GCash partners with Qwikwire for real estate payments
Credit to Author: The Manila Times| Date: Wed, 06 Mar 2019 19:11:56 +0000
GCASH, the leading mobile wallet provider in the Philippines, signed a partnership deal with Qwikwire – Philippines’ largest cross-border payments platform to innovate the local real estate payments transactions process in the Philippines.
In the Philippines, where the real estate industry has been booming over the last five years, people still pay their real estate dues through the traditional post-dated checks (PDCs), bank deposits, over the counter payments directly to property developers or some, to their brokers. With GCash and Qwikwire’s mutual goal to innovate and make payments safe and secure, clients can now pay their association dues through GCash’ mobile app.
“In the next two to three years, I firmly believe that there will be a significant change in how we do payments here in the Philippines,” said Ray Refundo, CEO of Qwikwire. “I think we can go from a society where most doesn’t have a bank account to turning their smart phones into a mobile wallet.”
Transactions from Qwikwire’s clients will be handled and processed by GCash.
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