Hands-Free, Hassle-Free: Huawei, GCash Bring First-Ever Wearable Payment Innovation to the Philippines

With more Filipinos seeking faster and more convenient ways to pay, GCash continues to innovate in simplifying everyday transactions through its partnership with Huawei—introducing Watch Pay, the first-ever wearable payment innovation in the Philippines. Through this new way of paying, users can make secure, hands-free payments directly from their wrist, offering a seamless way to pay

 

“As digital payment solutions become increasingly essential, GCash Watch Pay eliminates the need to pull out a phone or wallet during purchases.  Users can link their GCash account to a compatible Huawei smartwatch and generate a QR code directly from the device,” said Ren-Ren Reyes, president and CEO of GCash mobile wallet operator G-Xchange, Inc.

 

The GCash QR code in the Huawei smartwatch can then be scanned by any merchant with a scanning point-of-sale system, completing the transaction instantly and securely.

 

This feature is designed for those who are always on the move, whether during a workout, commute, or errands, when reaching for a phone or wallet might not be convenient. By bringing payments to a wearable device, GCash, together with Huawei, is responding to the growing need for simple and secure payment options in today’s fast-paced, mobile-centric world.

 

Moreover, this partnership with Huawei reinforces GCash’s commitment to enhancing digital payment convenience, with a focus on compatibility and security. Recently, GCash Payment Innovations Head Dani Gil Librojo also joined the Huawei Developer Conference in Dongguan, China, as the two companies further highlight their collaboration, with QR payments now available for 7 million Huawei Smartwatch users in the Philippines.

 

Watch Pay is currently available for Huawei smartwatches and is compatible with select merchants using Business Scan Consumer technology. This marks an important step in expanding wearable payment solutions for users seeking efficiency and security in their transactions.

 

For a complete list of all Watch Pay compatible devices, visit this website: https://help.gcash.com/hc/en-us/articles/39714168606105-GCash-Watch-Pay

San Miguel kickstarts Oktoberfest with Instant GCash Panalo promo

It’s that time of the year again for the most-awaited and exciting beer festival in the country – San Miguel Oktoberfest! This year, San Miguel is giving away up to P100 million in prizes via the new Instant GCashPanalo Under-the-Crown Promo. Beer lovers can win GCash rewards of up to P5,000 simply by buying participating San Miguel Beers from September 1 - December 31, 2021.

You can join in on the fun if you’re 18 years old and above. Simply buy any participating San Miguel Beer, look for the 8-digit alphanumeric code under the crown or beer cap and scan the promo QR code in stores or San Miguel Oktoberfest Facebook page.

From there, you’ll be directed to the GCash app page, where you just need to enter your mobile number, promo code, and the CAPTCHA code and you can claim your GCash reward. It’s safe, easy, and convenient! Just make sure your GCash account is fully verified.

 The best part is that this promo has no redemption limit so you can collect as many crowns as you want and try your luck as often as you want for a chance to win more rewards.

The following San Miguel Beers are part of this promo: San Miguel Pale Pilsen 320ml and 1000ml, Red Horse Beer 330ml, 500ml and 1000ml, San Mig Light 330ml, San Miguel Flavored Beer Apple 330ml, San Miguel Flavored Beer Lemon 330ml, San Miguel Flavored Beer Lychee 330ml, San Mig Zero 330ml or Gold Eagle Beer 320ml and 1000 ml. This promo is available in areas where allowed.

Don’t throw away those crowns. Stop, look, and get ready to join thousands of drinkers who have already won prizes by simply looking under the crowns of their favorite San Miguel Beers.

Not yet on GCash? Simply download the GCash app for free on Google Play for Android, Apple Store for iPhone and iPad users, or Huawei Gallery.

For more information, visit www.gcash.com or the San Miguel Oktoberfest Facebook page: https://m.facebook.com/SanMiguelOktoberfest/.

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About GCash

GCash (G-Xchange, Inc.) is the #1 Financial App in the Philippines. Through the GCash App, customers can easily purchase prepaid airtime; pay bills at over 600 partner billers nationwide; send and receive money anywhere in the Philippines, even to other bank accounts; purchase from over 2.5M partner merchants and social sellers; and get access to savings, credit, insurance and invest money all at the convenience of their smartphones. GCash is a wholly-owned subsidiary of Mynt (Globe Fintech Innovations, Inc.) since 2015.

