How to Get a GCash Mastercard: Steps to Order and Activate Your GCash Card
- By Adji Hendrawan
- September 9, 2021
Combining the benefits of a credit card and a debit card, the GCash Mastercard makes a great addition to both your physical and GCash wallets. You get the convenience of card payments even without a credit card or bank account. This makes it important for everyone who uses GCash to learn how to get a GCash Mastercard. But worry not! We’ve crafted this guide to give you everything you need to know about buying, activating, and using the GCash Mastercard. What is GCash Mastercard? The GCash Mastercard is a physical reloadable prepaid card that is used together with the GCash app to pay for online and in-store purchases as well as withdraw cash from ATMs. It allows GCash customers to enjoy the benefits of a credit card and a debit card in one. Download the GCash App No GCash app on your phone yet? GCash is available for both Android and iOS devices. You may download the app via the links below: GCash Mastercard Features There are quite a number of GCash Mastercard features, but here are some of the most noteworthy: EMV chip card[1] with a 16-digit card number and a three-digit CVV No maintaining balance required Customer Protect Program that covers unauthorized transactions Daily withdrawal limit: PHP 100,000 GCash Self-Service Features In September 2021, GCash rolled out these new self-service features that you can do right on the GCash app. Card Linking You have to link your GCash Mastercard to your GCash account so that you can make withdrawals and pay for purchases using your card. How to…
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Plan Your Future Now: A Guide to Building Your Financial Roadmap
Making a financial roadmap is like registering to vote: if you haven’t done it yet, now’s the best time to start. Both can affect your life in more ways than one, and failing to do them both won’t bode well for your future. After all, you can’t blame everything on a pandemic. Don’t know where and how to get started? Here are some tips to consider when preparing your financial roadmap for any set amount of time. What is a Financial Roadmap? A financial roadmap is what you need to know where you are right now financially, where you should be heading to, and what you need to do to smoothly navigate the road to financial success. This way, you’ll be able to make sound decisions about money that can help you achieve your life goals. How to Set Up Your Financial Roadmap Set Your Financial Goals Goal setting is the first step in making your financial roadmap. What do you want to accomplish by the end of the year and in the long term? Is it possible to achieve them during the pandemic? Do you have a big expense coming up this year? How much can you realistically set aside each week or month to have enough money for funding each life milestone? Whatever it is—getting married, overseas travel, or buying a new car—your financial goals must be SMART[1] (specific, measurable, attainable, relevant, and time-bound). Also, make sure to set short-term goals that are aligned with your long-term goals. For example, committing to pay off your credit card debt…
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[Battle of the Brands] Is Android Better Than iPhone in 2022?
- By Adji Hendrawan
- September 8, 2021
Google’s Android or Apple’s iPhone? Picking one is difficult. Both types of mobile devices have great features, and their differences aren’t too obvious. Also, these smartphones are equipped with two of the world’s leading mobile operating systems. Android and iOS have the largest market share in the Philippines (at 99.72% combined), as of February 2020.