Send Money w/ Gcash Thru Friendster

Globe and TM subscribers can now send money to each other on Friendster using GCASH. Turn your mobile phone into a virtual wallet with GCASH and send money remittance, pay bills, and to pay for a variety of products and services. To get started, simply register your mobile number with Friendster.

What is GCASH? A related GCASH entry here.

Friendster says… GCASH is Globe Telecom’s mobile commerce service that turns your mobile phone into a virtual wallet. With GCASH, both Globe and TM subscribers can send money to other Globe and TM subscribers via text messages. GCASH can be used to send money remittance, to pay bills, and to pay for a variety of products and services.

How to use gcash on Friendster?

• First, register your Globe mobile number on Friendster by texting REG
  to 2276.
• Visit your home page. You’ll now see a “Send GCASH” link under “My Tools” (you must be logged into Friendster to see this).
• Click on “Send GCASH” and you’ll see a list of friends that also have enabled GCASH on Friendster. Click on the friend you’d like to send GCASH to, enter the amount and click “Send”.
• You can also send GCASH to any GCASH-enabled Globe or TM number. Click the Globe / TM number tab, enter the mobile number, enter the amount and click “Send”.
• You’ll be asked to confirm the transaction with your 4-digit MPIN. Just follow the instructions you see on Friendster, and your friend will receive GCASH from you!

What's great with this G-Cash inside Friendster is that trade or online exchange could happen. Thereby boosting online commerce in the Philippines. There is a 2.50 peso charge for every trasfer or transaction processed by Friendster-Gcash.

What's not good about having a money transfer scheme inside Friendster, I am expecting the possibility of more "give-me-load, I'll do a private web-show" modus operandi in there.

BTW, I have gcash account, I have friendster account and I have a webcam. Just saying. =)