The unauthorized deductions in GCash users' account balances have raised concerns on whether or not the use of e-wallets is safe for Filipinos who have gotten used to transacting via these financial platforms, especially during the pandemic when people were forced to stay home and do many tasks digitally. Users of the e-wallet backed by Globe Telecom Inc. on Tuesday reported the losses through several social media posts. The company later the same day said there was no hacking that happened and that the account balances of affected users had been restored, assuring its 81 million subscribers that their money remained safe in the app.

https://cebudailynews.inquirer.net/503776/confidence-in-e-wallet-safety-is-put-to-the-test

#inquirer