[1] But if you look at the finer details, it becomes clear which between Android vs iPhone suits you better. Keep reading this Battle of the Brands edition to make an informed choice when buying a smartphone. What is the Main Difference Between Android and iPhone? The main difference between Android and iPhone lies in the operating system that they use. Android smartphones run on Android, an open source operating system owned by Google. Because Android is an open source operating system, many smartphone brands use it and just modify it depending on their intended design. Smartphones running on Android range from affordable Realme units to the mid-ranger Xiaomi Redmi Note 10 Pro to high-end models, such as the Samsung S21. Because of the operating system’s open source nature, users and developers can customize their Android devices to fit their own requirements. On the other hand, Apple’s iPhones run on iOS, which is a proprietary operating system. The main goal of Apple is to have total control of its software and devices, from iPhones to iPad Pros. The company also wants to make an exclusive ecosystem that makes interaction between Apple-branded devices seamless. You’ll get to experience this when you own multiple Apple devices. You can…
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How to Use ShopeePay: A Guide for First-Time Users
- By Ricky Publico
- September 6, 2021
The concept of shopping at Shopee is already convenient as it is. You order from an online store, you pay, and you receive your item. Easy! However, we’re in the new normal where contactless payments are encouraged. Shopee’s answer to that? More convenience, thanks to ShopeePay. Shopee’s new mobile wallet adds to the extensive list of convenient payment options in the Philippines. Aside from encouraging minimal contact, it’s also a fast and convenient way to pay for all your Shopee purchases. Especially when it comes to checking out all the items in your cart from the Shopee 9.9 sale and all other major sales on Shopee for that matter! Find out more about how to use this mobile wallet in this guide. What is ShopeePay? ShopeePay is Shopee’s mobile wallet regulated by the Banko Sentral ng Pilipinas (BSP). It’s the rebranded version of Shopee’s initial attempt at entering the mobile wallet market, only with more useful features for shoppers and sellers alike. How Does ShopeePay Work? With ShopeePay, you can store money from your top-ups or refunds and then use it to pay for your next Shopee purchases via the Shopee app or Shopee website. Sometimes, you can also use ShopeePay to pay for Offline Deals. You can also enjoy discounts and promotions when you pay via ShopeePay. What Can I Do with ShopeePay? If you’re an avid Shopee shopper, ShopeePay is definitely a must-have. Here are just some ShopeePay benefits you can enjoy. Convenient shopping. As a way to encourage contactless payments, the mobile wallet aims to provide a…
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How Much Does COVID-19 Hospitalization Cost in the Philippines?
- By Moneymax
- September 2, 2021
Many Filipinos cannot afford hospitalization, what with the expensive healthcare cost in the Philippines. Amid the COVID-19 pandemic, it’s no surprise that people fear the cost of hospitalization more than the coronavirus itself. As of this writing, the total number of COVID-19 cases in the Philippines is over two million.[1] Worldwide, there are about 218.4 million cases and over 4.5 million deaths in 221 countries and territories.[2] The rising number of positive cases and deaths in the country makes every Filipino worry about COVID-19 hospitalization cost in the Philippines. Nobody wants to become part of the statistics. But the invisible enemy is unpredictable, so you want to be prepared for the worst. Somehow, it helps to know how much you’ll have to spend should you or a loved one get treated for COVID-19. How Much Does COVID-19 Treatment Cost in the Philippines? A COVID-19 patient’s hospitalization cost in the Philippines will vary depending on the severity of the condition, the hospital where the patient is admitted, confinement duration, and other factors. If news reports are any indication, the cost of COVID-19 treatment in the Philippines can cost a fortune. We’re talking about at least a million pesos here. Take the case of a 60-year-old patient whose hospital bill reached PHP 1.4 million[3] in only one week. The patient was admitted to a high-end private hospital in Alabang, Muntinlupa after getting rejected by other hospitals because they’re already at full capacity. How Much is the COVID Hospital Bill in the Philippines? In an interview with Philippine Entertainment Portal (PEP.ph), a family…
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How Much Does Mental Health in the Philippines Cost?
