- June 5, 2023
Package delivery company UPS is providing Filipino businesses and consumers with a new streamlined, cashless payment experience by partnering with electronic wallet GCash.
With this partnership, any shipper or recipient in the Philippines can instantly and securely pay for UPS’s logistics services, and settle any outstanding shipment-related charges any time using the GCash app—no need to transact in-person with cash or credit cards.
“Being able to leverage GCash’s leading mobile payments technology enhances how our customers do business with us in several ways, including improved customer experience, payment convenience, and even minimizing package delays in the event shipments are held at customs due to outstanding duties and taxes,” said UPS Philippines’ finance manager Grace Gavilan.
“Small businesses form the backbone of our economy, and as the Philippines pivots towards becoming a digitalized and cash-lite economy, their active participation is crucial or they risk getting left behind,” she added.
“We’re confident this enhancement opens more doors for Filipino small businesses to be part of an inclusive financial ecosystem, and addresses their needs for a smarter, more digital-first approach to logistics and international trade.”
UPS currently invests $1 billion per year in technology to enhance network efficiency and improve its services. In recent years, UPS has unveiled several initiatives aimed at enabling a global smart, technology-enabled logistics network, including new shipping technologies like My Choice for Business, which provides shippers with greater flexibility and visibility of their inbound and outbound shipments.