There is no doubt that the global pandemic has accelerated digital transformation, changing our day-to-day lives.
Due to current events, the digital shift that was supposed to take years happened in a blink of an eye – putting the spotlight on businesses and how they make an effort to innovate their products and services.
For Home Credit, it did not come as a surprise since their digital efforts started years ago knowing that digitalization, especially in the financial industry, is the next big thing. Their journey started from their launching in 2013, where they already proved to be a gamechanger in the financial landscape.
Coming from a predominantly unbanked market like ours, Home Credit came into the picture and started catering to Filipinos with little to no credit history and providing affordable installments for their gadget and electronic needs.
This is what we now call as “buy now, pay later” and despite the term finding its fame during the pandemic, it’s actually a relatively old concept – and Home Credit has long been considered a pioneer and leader in this industry.
Not only has it solidified its footprint as the country’s leading consumer finance with presence in over 9000+ stores nationwide, it has also rapidly grown its mobile presence in the recent years through the My Home Credit App in Google Play Store which now has more than 9 million app users, putting their total customer count to almost 8 million.
As they celebrate their 8th year anniversary, their growing customer-base will continue to enjoy several of its offers through physical touchpoints at partner retail stores as well as explore contactless options through the My Home Credit App providing every need in just one place – loans, pay bills, buy load, contactless payments, shopping through partner stores, exciting discounts, and so much more.
Home Credit’s one-minute approval for loan applications is known as the fastest in the industry. Including simple requirements, interested borrowers can apply in partner retail stores all over the country.
As the pandemic pushed us to convert to contactless means, Marketplace – one of the features of My Home Credit App – was introduced as the one-stop shop to browse big-ticket items, compare deals and products, and apply for loans, all within the app.
Redefining the traditional way of shopping and the buy now pay later experience of Filipino consumers, they are the first consumer finance provider to offer pre-approval in the mobile app.
Beyond offering easy installments, Home Credit now offers easy payments. With the introduction of its newest payment option Qwarta, Home Credit customers will be given as much as P10,000 additional spending limit within the app to increase their purchasing power. Qwarta can be used to pay bills without additional cost, shop or buy load with discounts, or purchase via QR Code.
The Home Credit app now houses telco load from all networks, over 200 billers, and can also scan QR codes at 50,000+ partner brands and merchants nationwide, allowing customers to stretch their budget on countless shopping scenarios.
And even better news, by using the app at selected stores, customers can enjoy up to 50% off through its SMILE discounts program.
Home Credit’s financial literacy campaign has also evolved through the years. For the longest time, they have made it their purpose to teach the basics of budgeting and saving to ordinary Filipinos through the ‘Juan, Two, Three‘ campaign.
Staying true to this mission but having in mind the effects of the pandemic, they started leveraging on digital platforms to deliver financial literacy concepts through their official website, social media and mobile app – this time with their newest program dubbed as “DigitizEd”.
“Home Credit introduced a lot of firsts to the Philippine market, and this is a testament of how well we anticipate the needs of the consumers and continue to innovate our services and offerings to meet those demands. Having evolved over the past 8 years, we want to offer a 360° service and be your go-to partner for all your financial needs” said David Minol, Home Credit PH Chief Executive Officer (CEO).
Celebrate with Home Credit as they turn 8 this year by keeping yourself posted on the latest announcements and special promos – one of which is the much-awaited awarding of their 8 millionth customer who will receive exciting prizes sponsored by (brand partner). For more information, visit www.homecredit.ph and follow Home Credit at www.facebook.com.homecreditph.
There’s a Nanyang near you for all your Singaporean food cravings
August 4, 2023 6:30 p.m.
Missing Singapore’s famous Hainanese Chicken Rice, Laksa fishball, Cheesy Chicken Chop Noodles and Kopi?
Visit your nearest Nanyang Philippines branch.
Globe powers up TOYCON 2023’s landmark 20th year
June 29, 2023 6:53 p.m.
As Toycon Philippines proudly commemorates its 20th year, the landmark celebration promises to be more electrifying than ever with the formidable support of leading digital lifestyle brand Globe.
Globe has always been at the forefront of supporting diverse subcultures and passions, and this partnership is a testament to its commitment. As part of the collaboration, Globe will bring to life the rich world of its cinematic and theatrical partners, further enriching the TOYCON 2023 experience for attendees.
