GCash to forward transaction confirmation messages to app's inbox

Mobile wallet GCash is moving transaction confirmation messages from text messaging to the in-application inbox.

In an advisory, GCash said the move was aimed at improving security and providing easier access to customers’ transaction history.

The mobile wallet’s announcement came amid the proliferation of scam text messages, which now include the names of subscribers or recipients.

The National Telecommunications Commission (NTC) has ordered telcos anew to blast warnings to the public concerning the new variety of spam text messages.

"We'll start with PAY BILLS on September 13, then by September 28 SEND MONEY & BUY LOAD will follow," GCash said.

"They'll be instantly accessible via your App Inbox and also available when you click the ‘Activity’ button on the app which has your transaction history," it said.

In a report by Maki Pulido on "24 Oras" on Tuesday, authorities and experts reminded the public not to overshare personal information online and to be cautious against responding to scam texts as personal information of subscribers can reach scammers through data breaches that are sold on the dark web.

The NTC also directed telcos to accelerate the process of blocking SIM cards that are being utilized to perpetrate the fraudulent activities and further enhance the messaging of their respective public information campaigns to factor in the new variants of the text scams.

Telcos were given until September 9 to submit compliance reports. —VBL, GMA News