- By Moneymax
- August 27, 2021
People in Southeast Asia had increased interest in mental health-related products and services. A study revealed that the Philippines, along with Malaysia and Indonesia, had had the highest surge in Google searches for mental health services.[1] Filipinos’ searches for mental health-related items surged by 151%, including scented candles, essential oils, therapy lamps, and weighted blankets. COVID-19 has greatly affected mental health in the Philippines with more and more Filipinos struggling to overcome stress and anxiety.[2] Citing a World Health Organization study, BusinessWorld reports that around 3.6 million Filipinos suffer from at least one kind of mental, neurological, and substance use disorder. With mental health in the Philippines becoming more at risk of being compromised, are Filipinos prepared to pay for the costs of treatments, medications, and therapies? Where can we seek help and services to cope with depression, anxiety, stress, and bipolar disorder? Keep reading to learn more. Breaking the Stigma of Mental Health in the Philippines It’s easy to brush off depression, anxiety, and other mental illnesses since we don’t see them. However, we need to understand that mental illness is real; it’s not something that goes away after a good night’s sleep. In 2018, President Rodrigo Duterte signed the Philippine Mental Health Bill into law.[3] Authored by Senator Risa Hontiveros, the act aims to integrate psychiatric services and programs in the public health system to support depression in the Philippines and Filipinos suffering from mental illnesses. This also paves the way for a clearer understanding of mental health in the Philippines. Treatment Facilities for Mental Illness At present,…
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Tonik Digital Bank: How Neobanking Works in the Philippines
- By Ricky Publico
- August 23, 2021
The cashless revolution in the Philippines is in full force with the recent arrival of Tonik Digital Bank, the country’s first digital-only bank. It is also our first introduction into the concept of neobanking, the supposed future of banking. The brazen newcomer promises better interest rates and an even easier application process compared to other digital banks in the Philippines. But that begs the following questions: What is neobanking? How does it compare to digital banking? How good are the interest rates? And how exactly do I get my hands on Tonik? Luckily, there is enough space in this helpful guide to answer all those burning questions. What is a Neobank? Neobanking is the newest way to go about your banking needs in the digital age. For starters, a neobank is a digital-only virtual bank that offers financial products and service 100% online with no physical branches. From opening an account down to applying for a loan, you do all your transactions with a neobank through your smartphone. Note that neobanks aren’t viewed as traditional banks. Instead, they are considered financial technology firms that partner with financial institutions to provide a more accessible approach to banking. Because they don’t operate as banks, they can focus more on improving the overall experience like cutting down fees and offering higher interest rates. But since they’re not considered traditional banks, neobanks offer a limited number of financial products compared to traditional banks. They usually offer savings and checking accounts, money transfer and payment services, and financial education tools, among others. Neobanks vs. Digital…
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10 Smart Money Management Tips for Pinoy Breadwinners
- By Adji Hendrawan
- August 19, 2021
The Filipinos’ love for family is incomparable and unbreakable. For most of us, success and happiness are real only when shared with family. Thus, it’s not uncommon to forego our own dreams and goals if it means making our family comfortable, safe, and happy. This is the story of almost every Filipino breadwinner of the family who works hard to provide, even to the point of putting their dreams on the back burner. For Pinoy breadwinners, financial freedom seems like a far-fetched idea because of the many financial responsibilities. Like paying the bills, sending the kids to school, and just making ends meet. But as difficult as it may sound, being the breadwinner of the family also teaches one to be resilient, responsible, patient, independent, and wise. Having these traits are key to achieving financial independence as well. For OFWs, solo parents, children assuming the parent role, or anyone running a single-income household, here are some smart money management tips to help with your breadwinner budget and get your finances in shape. Budgeting Guide: 10 Tips for the Breadwinner of the Family 1. Track Your Money Do you know where your money is going? It pays to track where exactly it goes. Tracking your money is different from recordkeeping, though. Recordkeeping involves listing down your expenses, collecting receipts, and recording your receivables and payables, while tracking involves a little bit of analysis. When you track your money, you begin to compare your expenses and understand why you’ve been spending so much on a particular item. For instance, comparing your electric…
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How Does Philam Life Money Tree Work? Here’s What You Need to Know
- By Moneymax
- August 18, 2021
Saving up is an essential financial activity. It helps you prepare for the rainy days or make your dream business or much-awaited vacation happen. However, banks can only offer so much. The reality is that the interest your money earns isn’t that substantial, even if you’re saving up with a high-interest account. If you’ve already built a robust emergency fund, it’s time to take things to the next level―start investing! For a lot of people, investing is such a big and intimidating word. But it’s one effective way of making your money work. If you have a high capital and want to dabble in investing, the Philam Life Money Tree is something worth looking at. It’s also a good choice for seasoned investors who want to expand their portfolio. Here are the important things you need to know about this investment product. What is Philam Life Money Tree? Offered by Philam Life, soon to be rebranded as AIA Philippines,[1] the Philam Life Money Tree is a variable unit-linked (VUL) product. This means that it has two components: the investment and the life insurance plan. The advantage of the Philam Life Money Tree over investment-only products, such as stocks and mutual funds, is that your chosen beneficiaries will receive death benefits plus the earnings of your investments. With this product, you’re hitting two birds with one stone: you save money for the future while making sure that you and your family are protected from life’s uncertainties. The Philam Life Money Tree is available at a minimum one-time payment of PHP 125,000….
