“Dirty money,” is literally true as concerns about cash carrying COVID-19 arises as many Pinoys shop for supplies amid the outbreak.
But could handling cash really contribute to the spread of the virus?
Should Pinoys start ditching traditional currency and coins in favor of digital alternatives, including cashless payment?
Well, cash is notoriously covered in germs; a 2017 study of used bank notes in New York found 397 distinct bacterial species crawling across the bills.
So what is the reality when it comes to COVID-19 and cash?
To date, COVID-19, has infected more than 100,000 people and caused at least 3,410 deaths worldwide. It’s unclear how long the virus survives on surfaces, it could spread from touching a contaminated object and then touching your eyes, mouth or nose.
WhileWorld Health Organization reiterated that you should wash your hands, including after handling money, especially if you’re eating or touching food; there are already reports that WHO is also advising to avoid handling money and instead switch to contactless payments to deter the spread of the deadly virus.
So why use cashless digital payments?
We all know that money changes hands hundreds of times during circulation. It can pick up all sorts of bacteria and viruses as they’re passed around. Experts even say the coronavirus could latch onto currency in the same way that it is able to live on hard surfaces like doorknobs, handrails and toilet handles, thus lead to the spread of disease. So when shoppers avoid the use of paper money and go cashless transactions like QR payment, we avert catching the virus from a dirty banknote. The risk of transmission is then reduced.
Speaking of, did you know that the QR payments, just like coronavirus, started the cashless revolution in China?
Currently, the use of QR for mobile digital payments is very popular in various emerging and developed economies. In China alone, mobile digital payments account for over half of the country’s total transaction volumes.
So next time you lick a fingertip or thumb while counting out bills as you pay to the cashier, think about going cashless. Think about GCash!
So why pay with GCash?
Through the scan-to-pay feature of the GCash app, customers can purchase any product or avail of any service by simply scanning a GCash QR code.
Usingthe GCash’s Scan-to-Pay system is beneficial for both the users and merchants, as it gives customers and enterprises greater convenience due to its speed. Likewise, it removes the negative consequences that are always connected to cash handling, including risks of theft and fraud. The systems also provide a better way of managing finances, given that financial tools also provide a traceable history of transactions.
To date, GCash’s QR payments systems has made financial transactions easier for its 20 million+ registered users. And with over 70,000 partner merchants across the country including areas in Visayas and Mindanao, users of GCash have experienced seamless and hassle-free cashless shopping experience via smartphones that is faster, more convenient, and secure. Truly, GCash has helped revolutionize the way Filipinos transact!
Getting a GCash account is easy: download the GCash App for free from the App Store or from Google Play and sign up for an account or look for @gcashofficial on Messenger and sign up.
To fund GCash account, just visit GCash partner outlets nationwide, like Puregold branches, and tell the cashier to cash-in to the GCash account. Cashing-in is free!
For more details GCash Scan-to-Pay, visit the official Facebook page of GCash at www.facebook.com/gcashofficial.