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GCash, the country’s leading finance super app, said Thursday said it added another layer of protection to shield users from scammers, fraudsters and cybercriminals.
SMP provides users with comprehensive protection from the most common scams, including online shopping fraud, account takeovers, and social engineering, for their transactions done via ‘Express Send’ in the app. Studies show that 45 percent of Filipino adults have been targeted by scams, with 11 percent falling victim. This has led to uncertainties towards digital payment methods among some users, hampering milestones already achieved towards financial inclusion.
“This collaboration ensures that you have added financial protection from the unexpected when transacting online, giving you the confidence that your hard-earned money is in safe hands,” he said.
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