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J&T Express Guide to Shipping and Tracking Packages in the Philippines
- By Adji Hendrawan
- August 4, 2021
The logistics market in the Philippines is seen to grow throughout and beyond the pandemic,[1] thanks to the surge in e-commerce transactions during the lockdown. Joining the logistics industry and competing with the likes of LBC Express and JRS Express is a new player in the logistics business: J&T Express. The courier service has already gained much attention in traditional and social media even if it was launched in the Philippines only in 2018. J&T Express is also a familiar brand among online sellers and buyers. If you often buy from Shopee, you likely have received some of your packages through this shipping service. Whether you need a courier for sending items to your customers or loved ones, J&T Express has got your shipping needs covered. Here’s a guide on J&T Express rates, delivery process, and other things you must know about this logistics provider. What is J&T Express? J&T Express is an e-commerce express delivery company that operates in the Philippines, Malaysia, Vietnam, Thailand, and Indonesia (where it was founded in 2015). Serving mostly small and medium enterprises (SMEs) and online businesses, this Southeast Asian logistics provider gives online sellers the option to ship packages using either J&T Express boxes or their own packaging. How J&T Express Works As a logistics provider, J&T Express works just like any courier service in the Philippines. However, what sets it apart from other delivery companies is its wide range of features that help ensure reliable, secure, and on-time deliveries. J&T Express Delivery Features Nationwide coverage with over 400 J&T Express branches and warehouses…
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18 Golden Rules for Starting a Small Business in the Philippines
- By Adji Hendrawan
- August 3, 2021
Many biz giants that make the products or services you’re consuming today started small. Apple and Google started in a garage. Jollibee was once a humble ice cream parlor before it became a food titan that acquired known brands like The Coffee Bean and Tea Leaf, Mang Inasal, and Burger King. Potato Corner, on the other hand, used to be a food cart business before it turned into an international franchise brand. Their stories are surely inspiring, but before they reached the glorious success they’re enjoying right now, the founders took the time to plan everything, observe trends, and take risks. They proved that there are definitely no shortcuts to great feats. So, if you want to start a venture that can potentially become the next big thing in the country (or in the world!), you may need to check out this guide. Here are some golden rules on how to start a small business in the Philippines. How to Start a Small Business in the Philippines: 18 Tips for Aspiring Entrepreneurs 1. Create a New Market or Benchmark Be innovative! You have two choices on what business you want to venture in. First, offer something that is not yet in the market. How can you make your business stand out? Think creatively and identify an innovative product or service that can satisfy the needs or provide a solution for your target customers. Second, benchmark successful businesses. Observe what they’re doing right and create something greater. You can also apply at PhilGEPS wherein you can have government agencies as clients….