GCash was recognized by The Asian Banker (TAB) in 2021 for its outstanding digital financial inclusion programs impacting more than 46 million Filipinos in the country today.

GCash and Generika Drugstore offer Cashless Payment for Medicine

Drugstores have become increasingly vital for public health amid the pandemic. As an essential service, they must pivot to continue to supply the growing medical needs of the consumers in a safe manner.

To help meet this need during the pandemic, GCash, the country’s leading mobile wallet app, has partnered with Generika Drugstore, one of the most innovative drugstores in the country, and a member of the AC Health Group, to provide safer and more convenient ways to pay and process transactions. 

Now, customers and frontliners can safely pay in Generika Drugstore branches using the GCash QR or cash-in to their GCash wallets. They can also transact conveniently on Generika’s e-store using GCash Online Payment. 

 

“GCash and Generika Drugstore both aim to provide solutions to make Filipino lives better every day. With this partnership, we are giving broader access to quality, affordable medicine to more Filipinos, which is vital during these trying times,” said Martha Sazon, GCash President and Chief Executive Officer

Through this partnership, GCash Scan to Pay will now be made available in 435 Generika Drugstores nationwide, so customers can easily pay through scanning Generika’s GCash QR code. GCash Cash-in acceptance will also be rolled out in select branches nationwide. 

GCash users can look forward to shopping for over-the-counter medicines and other essential items via GLife, the e-commerce feature on the GCash app, soon. There’s also a GCash payment option on the Generika Drugstore App, which can be downloaded on Google Play for Android and App Store for iPhone and iPad users. 

"This partnership is even more timely and meaningful as Generika Drugstore celebrates its 18th Anniversary. This year, we are working towards the digitization of our stores to ensure that we continue to expand access to quality and affordable medicines and healthcare essentials that the Filipino family deservesOur partnership with GCash enhances our ability to deliver this mission,” said Atty. Yet Abarca, Generika Drugstore President and CEO.

Other than the safety of its customers, part of Generika's priority is the health and safety of its employees. GCash serves as a safe and fast facility for the reimbursements of the Generika employees.

Not yet on GCash? Simply download the GCash app for free on Google Play for Android, Apple Store for iPhone and iPad users, or Huawei Gallery.

For more information, visit www.gcash.com.

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About GCash

GCash (G-Xchange, Inc.) is the #1 Financial App in the Philippines. Through the GCash App, customers can easily purchase prepaid airtime; pay bills at over 600 partner billers nationwide; send and receive money anywhere in the Philippines, even to other bank accounts; purchase from over 2.5M partner merchants and social sellers; and get access to savings, credit, insurance and invest money all at the convenience of their smartphones. GCash is a wholly-owned subsidiary of Mynt (Globe Fintech Innovations, Inc.) since 2015.

GCash is a wholly-owned subsidiary of Mynt (Globe Fintech Innovations, Inc.) since 2015.

GCash was recognized by The Asian Banker (TAB) in 2021 for its outstanding digital financial inclusion programs impacting more than 46 million Filipinos in the country today.

GCash Advances Cashless Ecosystem and Financial Literacy in the BPO Sector

GCash, the country's leading mobile wallet app, is working toward building a cashless ecosystem for the business process outsourcing (BPO) sector, considered the biggest private employer in the country, by introducing a suite of products and services to fit the needs of BPO companies and employees. The company has partnered with several top BPO companies which are now using GCash’s digital finance solutions, while promoting financial literacy among thousands of BPO employees.

In a webinar organized by GCash called, "GShift: Advancing Digital Financial Solutions for BPOs,” Martha Sazon, GCash president and chief executive officer, said, “Our purpose is to 'Make Filipinos' Everyday Lives Better.' To accomplish this, we provide safe and seamless solutions to various companies like BPOs, while striving to help even more BPOs through a cashless ecosystem and financial literacy.”

BPO companies, like Ibex Philippines Global, are reaping the benefits of their partnership with GCash. According to Potski Alvarez, Ibex Global Philippines' country manager, "One of the things that I was very happy with was how we were able to pay incentives, spiffs, and rewards to our employees in real time. Instead of having to go through payroll and wait 15 days, you get your money within the day, and that has been one of the more practical digital solutions of our partnership with GCash."

