New trends in the Philippines' third-party payment industry: BiPay helps companies make overseas pay

June 5, 2023, Beijing - Recently, GCash, the leading e-wallet in the Philippines, announced that its operations have been fully restored to normal, and the previous service suspension due to hackers' attempts to transfer funds has been calmed. This news undoubtedly brings peace of mind to 66 million users and injects new vitality into the third-party payment industry in the Philippines. At the same time, DG.hire, a one-stop global employment and payroll management platform, continues to pay attention to the dynamics of the overseas payment market, and through its brand "Bifu" series of services, it provides Chinese companies going overseas with more convenient and secure overseas payment solutions.

GCash returns to normal, and user funds are safe

At 3 pm on May 9, GCash officially announced that its services have returned to normal, and all affected users' e-wallets have been adjusted and the funds are intact. The mobile wallet emphasizes that the security of customers' funds is its top priority and has formulated a proactive cybersecurity policy to protect users. At the same time, GCash reminds users to be vigilant, not to share MPINs and one-time passwords (OTPs) with anyone, and to report suspicious activities through official channels.

Bifu series of services, a new payment option for overseas enterprises

Against this background, DG.hire launched the "Bifu" series of services, including Bifu Pay, Bifu GCash, Bifu Philippines collection and payment, etc., to provide Chinese overseas enterprises with more flexible and diverse payment options. These services not only support 120 major international currencies, but also have a team of 50 legal experts to help enterprises solve compliance and security issues in overseas payments, so that enterprises can focus on achieving global business growth.

One-stop service to help enterprises go global

As a platform dedicated to providing overseas human resources services for Chinese overseas enterprises, DG.hire has carried out overseas employment, overseas flexible employment, overseas salary management and other businesses in 150 countries around the world. Through its rich service experience and strong resource support, DG.hire can help enterprises develop more steadily in overseas markets.

Keep an eye on industry trends and provide enterprises with the latest information

In addition to providing professional overseas payment services, DG.hire also regularly summarizes and updates overseas information and overseas trends to provide enterprises with the latest market trends and policy guidelines. This not only helps companies keep abreast of changes in overseas markets, but also provides strong support for companies to formulate more precise globalization strategies.

Start your global hiring journey, contact DG

If you have overseas employees who need to be hired, or have any needs for overseas payment and human resources services, please contact DG.hire. We will provide you with one-stop global hiring and payroll management services to help your company achieve greater success in overseas markets.