Philippines GCASH native payment channel API interface: efficient, secure, and uninterrupted transac

With the rapid development of the electronic payment market in the Philippines, GCASH, as a leading e-wallet, has been favored by more and more merchants for its high efficiency, stability and security. This article will introduce the characteristics, docking process, rates and security measures of the GCASH native payment channel API interface in detail to help merchants better understand and use GCASH payment services.

1. Characteristics of GCASH native payment channel

High success rate: GCASH native payment channel has a 100% success rate, ensuring that every transaction can be completed smoothly.

Fast arrival: The payment service supports second-level arrival, improving user experience and capital turnover rate.

Support multiple payment methods: including native OTP channels, native New Web Pay channels and native Instapay payment mode, to meet payment needs in different scenarios.

Year-round service: The collection and payment service is available all year round to ensure that merchants can process transactions at any time.

High concurrent processing capability: Supports high-concurrency transactions to ensure stable operation during peak transaction periods.

2. API interface docking process

Merchants need to follow the following steps to access the GCASH native payment channel API interface:

Contact account opening: Contact the Bifu team through the specified contact method (such as Telegram @Bifuapp) to obtain the account opening guide and required materials.

Submit information: Submit merchant information as required to complete the account opening review.

Technical docking: Obtain API interface documentation and perform technical docking and testing according to the document guidelines.

Online operation: After the docking test is passed, it can be officially launched and start using the GCASH native payment channel for transaction processing.

3. Rates and limits

Collection rate: 4.5%, the specific rate can be adjusted according to the merchant type and transaction volume.

Collection rate: 20p, which can also be adjusted according to the merchant situation.

Merchant number daily limit: up to 50 million PHP, to meet the needs of large transactions.

Recharge/payment single limit: 100-50000PHP, which can be adjusted according to merchant needs.

IV. Security measures

Data encryption technology: Use advanced data encryption technology to ensure the security of transaction data during transmission.

Risk control model: Establish a complete risk control model, conduct real-time monitoring and risk assessment of each transaction, and effectively prevent fraud.

Fund security: Manage merchant funds in a special account to ensure fund security and avoid freezing losses caused by illegal funds.

Customer service support: Provide 24-hour customer service support to promptly solve problems encountered by merchants during use.

V. Summary

GCASH native payment channel API interface has become an important force in the Philippine electronic payment market with its high efficiency, stability and security. Merchants can enjoy high success rate, fast arrival, multiple payment methods support and other high-quality services by accessing GCASH native payment channel API interface, improving transaction efficiency and user experience. At the same time, GCASH provides complete security measures and customer service support to ensure the safety of merchants' funds and smooth operation during use.