During the webinar, Kim Pineda, GCash assistant vice president and head of BPO enterprise, presented the suite of digital financial solutions and programs to support the BPOs' drive for digital innovation and achieve GCash's vision for financial inclusion for all Filipinos.

For disbursements, the GCash PowerPay+ allows the company to disburse incentives, allowances, reimbursements, cash advances, and salaries in real time, and with easy access through the app, anytime, anywhere. To further encourage a cashless ecosystem in the office, merchants within the BPO company can accept payments from employees using the app's QR code through GCash's Cashless Cafeteria Program for BPOs.

GCash also continues to champion financial literacy as it empowers BPO employees to take control of their money through the app's other services. Aside from the everyday transactions and payments such as buying load, paying bills, and sending money, BPO employees and other consumers can shop on GLife or grow their money through the app's financial services such as GSave, GInvest, GInsure, and GCredit.

During the virtual roundtable discussion, Rowena Belmonte, Teleperformance's administrative services manager, noted that partnering with GCash has not only kept her and her colleagues safe, but it has also allowed her to take advantage of the app's many useful features. "For me, personally, I don't have to go to the bank or payment centers and line up to pay for my utilities and other bills. I have also recently enjoyed GInvest and GSave, and of course, GCash's online shopping features!"

Likewise, for Dan Lester Guevarra, Concentrix Philippines' senior project manager, aside from using GCash for online shopping, he has also started investing through the app: "I've also recently discovered GInvest, which I really enjoy. I've invested some money there and I've gotten some profit out of it -- definitely better than just putting it in the bank and incur interests."

Joining GCash during the webinar were partners from the BPO industry including Ibex Global Philippines' country manager Potski Alvarez, Ibex Global Philippines' senior vice president for Business Development Eric Kaufman, and Concentrix Philippines' vice president for People Solutions, Hazel Bañas. GCash VP and Enterprise Head Luigi Reyes also graced the event.

For more information on how to turn your BPO into a safe and efficient workplace with GCash, visit https://www.gcash.com/business.

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About GCash

GCash is the leading mobile wallet in the Philippines. Through the GCash app, customers can easily buy load; pay bills at over 600 partner billers in the app; pay at more than 7,000 online partners; send and receive money anywhere in the Philippines; pay using QR codes at over 130,000 partner merchants nationwide; save money while earning interest; and invest money at local and global funds -- all through the convenience of their smartphones.

GCash is part of the portfolio companies of 917Ventures, the largest corporate incubator in the Philippines wholly-owned by Globe Telecom, Inc. GCash was recognized by The Asian Banker (TAB) in 2021 for its outstanding digital financial inclusion programs impacting more than 40 million Filipinos in the country today.

G pa rin sa Buhay Ngayong Lockdown Kasama ang GCash

Maraming pagsubok ang hinaharap natin ngayong pandemya pero kung papanatilihin natin ang pagtutulungan at positibong pananaw sa kabila ng lahat, unti-unti ay makakabangon ang bawat Pilipino. At dahil prayoridad natin na masiguro ang kaligtasan at kalusugan ng bawat isa, patuloy nating sundin ang health protocols tulad ng social distancing sa tuwing lalabas tayo ng ating mga bahay at higit sa lahat, ang mabakunahan sa lalong madaling panahon bilang matibay na proteksiyon laban sa COVID-19.

Sa kabila ng lockdown, tuloy pa rin ang buhay at responsibilidad natin tulad ng pagbabayad ng bills, pagbili ng groceries at essential products at siyempre, mahalaga rin na maglaan tayo ng oras para sa ating sarili at mga mahal sa buhay at huwag nating kalimutang magbigay tulong sa mga nangangailangan ngayong pandemya.
Sa tulong ng ligtas at mabilis na transaksiyon at serbisyong hatid ng GCash, narito ang ilan sa mga paraan upang mapanatiling ligtas iwas stress ang iyong pang araw-araw na buhay gamit ang GCash app.

