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GCash
GCash, is a Philippine mobile wallet, mobile payments and branchless banking service. Introduced in 2004, it is owned by Mynt (formerly Globe Fintech Innovations, Inc.), which is a joint venture between Ant Group, an affiliate company of the Alibaba Group and the operator of the world's leading open digital lifestyle platform, Alipay; Ayala Corporation, Ayala Group of Companies, one of the Philippines' largest business conglomerates; and Globe Telecom, Globe Group, one of the Philippines' largest telecommunications companies (Mynt is listed as a subsidiary of 917Ventures). As of 2019, it had 20 million active users and more than 63,000 partner merchants in the Philippines. However, in two years, owing to the rise of digital payments in the Philippines due to the COVID-19 pandemic, these figures more than doubled, with 46 million active users and 2.5 million merchants and sellers as of August 2021, making GCash the country's undisputed mobile wallet giant. As of May 2022, it has m ...
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GCash By Alipay QR
GCash, is a Philippine mobile wallet, mobile payments and branchless banking service. Introduced in 2004, it is owned by Mynt (formerly Globe Fintech Innovations, Inc.), which is a joint venture between Ant Group, an affiliate company of the Alibaba Group and the operator of the world's leading open digital lifestyle platform, Alipay; Ayala Corporation, Ayala Group of Companies, one of the Philippines' largest business conglomerates; and Globe Telecom, Globe Group, one of the Philippines' largest telecommunications companies (Mynt is listed as a subsidiary of 917Ventures). As of 2019, it had 20 million active users and more than 63,000 partner merchants in the Philippines. However, in two years, owing to the rise of digital payments in the Philippines due to the COVID-19 pandemic, these figures more than doubled, with 46 million active users and 2.5 million merchants and sellers as of August 2021, making GCash the country's undisputed mobile wallet giant. As of May 2022, it has m ...
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Globe Telecom
Globe Telecom, Inc., commonly shortened as Globe, is a major provider of telecommunications services in the Philippines. The company operates the largest mobile network in the Philippines and one of the largest fixed-line and broadband networks. As of March 2022, Globe's total mobile subscriber base reached 87.4 million. It is also the country's largest telecommunications company in terms of market capitalization. The company's principal shareholders are Ayala Corporation and Singtel. It is listed on the Philippine Stock Exchange under the ticker symbol GLO and had a market capitalization of ₱363 billion as of the end of August 2021. Globe offers commercial wireless services through its 2G, 3G, 3.5G HSPA+, 4G LTE, and LTE-A networks, with 5G currently being deployed in key areas in the Philippines. It5G coverageis available in over 2,000 locations all over the country and about 96% of the National Capital Region. In 2016, Globe introduced its ''Globe Lifestyle'' bran ...
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7-Eleven
7-Eleven, Inc., stylized as 7-ELEVE, is a multinational chain of retail convenience stores, headquartered in Dallas, Texas. The chain was founded in 1927 as an ice house storefront in Dallas. It was named Tote'm Stores between 1928 and 1946. After 70% of the company was acquired by an affiliate Ito-Yokado in 1991, it was reorganized as a wholly owned subsidiary of Seven & I Holdings. 7-Eleven operates, franchises, and licenses 78,029 stores in 19 countries and territories as of November 2021. While operating under its namesake brand globally, within the United States it operates as 7-Eleven nationally, as Speedway nationally but mostly in the Midwest & East Coast, and as Stripes Convenience Stores within the South Central United States; both Speedway and Stripes operate alongside 7-Eleven's namesake stores in several markets. 7-Eleven also operates A-Plus locations with the name licensed from owner and fellow Metroplex-based Energy Transfer Partners, though most of these sto ...
