Filipinos who don't have their own bank account may have to feel jealous and envy over the millennial generation who are using their own mobile devices to perform their own transactions such as online purchases, digital media subscriptions, reloading, bills payment and more. However, unbanked Filipinos can have the opportunity to do what the millennials can, and the good thing is that they don't need to open their own bank account to experience what it takes to become a tech-savvy millennial.
All they need to do is to buy a mobile device, particularly a more affordable smartphone or tablet or even a feature phone, and open your own mobile wallet. It may be the likes of Globe GCASH, Paymaya or Coins.ph if you feel like you need to earn your own online money. These online wallets which have existed since the beginning of the new millennium literally change the game in their own right and are contributing well to what is considered as the digital economy in the Philippines. With more Filipinos starting to embrace the evolution of technology, it is fair to say that more are slated to make their own ways on how to improve their own life, and these mobile wallets are possibly the best ways that can make them live at par with today's modern standards.
Mobile wallets have various similarities when it comes to features and benefits such as loading, bill payments and cash-in transactions. But the big difference between them is the process of withdrawing hard-earned cash. Paymaya users may need to upgrade their account while those who have opened a Coins.ph account need to verify using a valid ID and a selfie just to cash-out their earnings, while GCASH users don't need any requirements or standards which is considered in my case as the best wallet when it comes to cash-outs. Still, it is up to the mobile wallet user on how they are going to earn more than what they have earned from odd jobs.
Digital wallets may benefit the future of young Filipinos who are optimistic of what they can expect in the coming years, and it is assured that they will exert more efforts in improving their own way of life in today's modern world.