I-organisa ang bawat araw na gawain. Mahalaga na masiguro natin na maayos at nababayaran natin ang ating mga bills para maiwasan ang anumang problema sa subscriptions o disconnection service sa cable services, insurance premiums, o tubig at kuryente, Ngayong ECQ, G pa rin magbayad ng bills gamit ang GCash Pay Bills. Higit sa lahat, ligtas mong magagawa ang iyong #adultinglife dahil pwede kang magbayad gamit lamang ang iyong mobile phone habang nasa bahay o saan man. Mayroong higit 600 partner billers nationwide para G na G kang makakabayad ng bills mapa-utilities, insurance, telco, o school fees! Pwede ka ring magbayad gamit ang iyong GCredit at i-scan ang Pay Bill QR Code para G maitawid ang araw araw!

Sagot na rin ng GCash ang cravings at pag-stock mo ng essentials ngayong quarantine gamit ang GLIfe kung saan pwede kang mag-order ng groceries, pagkain, gadgets, at iba pa. Pindutin lamang ang “GLife'' icon sa GCash app at mag-order sa partner merchants ng GCash. Kung mahilig ka sa milktea tulad ng nakararami, pwede kang makakuha ng 20% sa iyong order sa Tokyo Bubble Tea mula August 10-24 at higit sa lahat, kung first time user ka ng GCash at nag-order ka sa Lazada, libre na ang iyong shipping at may P30 off ka pa kapag binayaran mo ang iyong order gamit ang iyong GCash wallet!

Chillax at manatiling konektado. Gamit ang Buy Load feature ng GCash app, hindi mo kailangan pang lumabas para magpa-load sa iyong prepaid SIM. G na G ka nang magpa-load ng prepaid combo load tulad ng GO50 For Students kung saan mayroon kang 1GB load para sa school apps tulad Zoom, 1GB WiFi access, at unli text hanggang 3 days. At hindi lang ‘yan, pwede ka ring makakuha ng P10 discount voucher sa kahit anong Telco network or P20 discount voucher sa Globe Products at TM Promos mula August 1-31. At kung kailangan ng iyong pamilya o kaibigan ng prepaid credits, G na G ang pagpasa ng load gamit ang Share-A-Load, siguraduhin lamang ang iyong PIN para sa ligtas at mabilis na transaksiyon.

Hindi rin natin dapat kalimutang mag-relax at ipahinga ang ating isip para maiwasan ang anumang stress ngayong pandemiya. Pwedeng pwede kang maglaro sa GCash! Pindutin lamang ang “Goama Games” sa dashboard ng app at mamili ng laro o tournament na 24 hours mong pwedeng ma-enjoy. Pwede ka ring sumali sa mga team tuwing paid tournament at manalo ng mga pa-premyo galing GCash.

Tumulong sa nangangailangan. Isa ang GCash for Good sa halimbawa ng bayanihan at pagkakapit-bisig ng mga Pilipino lalo sa panahon ng mga pagsubok at sakuna. Layunin ng GCash for Good na padaliin ang pag-abot ng tulong at donasyon sa mga charities at indigenous group gamit lamang ang GCash app. Kaisa rin ng GCash for Good ang ilang non-government organizations (NGOs) na mayroong magandang layunin at advocacy sa edukasyon, kalikasan, kalusugan, animal welfare, people empowerment at marami pang iba.

G na G din ang pagpapadala ng pera sa iyong kapamilya dahil libre lang ito gamit ang GCash app. Kung nais mo namang magbigay ng good vibes sa iyong mahal sa buhay ngayong ECQ, pindutin lamang ang Send with a Clip sa app at pwede kang mag-send ng pictures para maparamdam ang iyong pagmamahal sa kanila kahit magkakalayo tayo ngayong quarantine.

Maging handa at ligtas. Gamit ang GInsure sa GCash app at sa halagang P39 kada-buwan para sa health insurance package na hatid nito, abot kaya mo nang mapanatling ligtas ang iyong pamilya lalo sa panahon ngayon. Para mapanitili ang seguridad ng iyong pamilya, extended na ang redemption ng libreng COVID-19 and dengue insurance hanggang Aug 31. At hindi lang iyan, magbibigay din ang GCash Konsulta MD voucher para sa personal na health checkup mula August 15-31. Kung interasado ka namang mag-invest, kayang kaya mo na ring palaguin ang iyong ipon para sa’yo at sa’yong pamilya ngayong pandemic gamit kasama Ginvest sa halagang P50.

