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Ph fintech GCash teams up with Alipay+, Mastercard for 'Tap to Pay' global launch

Business

Ph fintech GCash teams up with Alipay+, Mastercard for 'Tap to Pay' global launch
Business

Business

Ph fintech GCash teams up with Alipay+, Mastercard for 'Tap to Pay' global launch

2025-09-03 12:18 Last Updated At:12:35

MANILA, Philippines, Sept. 2, 2025 /PRNewswire/ -- Leading Philippine fintech player GCash has launched a new payment innovation, introducing a next-generation contactless solution that offers convenience, security, and global reach.

GCash Tap to Pay can now be used by its users to pay at more than 150 million Mastercard acceptance locations across the world, powered by Near Field Communications (NFC) technology. This innovative solution for e-wallets to make NFC payments is enabled through a collaboration between Alipay+ and Mastercard.

"At GCash, our goal has always been to drive financial innovation and create an inclusive, cashless ecosystem," said Ren-Ren Reyes, president and CEO of GCash mobile wallet operator G-Xchange, Inc. "With Tap to Pay, we're not just modernizing payments; we're empowering Filipinos with a seamless and globally competitive solution that is locally relevant and universally accessible."

Tap to Pay enables users to complete payments with a simple tap of their NFC-enabled Android phone on any Mastercard-accepting POS terminal. This complements the current QR code payment in more than 50 destinations globally, significantly expanding global acceptance of GCash via scan or tap—from small local shops to major department stores.

"GCash is a pioneer in driving digital payments, and now one of our first partners to enable Alipay+ NFC global payment capability," said Douglas Feagin, President of Ant International. "Alipay+'s collaboration with Mastercard is redefining a new future of global payments, enabling Alipay+ partner wallets to be accepted at Mastercard NFC merchants around the world. We believe that greater interoperability between e-wallet and card systems is a trend of the future."

Robust security is at the core of this innovation, with authentication protocols and data encryption ensuring every payment is protected from tampering and fraud. The result is a seamless and secure experience for everything from a quick coffee run to a full grocery trip.

GCash Tap to Pay now empowers Filipinos to make simpler, more seamless transactions—both locally and internationally—through a strategic collaboration with Alipay+ and Mastercard.

About GCash

GCash is the Philippines' #1 Finance Super App and Largest Cashless Ecosystem. Through the GCash App, users can easily purchase prepaid airtime; pay bills via partner billers nationwide; send and receive money anywhere in the Philippines, even to other bank accounts; purchase from over 6 million partner merchants and social sellers; and get access to savings, credit, loans, insurance and invest money, and so much more, all at the convenience of their smartphones. Its mobile wallet operations are handled by G-Xchange, Inc. (GXI), a wholly-owned subsidiary of Mynt, the first and only $5 billion unicorn in the Philippines.

GCash is a staunch supporter of the United Nations Sustainable Development Goals (SDGs), particularly UN SDGs 5,8,10, and 13, which focus on safety & security, financial inclusion, diversity, equity, and inclusion as well as taking urgent action to combat climate change and its impacts, respectively.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Ph fintech GCash teams up with Alipay+, Mastercard for 'Tap to Pay' global launch

Ph fintech GCash teams up with Alipay+, Mastercard for 'Tap to Pay' global launch

Over 15,000 visitors to the INCHEON–IFEZ Booth; IFEZ supported a record 50 innovation companies participating in CES 2026.
Participating companies secure a foundation for global expansion, including 20 MoU signings.

INCHEON, South Korea, Jan. 16, 2026 /PRNewswire/ -- The Incheon Free Economic Zone (IFEZ) announced the successful operation of the INCHEON–IFEZ Booth at CES 2026, presenting IFEZ's future-city vision and the technologies of Incheon-based innovators to a global audience.

Under the theme "Destination Incheon — From Smart City to AI City," the booth highlighted a sustainable urban future enabled by Incheon companies' innovations and drew more than 15,000 visitors, according to IFEZ.

During CES 2026, IFEZ also met with the Fairfax County Economic Development Authority (FCEDA) to discuss support measures and collaboration models for helping Incheon startups enter the U.S. market. The two sides plan to develop practical joint programs through continued cooperation.

IFEZ supported a record 50 companies at CES 2026 across multiple participation tracks, dividing them across various exhibition areas: 10 companies in the 'INCHEON-IFEZ' Booth at the Las Vegas Convention Center, 10 in the Korea pavilion (KOTRA) at the Eureka Park, 6 in the Global Pavilion, and 15 as the Incheon Startup Park Delegation and 10 Innovation Award showcase participants.

These companies achieved record-breaking results, conducting 1,419 business consultations with overseas buyers and investors, with the estimated value of export consultations reaching $560 million—more than 400 additional meetings compared to last year. In addition, nine companies signed 20 MOUs, building momentum for global expansion and investment opportunities.

Leadpoint System, a smart manufacturing and industrial automation solutions provider, signed an MOU with Webtronic Labs, a U.S.-based technology R&D company.

emCT, which specializes in fire detection and safety management solutions, signed an MOU with Texas Legacy Realty, a Texas-based real estate development and operations company, to pursue collaboration on applying fire safety and "safe zone" solutions in commercial and residential buildings.

Medicell Healthcare, a regenerative medicine and bio-healthcare solutions company, signed an MOU with the City of Phoenix, Arizona's largest city, and discussed cooperation on technology collaboration and local proof-of-concept initiatives in public healthcare.

IFEZ said 14 supported companies earned 17 CES Innovation Awards, the highest total to date for Incheon, drawing strong interest from global buyers and investors. Deep Fusion AI received a Best of Innovation honor for its radar-based sensor-fusion AI technology, gaining attention in next-generation autonomous driving and robotic perception.

Mayor Yoo Jeong-bok said the CES participation advanced the Incheon–IFEZ AI City vision on the global stage and pledged continued support to expand Incheon companies' international reach and strengthen Incheon as a global business hub.

 

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

INCHEON-IFEZ Booth Wraps Up a Successful CES 2026, Recording $560M in Export Consultations and 17 Innovation Awards

INCHEON-IFEZ Booth Wraps Up a Successful CES 2026, Recording $560M in Export Consultations and 17 Innovation Awards

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