000 employees and over 70 million customers.

Sources: Interaksyon | Wikipedia

Photo by moneyblognewz at Flickr.com

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