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5 Essentials for Cryptocurrencies: Get Started Now
- By Moneymax
Editor’s note: This cryptocurrency basics guide, first published on Seedly,[1] was written by Saurav Bhatia, a Singapore-based banker who is into cryptocurrency investing. 🚨 Big Disclaimer: This is not investment advice. I’m not an investment advisor. These are my personal views and not those of my employer. This information on cryptocurrency basics is meant for educational purposes. Please do your own research before you decide to invest your hard-earned money. If you’re unsure, seek help from a professional financial advisor. If you’re reading this and haven’t signed up for my free 🔥 weekly newsletter on investment and crypto, join others by going to cryptoage.substack.com. Thank you. 🙏 Not everyone reading this article is expected to be a crypto enthusiast, so I will cover the cryptocurrency basics without getting technical. The two most common blockchain-based digital assets are Crypto Currency and Crypto Token. The biggest difference between the two is that cryptocurrencies have their own blockchains (e.g., Bitcoin, Ethereum, XRP), whereas crypto tokens are built on an existing blockchain (USDC, Uniswap). Really! As if I’m expected to understand what that means. The answer is No! For most practical purposes, people use them interchangeably. I’ll do the same in this article, so please don’t spam me as I don’t want to confuse the average reader (hopefully you). When I started off, I thought Bitcoin was the only cryptocurrency. Till I started hearings all sorts of different names (Uniswap, Polkadot, Kusama). The journey for crypto started with Bitcoin in 2009—the first and largest cryptocurrency. Since then, thousands of cryptocurrencies have launched, flourished, and…
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Save Early for Your Child with These Best Savings Accounts for Kids
- By Moneymax
- July 30, 2021
About 30.0% of the Philippine population in 2021 is 14 years old and younger.[1] This means almost one-third of the country’s population is dependent on adults and is yet to experience important milestones in their lives. That makes parents an essential aspect in guiding children as they go through a lot of life events—finishing school, getting a job, and building a family. One of the most important roles of parents is teaching their kids about money. Instilling in children the concepts of saving, earning, and investing is important in developing life skills they can use through adulthood. Opening a bank account for kids is a good idea to train them on handling and managing their money, like when they receive Christmas cash gifts from their ninongs and ninangs. It’s also a great way to boost their savings, which they can use for tuition or other expenses as they grow older. What You Need to Know When Opening a Savings Account for Kids Opening a bank account for minors in the Philippines is almost the same as opening one for adults, with a few exceptions such as the following: Parents Need to Open the Account with Their Kids You and your child should open the account together. If the account will be under your child’s name, you’ll be required to sign a waiver or any document signifying your awareness of the account opening. Some banks in the Philippines will ask you to open a joint account depending on the child’s age. You have control over the account, but you don’t have…
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Mommymax Speaks: Reminiscing My Fulfilling Journey with Moneymax
- By Moneymax
- July 27, 2021
Editor’s Note: Moneymax Co-General Manager Munmun Nath looks back on the highlights of her career and forward into the future with Moneymax in the Philippines. The article was originally published on Medium.[1] In 2017, I left my job as a Product Marketing Manager at IBM Philippines to join a small fintech start-up called Moneymax (which is part of Hyphen Group, known as CompareAsiaGroup back then) as its Head of Marketing. I had not heard of either brand, but a quick Google search revealed the news of a $50 M series B,[2] a roster of alumni from renowned companies like McKinsey and Visa, and the presence of a board made up of Goldman Sachs, Alibaba, IFC, etc. All these were reassuring enough. It’s been four years since then, and as Moneymax celebrates its 7th birthday this month, I decided to take a pause and reflect on my journey so far. Putting People at the Heart of What We Do When I joined Moneymax, I had lived in the Philippines for over two years. But because I’d been working in the technology space for the US market, I had only a high-level knowledge of the financial services industry here. Also, I had spent most of my career in B2B (business-to-business) marketing. I’m glad that our CEO Sam Allen, who hired me, took a chance on a person who was new—not only to the country but also to the industry, as well as B2C (business-to-consumer) marketing. Recognizing this, from day one, I jumped head-on into every opportunity I could get to understand our…
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7 Best Websites to Get Baby Essentials in the Philippines
