i think bsp should examine gcash specially in cases where the registered cellphone was lost accidentally by owners or lost due to stolen phones.while they have procedures and requirements to be followed it takes time to recover the amount specially if the owners do not have insurance.my proposal is to audit the company where is the money going in the event that the balance of wallet coulf not be withdrawn
Here's what I think they will find 1. Some of the cases are just visual glitch ( which is common occurrence on apps ) 2. Most cases are users' fault for linking Gcash to online gambling, passive income apps and other sketchy apps or websites and that's how they got robbed ( the most likely reason ) 3. Gcash itself is indeed hacked ( which is the most unlikely reason )
Being a regulator, Bsp is not doing much to govern and investigate all digital platforms especially Gcash having several recurring issues. And to expand digital usage, remove the transfer fees and develop more data coverage across the country.
i think bsp should examine gcash specially in cases where the registered cellphone was lost accidentally by owners or lost due to stolen phones.while they have procedures and requirements to be followed it takes time to recover the amount specially if the owners do not have insurance.my proposal is to audit the company where is the money going in the event that the balance of wallet coulf not be withdrawn
Contact all those developers. They know who and where the culprit for sure.
Long overdue!
Here's what I think they will find
1. Some of the cases are just visual glitch ( which is common occurrence on apps )
2. Most cases are users' fault for linking Gcash to online gambling, passive income apps and other sketchy apps or websites and that's how they got robbed ( the most likely reason )
3. Gcash itself is indeed hacked ( which is the most unlikely reason )
Being a regulator, Bsp is not doing much to govern and investigate all digital platforms especially Gcash having several recurring issues. And to expand digital usage, remove the transfer fees and develop more data coverage across the country.