Anumang pagsubok ang hatid ng pandemic at sunod-sunod na lockdown, G ka pa ring maging ligtas, protektado, at ipagpatuloy ang bawat araw mo kasama ang GCash!

Bisitahin lamang ang www.gcash.com para sa karagdagang impormasyon.


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About GCash

GCash is the leading mobile wallet in the Philippines. Through the GCash app, customers can easily buy load; pay bills at over 600 partner billers in the app; pay at more than 7,000 online partners; send and receive money anywhere in the Philippines; pay using QR codes at over 130,000 partner merchants nationwide; save money while earning interest; and invest money at local and global funds -- all through the convenience of their smartphones.

GCash is part of the portfolio companies of 917Ventures, the largest corporate incubator in the Philippines wholly-owned by Globe Telecom, Inc. GCash was recognized by The Asian Banker (TAB) in 2021 for its outstanding digital financial inclusion programs impacting more than 40 million Filipinos in the country today.

Enjoy up to 40% off when you use GCash this 9.9!

Shout out to our online shopping lovers: it’s that time of the month again where you get a chance to add your favorite items and some essentials with exciting promos. With GCash, you can choose from an array of options from best-buy  gadgets, discounted items, and vouchers for food, retail, health, and more! 

Here are the amazing promos from GCash that you can enjoy this September with just a few taps on your phone:

Add to cart all you can! It’s time for more exciting promos and discounts from Lazada that shopaholics love! This 9.9 sale, you can avail 20% off and up to P100  discount on your orders when you use  GCash as your payment option. This promo will run from September 8-11 and with no minimum spend so you can fill your cart with all your shopping needs!

Bonding time with the fam. Want to jam to your favorite music with your family and friends? Perhaps a movie marathon? GCash has teamed up with Alipay to offer amazing rewards and deals so you can enjoy spending time with your loved ones while staying safe. Get a Spotify premium account, Mobile Legend rare skin fragment, or a 30-day Viu premium access for only P1.00! You can also order your favorite food at the same discounted price too! Remember, this promo is only available for Alipay + Rewards users and you can only purchase one quantity per item per day. This sale will run from September 7 – 9 at 1 pm to 2 pm daily or until items are sold out. 

Try your luck. Get a chance to win a 13-inch Apple MacBook Air, 10.9-inch Apple MacBook Air Gen 4, or a P2 million worth of grand prizes from GCash and Alipay! If you’re an Alipay + Rewards user, simply submit your name and contact information until September 9 to participate in the mega raffle. You may also win special rewards like P5 to P100 vouchers for the Google Play or App Store, P100 or P200 voucher for Puregold, P100 or P200 Gift Card for SM, P5 voucher for Alipay Store, 15 % off voucher for Shein, P60 voucher for Foodpanda, or a two-week trial of TeraBox. For GCash users, be sure to submit one entry per day for more chances of winning great rewards and prizes!

Time for a shopping spree and extra TLC. Imagine where you can buy anything from grocery essentials and appetizing food to your favorite beauty products and the latest gadgets using just your  mobile app. GLife, a feature on the GCash app, can give you just that! This month, GLife will kick off various grand launches of top brands ranging from retail to health and food, and so much more! Here are some of the launches and promos you can look forward to with GLife: Findshare 9.9 sale and Fem-Essentials with 30% off on regular tampon and super tampon from Nalawoman from September 8-9. GLife will also offer a “buy one, get one” promo on select items from Mama Foods from September 9-11, along with an exciting deal with Puregold wherein you can get a free delivery when you purchase P&G products, or a P175 discount for pickups. For your health needs, Konsulta MD on GLife has a free video call, Personal 60 or personal checkup at P6 from September 9-12. On a health kick?  You can also get 40% off Ambassador's Vegan Ice Cream from Go! Salads from September 9-15 and P100 cashback from Healthmart from September 9-22 on GLife. What’s more, there's a 30% off site-wide discount for Calypso from September 9-10 on the GCash app. 

This month, don’t miss out on all these exciting promos and rewards that you can get from GCash while staying safe!

Not yet on GCash? You can download the GCash app for free on the Google Play or App Store. To know more about GCash promos, visit https://www.gcash.com/promos/.