- By Moneymax
- July 23, 2021
In a few months, the baby bump that keeps on surprising you with kicks and pops will finally be getting out of your womb. Although you’re scared at the thought of giving birth, you’re excited and happy that a new member of the family is coming. And you’re ready! You know how much it costs to raise a child in the Philippines. And you’ve already started with your ipon challenge to buy your baby essentials. But with stricter measures against the increased cases of the new COVID-19 variant,[1] it’s better to start looking for baby stores in the Philippines online where you can get newborn essentials safely. We’re joining you in this mommy milestone, so we’ve prepared this list of the best online baby shops where mommies can buy baby essentials without leaving home. Online Baby Store in the Philippines: 7 Best Options for Expecting Parents 1. Edamama If you’re looking for a baby store in the Philippines with the best deals for kids of all ages, then head to Edamama.[2] Built by mamas, aspiring mamas, and kids-at-heart, Edamama is a collective effort of a diverse group of individuals to help parents make better decisions. What You’ll Love About Edamama Edamama caters to mommies and kids of all ages. You’ll find products not just for pregnancy but also for newborn care and breastfeeding, as well as nursery and baby gear. Take advantage of rainy day sales and discounts of up to 35%. At Edamama, you don’t need to shop elsewhere for affordable baby diapers, toys, and other baby stuff. What…
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How Digital Banking Can Help You Today: Top Questions Answered by Experts
- By Ricky Publico
- July 8, 2021
Digital banking is not just a financial buzzword these days. Just ask the recent Visa Consumer Payment Attitudes study[1], which found that Filipino’s interest in digital banking services increased to 80% compared to last year’s 70%. But for some reason, some Filipinos are still confused about the entire concept. Got any digital banking questions that need answering? The recent Moneymax Digital Banking Forum “How Digital Banking Can Help You Today sought to answer those questions two weeks ago. It featured some of the country’s experts in the financial services industry: Moneymax Co-General Manager Pearl Gonzales, CIMB Bank Philippines CEO Vijay Manoharan, Tonik President and Country Head Maria Lourdes “Long” Pineda, and RCBC Executive Vice President and Chief Innovation and Inclusion Officer Lito Villanueva. If you missed it and you don’t have an hour to spare, don’t worry! We’re recapping the entire talk for you below. A Quick Background of the Digital Banking Apps in PH Host Antonette Aquino kicked things off with some fun questions that gave us a glimpse of how the digital banks in the Philippines started as mere ideas. Where did Tonik’s brand name come from? Aside from being the first neobank to secure a digital bank license in the Philippines[2], Tonik Digital Bank stands out as a hip banking app with a unique name. How exactly did they come up with the name “Tonik?” As you probably guessed, it was derived from the popular alcoholic drink. “When we were brainstorming our name, we were trying to find a name that will resonate and is easy to remember…
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11 Money Lessons from Financial Advisors in the Philippines
- By Adji Hendrawan
- July 7, 2021
With people looking for ways to manage their debts and invest their hard-earned money in worthwhile places, you can always look to these financial advisors in the Philippines for advice. Learn important money lessons from the experts and take control of your finances. Money Lessons from the Top Financial Advisors in the Philippines From saving money, budgeting, and earning extra income to managing debts and achieving financial freedom, these financial advisors in the Philippines have lots of financial wisdom to share. Quotes About Budgeting, Saving, and Money Goals 1. “Be open. Explore. Focus on ways of creating multiple income streams… one by one.” – Omeng Tawid, financial blogger and speaker at Smart Pinoy Investor[1] Everything is so expensive these days. Even if you have a stable income, there’s not a lot of money left after paying off the bills. Sometimes, you even have a negative balance. This is why you need a side hustle to create multiple income streams and help you meet your financial goals. Aside from your monthly salary, you can also earn through profits from your small business, the interests of your savings accounts, or the dividends of your investments. If you have properties, you can also earn from rental income or capital gains. For the creatives, you can also earn from royalties or from the internet when you create and post your own content. Read more: 15 Financial Quotes to Live By 2. “Every piso counts. When you have this sense of value to every piso that you earn, you become better at spending it.” –…
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Newborn Checklist in the Philippines: Are You Financially Prepared to Get Pregnant?
