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GCash down, assures customers funds 'safe, secure'

<p><strong>SECURE FUNDS.</strong> A man uses his mobile phone while having coffee outside a coffee shop on Scout Limbaga Street, Barangay Sacred Heart, Quezon City on Dec. 29, 2021. Digital payments app Gcash assured its customers that their funds are "safe and secure" following the temporary downtime on May 9, 2023. <em>(PNA photo by Robert Oswald P. Alfiler)</em></p>

SECURE FUNDS. A man uses his mobile phone while having coffee outside a coffee shop on Scout Limbaga Street, Barangay Sacred Heart, Quezon City on Dec. 29, 2021. Digital payments app Gcash assured its customers that their funds are "safe and secure" following the temporary downtime on May 9, 2023. (PNA photo by Robert Oswald P. Alfiler)

MANILA – Digital payment app GCash on Tuesday assured its customers that funds are "safe and secure" following a temporary downtime.

In a statement, GCash said any deduction from accounts will be adjusted before 3 p.m.

"We extended our scheduled maintenance to investigate and determined that no hacking occurred," the statement read. "We wish to further assure customers that their funds remain safe and secure. We would also like to remind customers never to share their OTP (one-time password) and MPIN (mobile personal identification number)."

OTP is automatically generated and sent to the account holder’s registered mobile number while MPIN is the numeric password to access the account from the app.

Some GCash users posted on social media about difficulty accessing the app or deduction from their account.

GCash, which has over 79 million registered users, is a wholly-owned subsidiary of Mynt, a partnership among Globe Telecom, the Ayala Corporation and Ant Financial. (PNA)

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