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Alipay
Alipay () is a third-party mobile and online payment platform, established in Hangzhou, China in February 2004 by Alibaba Group and its founder Jack Ma. In 2015, Alipay moved its headquarters to Pudong, Shanghai, although its parent company Ant Financial remains Hangzhou-based. Alipay overtook PayPal as the world's largest mobile (digital) payment platform in 2013. As of June 2020, Alipay serves over 1.3 billion users and 80 million merchants. According to the statistics of the fourth quarter of 2018, Alipay has a 55.32% share of the third-party payment market in mainland China, and it continues to grow. History The service was first launched in 2003, by Taobao. The People's Bank of China, China's central bank, issued licensing regulations in June 2010 for third-party payment providers. It also issued separate guidelines for foreign-funded payment institutions. Because of this, Alipay, which accounted for half of China's non-bank online payment market, was restructured as a ...
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Ant Group
Ant Group ()'','' formerly known as Ant Financial, is an affiliate company of the Chinese conglomerate Alibaba Group. The group owns the world's largest mobile (digital) payment platform Alipay, which serves over 1.3 billion users and 80 million merchants, with total payment volume (TPV) reaching in June 2020. It is the second largest financial services corporation in the world, behind Visa. In March 2019, ''The Wall Street Journal'' reported that Ant's flagship Tianhong Yu'e Bao money-market fund was the largest in the world, with over 588 million users, or more than a third of China's population, contributing cash to it. In October 2020, Ant Group was set to raise US$34.5 billion in the world's largest IPO at the time, valuing the company at US$313 billion. On the eve of the IPO, China stopped the process from moving forward. It was reported that the Chinese Communist Party leader Xi Jinping personally scuttled the Ant IPO. On 12 April 2021, ''The Wall Street Journal'' report ...
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Maya (mobile Payments)
Maya (formerly known as PayMaya powered by PayMaya Philippines, Inc. and prior to that, as Smart Money powered by Smart e-Money, Inc.), is a Philippine financial services and digital payments company based in Metro Manila, Philippines. Smart Money was launched in December 2000, in cooperation with 1st eBank (now BDO Universal Bank) and Mastercard. It is the world’s first card linked to a wireless phone and was marketed by Smart Communications as one of the biggest innovations in finance. In January 2016, the service was rebranded as PayMaya and, in the first quarter of the same year, reached the milestone of having processed $1 billion worth of transactions. PayMaya reached 44 million registered users by the end of 2021. In April 2022, PLDT and Smart Communications, the two companies controlling PayMaya's parent company, Voyager Innovations, announced that PayMaya would be overhauled and renamed ''Maya'', coinciding with the launch of Maya Bank. The said rebranding came to ...
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Ayala Corporation
Ayala Corporation (Spanish: ''Corporación Ayala'', formerly ''Ayala y Compañía'' (Ayala & Company)) is the publicly listed holding company for the diversified interests of the Ayala Group. Founded in the Philippines by Domingo Róxas and Antonio de Ayala during the Spanish colonial rule, it is the country's oldest and largest conglomerate. The company has a portfolio of diverse business interests, including investments in retail, education, real estate, banking, telecommunications, water infrastructure, renewable energy, electronics, information technology, automotive, healthcare, management, and business process outsourcing. As of November 2015, it is the country's largest corporation in terms of assets ($48.7B). History Ayala y Compañía was established in 1876 and traces its origins to Casa Róxas, a partnership established in 1834 between Domingo Róxas and Antonio de Ayala. Casa Róxas began with the formation of a distillery which became known as the maker of Gi ...
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Online Payments
An e-commerce payment system (or an electronic payment system) facilitates the acceptance of electronic payment for offline transfer, also known as a subcomponent of electronic data interchange (EDI), e-commerce payment systems have become increasingly popular due to the widespread use of the internet-based shopping and banking. Credit cards remain the most common forms of payment for e-commerce transactions. As of 2008, in North America, almost 90% of online retail transactions were made with this payment type.Turban, E. King, D. McKay, J. Marshall, P. Lee, J & Vielhand, D. (2008). Electronic Commerce 2008: A Managerial Perspective. London: Pearson Education Ltd. p.550 It is difficult for an online retailer to operate without supporting credit and debit cards due to their widespread use. Online merchants must comply with stringent rules stipulated by the credit and debit card issuers (e.g. Visa and Mastercard) in accordance with a bank and financial regulation in the countries ...