- By Moneymax
- July 2, 2021
A baby is always a blessing. But what if you’re not financially prepared to cover pregnancy and child-rearing costs? Given the rise in teenage pregnancy and the stricter implementation of health protocols, is it advisable to have a baby during a pandemic? Learn more about the newborn checklist in the Philippines. Know the things you need to prepare before giving birth and find out the cost of having a baby in the Philippines as well. OB-Gyne Check-up Cost Before Pregnancy Approximate cost: ₱5,000 (depends on your potential health risks and frequency of doctor visits) Pre-pregnancy involves a few visits to the doctor. This will help identify medical issues that could affect your pregnancy so that you can take precautions and avoid complications. The doctor will ask about your pregnancy history (if any), medical history, current health issues, diet, lifestyle, and medications or supplements you’re taking. During these consultations, you can also ask about staying safe during the pandemic and even share your mental health concerns. These pre-pregnancy consultations are not mandatory except for women 35 years and older who have the following conditions: Underweight or overweight High blood pressure, or heart or kidney disease Sexually transmitted infection Chronic conditions, like diabetes, lupus, or HIV/AIDS At the risk of having a child with birth defects or a genetic disorder Have a history of miscarriages, stillbirths, or premature births Read more: Signs You’re Financially Ready for a Baby Newborn Checklist in the Philippines 2022 (Plus Costs During Pregnancy) The total cost during pregnancy and a baby’s first year ranges from ₱108,300 to…
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Be Productive During Lockdown and Learn These New Skills
- By Adji Hendrawan
- June 30, 2021
With the extra time saved not traveling to work and not going anywhere on weekends, you can learn new skills that are profitable and in demand. And if you get really good at it, you can do it as a side hustle or even as a full-time job. If you’re employed, it can also boost your chances of getting that well-deserved raise or promotion. Ready to learn new skills, especially money-making ones? Check out this list of the best skills to learn to make money, as well as the essential soft skills you should have to land that new client or job. Best Skills to Learn to Make Money There are many skills that make money, but not all of them will hold your interest for a long time or be as profitable as people claim. If you want to learn new skills to earn more and give you more career opportunities in the future, make sure it’s a mix of hard and soft skills. You can acquire hard skills (also called technical skills) through education, practice, and repetition, while soft skills are behavioral and related to personality.[1] Stay productive during the lockdown and boost your income flow with these highly profitable skills. 1. Digital Marketing In this era of digital transformation, digital marketing skills are essential for businesses. This is why it’s one of the best money making skills you can learn if you want to boost your income and improve your cash flow. Digital marketing is the act of promoting and selling products and services by leveraging online…
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LYKA App: What is It and How Does It Work?
- By Moneymax
- June 24, 2021
Note: The payment operations of LYKA are suspended following an order from the Bangko Sentral ng Pilipinas (BSP) issued on July 23, 2021. The BSP requires the company to register as an operator of payment system (OPS) and reminds the public to deal only with BSP-registered OPS. This means you can transact with LYKA only when it has complied with the BSP’s requirement. According to the Digital 2020 Global Overview Report, internet users in the Philippines spend an average of 9 hours and 45 minutes per day online.[1] And as internet lovers, Filipinos just keep discovering new social media trends and platforms. In recent years, Pinoys have discovered the delights of new social apps like Kumu and TikTok, especially how to earn money on TikTok. But what has captured the attention of many this year is the LYKA app. Many observers and social media pundits believe that the app’s boom this year started when YouTube star Ivana Alawi vlogged about how she was able to buy her mom a new Ford car using the rewards she earned on LYKA. Intriguing, right? Learn more about the LYKA app and how it works in this article. Read more: This YouTuber Shares Tips on Starting a Vlog and Creating Content People Will Love Ready to Start Earning More? Here’s How to Earn Money on YouTube This 2022 What is LYKA? LYKA is a free social media platform that allows users to discover new material, share interests, and connect with friends. However, what makes it stand out from its competition is its rewards system. …
