Swarmio Media Integrates GCash To Ember Gaming Platform

Swarmio Media (CSE: SWRM) is strengthening its current product offering in the Philippines, via the integration of a cashless mobile banking system. The integration is intended to make conducting purchases on the Ember Gaming Platform easier, and more convenient, for consumers.

Swarmio has partnered with GCash, which has now been fully integrated into the Ember platform. GCash is said to be the dominant cashless mobile banking system within the Philippines, with its userbase averaging 60 million users in 2022, which amounts to roughly 83% of the adult population within the country.

READ: Swarmio Reports Average Monthly User Spend Of US$53.50 On Ember Platform

With the integration now complete, users on the Ember platform will be able to purchase unique digital content and products through the integrated online store via the use of the digital wallet. Such wallets are said to be the leading method of payment in Asia, with 68.5% of all online purchases in the region conducted via a digital wallet. Conveniently, they are also the preferred method of payment for game publishers.

“This is a very significant milestone for Swarmio. Giving gamers alternative payment channels to choose from is extremely important in markets such as APAC, where many gamers do not readily have access to a credit card or bank account. We expect that this integration will facilitate many new and recurring transactions within the Ember platform,” commented Vinicius Esteves, SVP of Fintech for Swarmio.

READ: Swarmio Media Enters Fresh Collaboration With Tencent Games, Globe Telecom

GCash is owned and operated by Mynt, which is a subsidiary of Globe Telecom, whom is the strategic telco distribution partner for Swarmio in the Philippines. Swarmio and Globe jointly rolled out the Philippines version of the Ember platform, referred to as Globe Gamer Grounds, in April 2022 to 85 million consumers.

Swarmio Media last traded at $0.08 on the CSE.


FULL DISCLOSURE: Swarmio Media is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover Swarmio Media on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. We may buy or sell securities in the company at any time. Always do additional research and consult a professional before purchasing a security.

Leave a Reply

Video Articles

Endeavour Mining Q1 Earnings: Cash Flow Is King

G Mining Oko West Feasibility: Move Fast, Break.. Nothing?

New Gold Q1 Earnings: What’s Behind The Market’s Surprising Reaction?

Recommended

Giant Mining Encounters Native Copper As Hole MHB-34 Hits 563 Metres Depth

Verses Hits Commercialization Stage With Genius AI Platform

Related News

Swarmio Media Launches Global Payments Platform For Gaming Community

Swarmio Media Holdings (CSE: SWRM) continues to launch portions of its full-service online gaming platform....

Wednesday, January 19, 2022, 08:03:21 AM

SPECIAL EDITION: Swarmio Media & Globe Telecom Launch The Ember Gaming Platform In The Philippines

Today in lieu of a Daily Dive episode, we are instead launching a Deep Dive...

Thursday, May 5, 2022, 01:30:00 PM

Swarmio: Ember Gaming Platform Walkthrough

Joining us today is Aseef Khan, VP for Gaming and Esports at Swarmio Media (CSE:...

Thursday, June 23, 2022, 01:30:00 PM

Swarmio Partners With PUBG Mobile To Push Globe Telecom’s Gaming Platform

Swarmio Media (CSE: SWRM) continues to build on its relationship with the largest telecom provider...

Thursday, September 22, 2022, 08:35:35 AM

The Future Of Gaming In The Developing World

Joining SmallCapSteve this afternoon is Vijai Karthigesu, Founder & CEO of Swarmio Media (CSE: SWRM)....

Tuesday, September 20, 2022, 01:30:00 PM