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Mobile Payments In The Philippines
Mobile may refer to: Places * Mobile, Alabama, a U.S. port city * Mobile County, Alabama * Mobile, Arizona, a small town near Phoenix, U.S. * Mobile, Newfoundland and Labrador Arts, entertainment, and media Music Groups and labels * Mobile (band), a Canadian rock band * Mobiles (band), a 1980s British band Other uses in music * ''Mobile'' (album), a 1999 album by Brazilian Paulinho Moska * "Mobile" (song), a 2003 song by Avril Lavigne from ''Let Go'' * "Mobile", a song by Gentle Giant from the album ''Free Hand'' Other uses in arts, entertainment, and media * Mobile (sculpture), a kinetic sculpture constructed to take advantage of the principle of equilibrium * ''Mobile'' (TV series), a British ITV drama * "Mobile", a short story by J. G. Ballard, later renamed "Venus Smiles" * Mobile, a feature of the game ''GunBound'' * ''Mobile Magazine'', a publication on portable electronics Military and law enforcement * ''Garde Mobile'', historic French military unit * Mobile Briga ...
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Ayala Corporation Subsidiaries
Ayala may refer to: Places * Ciudad Ayala, Morelos, Mexico * Ayala Alabang, a barangay in Muntinlupa, Philippines * Ayala Avenue, a major thoroughfare in the Makati Central Business District, Philippines * Ayala, Magalang, a barrio in Magalang, Pampanga, Philippines * Ayala, Zamboanga, a barrio in Zamboanga City, Philippines * Ayala/Aiara, a town in Álava province, Spain People * Ayala (given name) * Ayala (surname), a surname of Basque origin * Ayala (musician), musician, singer, songwriter and TV presenter of The Ayala Show Arts and entertainment * Yowlah (also called "ayala"), a traditional dance of the United Arab Emirates and Oman * "Ayala", a song from the album '' 17'' by XXXTentacion * Ayala (Star Trek), a fictional character on ''Star Trek: Voyager'' * Ayala Dormer, a fictional character in Anthony Trollope's novel ''Ayala's Angel'' Other uses * Ayala Corporation, a holding company operating in the Philippines * Ayala Center, a commercial development at Makati, Phil ...
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Unicorn (finance)
In business, a unicorn is a privately held startup company valued at over US$1 billion. The term was first published in 2013, coined by venture capitalist Aileen Lee, choosing the mythical animal to represent the statistical rarity of such successful ventures. CB Insights identified 1,170 unicorns worldwide . Unicorns with over $10 billion in valuation have been designated as "decacorn" companies. For private companies valued over $100 billion, the terms "centicorn", "hectocorn", and "super-unicorn" have been used. The term "kilocorn" has been used for companies valued at $1 trillion, of which Apple was the first. History Aileen Lee originated the term "unicorn" in a 2013 ''TechCrunch'' article, "Welcome To The Unicorn Club: Learning from Billion-Dollar Startups". At the time, 39 companies were identified as unicorns. In a different study done by ''Harvard Business Review'', it was determined that startups founded between 2012 and 2015 were growing in valuation twice as f ...
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Ministop
(), a member of AEON (company), AEON, operates the Ministop convenience store Franchising, franchise chain in Japan. Unlike most other convenience stores in Japan, Ministop stores feature a kitchen that prepares sandwiches, snacks and take out bento boxes on demand, and has a seating area where customers can sit down and eat immediately. Products The usual Japanese convenience store goods are available, such as magazines, manga comic books, soft drinks, contraceptives, onigiri ; services include bill payment, photocopying, ticket purchase for events and Automated teller machine, ATM access. Ministop also has its own unique brand of fast food. The menu varies according to season and periodical promotions. A typical selection might include hot dogs, sandwiches, frozen desserts such as Soft serve, soft serve ice cream, kariman and ''chūkaman''—Siopao-style buns with various fillings. International operations Ministop also operates in China, Vietnam and Kazakhstan. South Kore ...
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