GCash Mastercard with Beep Review
Globe GCash Mastercard with beep review as a comparison.
Globe have released it’s own version of a Beep Chip embedded prepaid credit/debit card for dual use in the internet and for riding MRT and LRT lines. This card was released a day or two ahead of the PayMaya rival from Smart e-Money which was a Visa card and it packs it’s own advantage over it’s rival.
What is Globe GCash
Globe’s Gcash is rival service by Globe to combat the widely used SmartMoney prepaid debit/credit cards. Globe was able to secure a wide range of partners where you can use your Gcash card for discounts and freebies but it lacks the ability to be used on online purchases. Before the Beep Chip enabled cards era, Gcash was purely used as a discount card and an electronic wallet card. One of it’s use was an alternative payment system when buying from malls and groceries.
GCash American Express
Globe comes in two variant, the virtual American Express for virtual pay which cost from P250-P350 for 3 months usage. This is a big inconvenience since the virtual pay access will give you a default american address and an incomplete name (no last name) on the virtual card. This also pose a great issue with online store demanding that the delivery address to match with the billing address which is a common store security procedures.
This variant is the one with the physical GCash card powered by BPI/Globe BangKo with an embedded Beep Chip.
Physical Card Payment
Globe is charging their costumers a P150 fee for the card which comes with P30 Beep load credits and ZERO (P0.00) MasterCard load wallet. They also come with a programmable tri-cut simcard (blank number). The catch, they won’t give you the tri-cut programmable sim card if you will use your GCash MasterCard with your existing Globe sim card which for me sucks. This new sim card can come in different variant and the only thing they differ is the number of digits that you cab change on it’s programmable sim number. Some get a card with 7 programmable digits while some gets a lousy 1 programmable digit.
Globe GCash MasterCard is telco locked, you can only use with your Globe sim card which is a big let down. The Maximum amount the Beep Chip can hold is the same with the ordinary reloadable Beep card limits. I don’t recommend loading more than P500 on the Beep Chip since if you lose the Card, your Beep load wallet will be gone forever.
GCash MasterCard can be used as a tap payment wallet for partner stores using the Tap technology terminals. It is hassle free payment option but due to issues with the infancy of the Tap technology, it fails a lot and it was due to poor integration of the “Tap to Pay” system.
Physical Card Activation
You can get your Physical card on Globe Caravan stores, currently, they are in Laguna for the whole month until they move to a new location. You can get your physical card in less than 2 mins since they stop releasing a customized version. Card cost P150 paid upon claiming and comes with a tri-cut Globe Prepaid sim card however please note that if you just upgrade your virtual GCash account, they wont give you the bundled sim card.
Contact Less Payment (Beep)
GCash MasterCard have a Beep chip embedded inside the card for those who opt for the physical card version. The primary use of the physical card is for card swiping and as contact-less payment for MRT/LRT.
Terminal Less Payment
One of the strong points for GCash MasterCard is the terminal less mode of payment. As long as you can go online and connect your GCash MasterCard account, you can readily pay your bill using the app menu which is a nice feature or using the web version https://mygcash.globe.com.ph/gcashonline/
You can load up from their various partners or via Bancnet Online but the most preferred way is via DragonPay, this is troublesome for me since you will be forced to load up via a third party bank that uses a third party payment processor. Globe lacks planning on this one.
There is no direct way as of the moment to reload your Beep chip other than reloading the chip on Beep reloading terminals. I hope this feature can be automated in the coming year 2016.
Sell Eload Denominations to Anyone
This is for me the only advantage of GCash over PayMaya since SmartMoney and PayMaya can only sell load credits to the owner’s sim card. Globe GCash on the other hand can sell airtime load to everyone.
Call Credits Cash-in
Globe GCash have extended the use of your call credits by offering a direct call credit charging when purchasing items with Google Play. This is powered by GCash call credits to GCash virtual debit card purchases. GCash also offers converting your call credits into GCash load wallet deposits and it is a very nice feature if it won’t bugged out 9 out of 10 tries.