A partnership between GXI (G-Xchange, Inc.) and RNet (Rural Net, Inc.) gives birth to CashKo, the ATM designed for rural banks and cooperatives.
Eulogio Castillo (Administrator, Cooperative Development Authority), former Senator Butz Aquino, Franchetta C. Cardona (Marketing Director, G-Xchange, Inc.), Paolo J. Baltao (President, G-Xchange, Inc.), Daniel R. Arcenas (CEO, RNet, Inc.), Don Alair (Sales Director, G-Xchange, Inc.), Renia C. Salinas (CEO, Victo National), Atty, Edward Leandro Garcia (Chairman, Rural Bankers Foundation).
CashKo is the mobile money platform designed as a secured ecosystem among RNet’s partners and clientele consisting of rural banks and cooperatives (including their branches), and acquired merchants and billers (as well as their clients and members).
CashKo has a 3-in-1 feature – delivering to rural banks and cooperative industries’ affordable mobile phone and Internet banking with ATM functionality all powered by Globe GCash.
RNet President Daniel Arcenas
“CashKo will enable these rural banks and cooperatives industries to leapfrog and be at par with the best and biggest banks at minimal entry cost and monthly cost, and provide their clients, members and communities with modern financial services technology,” said RNet President Daniel Arcenas.
With CashKo, business will have a way to reach untapped groups and companies in the rural areas.
RNet is a Cebu-based IT company. GXI is a wholly-owned subsidiary of Globe Telecom that operates GCash. For more information, visit the RNet and GCash websites.
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