MASTERCARD and GCash have plugged into Google Pay to provide users with fast, secure and seamless transactions.
In a separate statement on Wednesday, Mastercard said its cardholders from select issuers can now pay in stores using their Android mobile phones equipped with near-field communication (NFC) technology, as well as online and in-app through Google Pay.
The service will initially be available for Chinabank Mastercard Credit Card, EastWest Bank Mastercard Credit Card, GCash (via Tap to Pay feature), RCBC Mastercard Credit Card and Zed Mastercard Credit Card cardholders.
Mastercard added that more partner banks are preparing to enable Google Pay soon, allowing additional consumers to benefit from secure, convenient digital payments.
‘This innovation not only simplifies everyday payments but also accelerates the country’s journey toward a digitally inclusive economy, where secure, tokenized transactions become the norm for all,’ Mastercard country manager for the Philippines Jason Crastro said.
Google Pay uses Mastercard’s tokenization technology, which replaces sensitive card information with a unique token stored on the user’s device and protected by a cryptogram.
Mastercard cardholders can download the Google Wallet app from the Play Store and add their card, and start choosing Google Pay at online checkout, confirm their purchase, and pay.
For in-store transactions, cardholders can tap their Android devices at contactless payment terminals.
Meanwhile, GCash also announced that it can now be fully integrated with Google Pay, enabling users to link their GCash wallets to the platform for transactions.
The feature is initially available to select users and will roll out to more customers soon, GCash said.
GCash users need to download Google Wallet from the Google Play Store, open the GCash app and tap on their Profile to link their account.
To activate the service, users must download the Google Wallet app and agree to bind and proceed with biometric verification.
Once complete, a prompt will appear that will redirect them to the Google Pay app, where they need to sign in.