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About GCash

GCash (G-Xchange, Inc.) is the #1 Financial App in the Philippines. Through the GCash App, customers can easily purchase prepaid airtime; pay bills at over 600 partner billers nationwide; send and receive money anywhere in the Philippines, even to other bank accounts; purchase from over 2.5M partner merchants and social sellers; and get access to savings, credit, insurance and invest money all at the convenience of their smartphones. GCash is a wholly-owned subsidiary of Mynt (Globe Fintech Innovations, Inc.) since 2015.

GCash was recognized by The Asian Banker (TAB) in 2021 for its outstanding digital financial inclusion programs impacting more than 46 million Filipinos in the country today.

GCash and Max’s Group Support our ‘Heroes on Wheels’ with GCash on Delivery

Since the pandemic started last year, delivery riders have played a big role in making our lives easier as they bring essential items such as food, groceries, medicine, and more, right at our doorsteps. Because of the important role that they play in helping maintain normalcy in our lives, delivery riders are truly one of our modern-day heroes.

To support our “heroes on wheels” during these times, GCash, the country’s leading mobile wallet, partnered with Max’s Group, the largest casual dining restaurant company in the country, and operator of such well-loved brands as Max’s Restaurant, Pancake House, Yellow Cab Pizza Co., and Krispy Kreme, to enable riders to have safe and cashless transactions with GCash on Delivery. The riders can also receive their tips from customers via the GCash QR Code, a timely feature since cash tips have declined, affecting these riders and their families.

“Logistics, transport, and delivery services are all classified as essential services during the pandemic. It would be very challenging to Filipinos and the national economy if they’re unable to operate. That’s why GCash continues to offer innovative business solutions to help customers, the riders, and these industries survive and thrive during these challenging times,” said GCash President and CEO Martha Sazon.

Currently, 350 Max’s Restaurant riders are enabled for GCash transactions. This means customers with GCash accounts have the option to scan-to-pay via the rider’s QR code to settle their delivery orders safely and conveniently — without worrying about having exact change. Upon payment, riders will receive an SMS from GCash confirming the transaction payment. This confirmation happens in real-time and transactions reflect immediately, offering customers, riders, and logistics firms peace of mind that their payment is efficient and secure.

For customers who are happy with the delivery service and want to give a little extra, all they need to do is to scan the rider’s personal GCash QR code to instantly send tips to their rider’s GCash account.

“This tie-up with GCash aims to not only help customers stay safe during the pandemic but to also support delivery riders during these trying times by encouraging customers to give tips to riders in any amount they can using the GCash QR Code. This is also a way for us to show that we appreciate the delivery riders, who are our modern-day heroes. They exhibit hard work, dedication, and bravery despite the risks they take during these times so they can help people get their food and more,” said Max’s Group President & Chief Executive Officer Robert F. Trota.

Max’s Group, with their 8 major brands and over 650 branches globally, was one of the first merchants to sign up with GCash for safe and seamless transactions. Hungry fans can place orders at maxsgroupdelivers.com or (02) 888-7-9000 (Metro Manila only).

 

For more information, visit https://www.gcash.com/business. 

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About GCash

GCash (G-Xchange, Inc.) is the #1 Financial App in the Philippines. Through the GCash App, customers can easily purchase prepaid airtime; pay bills at over 600 partner billers nationwide; send and receive money anywhere in the Philippines, even to other bank accounts; purchase from over 2.5M partner merchants and social sellers; and get access to savings, credit, insurance and invest money all at the convenience of their smartphones. GCash is a wholly-owned subsidiary of Mynt (Globe Fintech Innovations, Inc.) since 2015.

GCash was recognized by The Asian Banker (TAB) in 2021 for its outstanding digital financial inclusion programs impacting more than 46 million Filipinos in the country today.

GCash is Top Fintech Brand in Philippines' Top 100 Brands 2021

GCash, the country's number 1 mobile wallet company, is the top financial technology brand to be included in the Top 100 Brands in the Philippines, according to Campaign Asia-Pacific and NielsenIQ. GCash is also one of Asia’s top 1,000 brands 2021.

Asia's Top 1000 Brands is a consumer opinion survey across 14 markets in Asia-Pacific and measures brand preference in 15 product/service categories. It shows brands that are succeeding with their marketing and brand-building efforts and reveals the favorite brands among consumers. This year’s study saw the changing consumer behavior among brands and their increasing digital services.

