Globe, Alibaba partnership makes GCash “future of payments” in Philippines

QR CODE PAYMENTS. Alibaba Founder and Executive Chairman Jack Ma (center, left) joins GCat, the GCash Mascot, as it shows a sample of the QR code that is set to change the landscape of payments in the country. Together with him are (from left) Mynt President and CEO Anthony Thomas, Globe President and CEO Ernest Cu, Ant Financial Services Group CEO Eric Jing, Ayala Corporation President and COO Fernando Zobel de Ayala, Ayala Land President and CEO Bobby Dy, and Ant Financial SVP and Head of International Operations Douglas Feagin.

GCash is poised to lead the future of payments in the Philippines following the recent joint venture of Ant Financial, Globe Telecom, and Ayala Corporation. The collaboration is seen to speed up the country’s digitization to make the lives of Filipinos much easier. Jack Ma, founder and executive chairman of Alibaba Group, attended an event…