“As the country’s most reliable network and top digital solutions platform with an ecosystem of various services, we’re uniquely positioned to foster the vibrancy of the toy collecting and creating community. This partnership underscores our commitment to nurturing a wide array of passions and interests while ensuring the best connectivity for all participants.”
Cholo Mallillin, Marketing Head at Toycon Philippines, said: “The collaboration with Globe will further elevate the Toycon experience. This partnership will bring more surprises and rewards to our community. We invite everyone to join us as we celebrate 20 years of Toycon in the most exciting way possible.”
TOYCON 2023 will be held at the SMX Convention Center in MOA from July 7 to 9, 2023. Attendees are in for a treat, as they have the chance to meet their beloved childhood characters, explore an expansive marketplace of unique toys and collectibles, and participate in exclusive Globe activities.
One of the highlights of the partnership is a series of exclusive perks for Globe customers. By using Globe Rewards points, customers will have the opportunity to win various ticket tiers ranging from Day Passes to VIP Passes. There will also be exclusive toy freebies for VIP pass holders, and unique Globe-only activities, such as paint-your-own Gudi.
At the event, Globe will also host an interactive booth featuring activities designed to reward and inspire. From earning freebies by donating Rewards points to a good cause, to free arcade plays and meet-ups with popular streamers, Globe customers are in for an exciting weekend of gaming and beyond.
To learn more about Globe, visit https://www.globe.com.ph/.
Love the long weekend break? Cybercriminals do, too
April 4, 2023 5:11 p.m.
There are 18 official public holidays in the Philippines. As we all know, when these dates fall close to a weekend or if the government pursues holiday economics, most Filipinos make plans in advance to take advantage of extended holiday breaks. This year, we can get to do that at least 12 times.
Unfortunately, cybercriminals get excited about holidays, too. To refresh everyone’s memory, the $81-million Bangladesh Bank heist back in 2016 is an example of a successful cyber attack, which happened on the first day of Lunar New Year, a national holiday in the Philippines and the rest of Asia.
“Now that the world has reopened, travel is back with a vengeance this year, hence the term ‘travel revenge’. Whether Filipinos are scheduling holiday trips or just staycation-ing during the long weekends, it’s important to observe simple digital security practices so you can get to sit back and relax as you take your well-deserved vacation. Security-first thinking opens doors for a more enjoyable holiday break, especially for Filipinos who are amongst the world’s most active online users,” comments Chris Connell, Managing Director for Asia Pacific at Kaspersky.
Both individuals and companies are advised to be extra mindful of personal cybersecurity best practices and internet hygiene when on a holiday.
For companies, Kaspersky suggests to:
- Conduct drills
- Stress to vacationing employees why data encryption, two-factor authentication, strong passwords, and locking devices when not in use are important.
- Discuss the steps to take if their device ends up getting stolen.
- Advise staff about charging smartphones in a wall socket, not through USBs at airports and other public places (these can be used to steal data from a device and infect it with malicious software, such as spyware.
- Educate employees about the dangers of public WIFI (and even hotel WIFI unless it is encrypted and password-protected) and how to use a secure connection such as with a VPN.
- Log out
- Terminate unnecessary VPN connections to the corporate infrastructure.
- End unnecessary sessions that employees have left on any devices for an extended period of time. This also applies to corporate messengers, web apps and any other services.
- Check that the list of employees with access to the corporate network via VPN or RDP include only authorized users. Revoke access from those who don’t need it.
- Create special “emergency” admin accounts for potential incident response over the holidays. The rights granted to regular admin accounts can even be temporarily restricted so that attackers cannot exploit them.
- Install patches for all key applications. This process is far simpler if your company uses security solutions with a built-in patch management system.
Meanwhile, Kaspersky encourages individuals to:
- Only browse trusted apps and websites and be careful about personal information you input like credit card numbers or home address.
- Do not click on links or open email attachments from travel sites when receiving confirmations. Trusted companies include such letters in the bodies of their emails. Malware is often disguised as an attached confirmation letter.
- Bring two or three or more credit or debit cards to have a backup plan in case of loss or needing to cancel one.
- Never leave valuables unattended. Put large amounts of cash and mobile devices or laptops in the hotel safe.
- Use a credit card as most have built-in protections against fraud. There is no protection against a scammer if you send them cash or even check or debit card payment in some cases. A money transfer service is not advisable.
- Ensure their devices has security software installed, ideally with anti-theft technology.