Wednesday, February 24, 2016

Hottest Deals of Lazada's Mobile Power Sale


Hottest Deals of Lazada's Mobile Power Sale

With today's technology, not only is your smartphone a device which lets you communicate with friends and loved ones. It has become our gaming console, our photo album, our bank and our very own shopping mall. In the Philippines where the number mobile phones exceeds the country's population, it is no surprise that the mobile commerce revolution has already started.

In celebration of Lazada's capability to bring every Filipino an effortless shopping experience through their smartphones, Lazada will hold a 4-day Mobile Power Sale from February 25 to 28. Throughout the sale, Lazada's best deals and flash sale products will be concentrated on the mobile app. Mark your calendars because one of the products below will surely get you excited for the upcoming sale!

Get in touch with your techie side

Discounts on your basic tech needs will be huge during the sale. On February 27 at 9PM, the sleek Infinix 10,400 mAh Power Bank will be on sale from P750 to P499! Aside from allowing you to charge two devices at a time, it also comes with an LED torch which comes in handy in dark places.
Looking to enhance your viewing experience? The 32-inch Ace LED TV might be right for you. On February 25 at 12NN, this super slim LED TV could be yours for only P6,999 from its current selling price of P7,999! If that's not enough, pair it with a 1TB ADATA External Hard Drive and store tons of movies and TV series which you can enjoy later with your brand new TV. Ensuring a fast transfer with its SuperSpeed USB 3.0, it's also shockproof to ensure your treasured files are safe. It will be on sale for only P2,699 throughout the 4-day sale, a huge drop from its SRP of P4,399!
In no time, it will be summer and before you now it, you're off to your next adventure. Make sure you capture every moment of your adventure with the Xiaomi Yi Waterproof Action Camera. This affordable 16MP action camera will be available for only P3,799 from its current selling price of P3,999.
 
Bargains for fashion staples

Bags, watches and sunglasses? We've got you covered. From it's current price of P2,571, Lazada will be having a Michael Kors sunglasses for only P1,999. This deal will be available through a flash sale on Feb. 27 at 9AM so make sure you wake up early because a lot of other people will be looking to purchase this awesome pair of shades.
The Jewelmine Mcqueen Victoria Bag will also be discounted from P790 to P550. With a spacious interior and a very elegant design, this bag can serve you for all occasions! Lastly, for guys looking for a chic digital watch, the Casio Digital Stainless Steel Strap Watch will be on sale for only P1,399.

Keeping up with your lifestyle 

Do you love staying outdoors? The well-regarded XiX X8 Montain Bike which usually costs P10,800 will be available for a very low price of P7,399! Get ready because this mountain bike is ready to give you that awesome rough road experience!
If you're someone who loves camping or just someone who randomly takes on adventures, then the  Racini Mountaineering Backpack is for you! 33% will be slashed from its selling price of P1,200. This rad-looking backpack will be yours for only P799 during the 4-day Mobile Power Sale.
For those who love to stay indoors, you will enjoy cooking more with the Ikea Annons Cookware 5-piece Set. Made from stainless steel and with glass lids, you'll be glad to know that this kitchen must-have will only cost P699 if you buy it from your Lazada mobile app. And while you're cooking your favorite dishes, make sure you cook enough rice for the family with the Matrix MX-RC3500 1.8L Rice Cooker. With a capacity of up to 10 cups, you can even invite guests to try out your best dish without worrying if you have enough rice to go along with it. The Matrix rice cooker will only cost P599 during the Mobile Power Sale.
There's a whole lot more deals available!

Yes that's right! The ones you've read are just some of the Mobile Power Sale's great bargains. Make sure you download the Lazada Mobile App because there will be a lot of awesome deals which are exclusively available through it. Again, the Mobile Power Sale is a 4-day treat beginning on February 25 until the 28th. With payday coming very soon, you can enjoy most of Lazada's deals through the Cash on Delivery option!

Saturday, February 20, 2016

Check Image Clearing System (CICS) of Philippines Clearing House Corporation


Good news for Philippine banking customers,  payments for check deposits will soon be
faster and more secure.

 It will also take a shorter time to find out if the check is funded  or not thanks to the New Check Image Clearing System (CICS),

Starting middle of 2016 the banking industry through the Philippine Clearing House Corporation  (PCHC) will implement the Check Image Clearing System or CICS to speed up the processing of the check.

How?  with CICS clearing and payment of the check will be based on the electronic or digital copy of the check.

The new system will allow banking customers to enjoy faster crediting  of funds to the customer's account and quicker feedback if check is funded or not regardless  of the location of the paying Bank Branch. All this at no additional cost to the customer.

The CICS will eliminate delays caused by heavy traffic, airport delays and other natural disasters like typhoons and earthquakes.

The check clearing cycle is shorter.

The new system also enables banks to extend cutoff time for receiving check deposits.


To implement CICS the design and physical appearance of checks should be good enough to produce clear images.

All the necessary information including handwritten or machine printed details should be readable when captured as images.

Banks will issue new check books which have standard design and specification.

 All checks shall continue to be accepted until they are phased out or until the cut-off  date for non-acceptance is set.

The Philippine Clearing House Corporation will announce the deadline.
New security features are embedded on the check to mitigate fraud and possible  duplication.

A statement will be printed on the check to authorize its electronic presentation

Customers will be advice to write checks with a dark-colored Ink preferably blue or black.

A very important change in preparation for CICS is the policy on erasures and alteration

Effective January 4, 2016 the following will render the check unacceptable for clearing

   1. Any form of erasure or alteration on the face of the check even if it has been countersigned,
   2.  Incomplete information on the check, necessary information should include the
               a. date
               b. payee
               c. amount in figures
               d. amount in words 
               e. signature/signatures

 These will help protect customers and Banks as a significant number of frauds on check payments are done through unauthorized erasures or alteration.

In this digital age where most corporate and personal banking transaction are moving towards electronic processing the check image clearing system is a move in the right direction and  will
ensure efficiency, security and faster credit of funds benefiting the customers .

The Check Image Clearing System was made possible by the joint initiative of the banking industry through the Philippine Clearing House Corporation with the support of the Bangko Sentral ng Pilipinas.

 For more information about check image clearing system you may visit  http://www.pchc.com.ph