The leading e-wallet made it to the list while also hitting an exponential growth of 46 million users in June 2021, from 20 million users in January 2020. The app also had over 13 million log-ins per day on the GCash app, peaking at 15 million in the second quarter of 2021.

With its vision for financial inclusion for all, GCash has quickly adapted to the needs of the Filipino people by being a digital payment essential for individuals and entrepreneurs, especially during the pandemic. The top mobile wallet company worked with the government and became its financial aid tool, disbursing over P16 billion to more than 2 million Filipinos and raising over P21 million to more than 3 million Filipinos via digital bayanihan.

“We are honored to be part of the top brands in the Philippines and in Asia. This award further inspires us to continue with our mission to empower as many Filipinos as possible by giving them access to digital financial solutions that can make their lives better and more convenient especially during this pandemic,” said Martha Sazon, President and CEO of GCash.

No other fintech brand made it to the top 50 of the prestigious list, where the ranking of GCash rose from the previous year’s 51st spot to this 24th in the country in 2021. Among the high-ranking brands in the list are Samsung, Apple, LG, Sony, Panasonic, Nike, Nestle, Google, Colgate, and Starbucks.

GCash’s leap in the list can be attributed to strong consumer spending via the app: This year, GCash processed an average of PHP 300 billion in monthly transactions, and is on track in breaching its PHP 3 trillion Gross Transaction Value (GTV) target.

GCash also provides customers an easy and secure cashless payment platform through digital products and services like free money transfers from user to user, frictionless bank transfers, and bills payments. The mobile wallet company also offers businesses, especially MSMEs, a contactless way to accept payment for goods through the use of QR codes and P2P platform, which has empowered over 2.5 million GCash merchants and social sellers.

Currently, a third of GCash’s monthly active users utilize at least one of the app’s digital products like GCredit, GSave, GInvest, or GInsure. GCash provides customers easy access to a pre-approved credit line to pay for bills or QR transactions with GCredit, safely deposit money with GSave, easily invest in a market fund with GInvest, and buy essentials on GLife. With the health risks of the pandemic, GCash also offers customers COVID-19 health insurance for as low as P39 a month via GInsure.

“We are glad to see that GCash has become an extension of the Filipino digital life. It is our goal to democratize access to financial services because everyone deserves to have ways to protect and grow their money, especially during these difficult times,” said Martha Sazon, GCash President and CEO.

GCash was recently named as an “Outstanding Partner” by the Bangko Sentral ng Pilipinas at the agency’s 2021 Stakeholders Appreciation Ceremony. The recognition is for GCash’s continued support and commitment to deliver innovative financial solutions to all Filipinos, especially the unbanked and underbanked segments.

GCash also garnered two awards from the prestigious Asian Banker Awards 2021, and was the sole Philippine fintech company to do so. It won awards for the “Best Financial Inclusion Initiative/Application” for its Social Amelioration Program together with the Department of Social Welfare and Development, and “Best Digital Brand Campaign” for its CSR response to COVID-19, further solidifying the company as the #1 e-wallet app in the country.

Many Filipinos have come to rely on GCash for their daily cashless payment transactions, helping sustain the economy during the pandemic and propelling the mobile wallet to becoming one of the most respected and widely used brands in the Philippines. According to Visa’s latest Consumer Payment Attitudes study, Filipinos using digital commerce platforms like GCash helped boost the usage of digital payments in the country. It was also expected that it will continue to grow as more Filipinos appreciate the benefits of contactless payments like GCash during the pandemic.

For more information, visit www.gcash.com.

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About GCash

GCash is the leading mobile wallet in the Philippines. Through the GCash app, customers can easily buy load; pay bills at over 600 partner billers in the app; pay at more than 7,000 online partners; send and receive money anywhere in the Philippines; pay using QR codes at over 130,000 partner merchants nationwide; save money while earning interest; and invest money at local and global funds -- all through the convenience of their smartphones.

GCash is part of the portfolio companies of 917Ventures, the largest corporate incubator in the Philippines wholly-owned by Globe Telecom, Inc. GCash was recognized by The Asian Banker (TAB) in 2021 for its outstanding digital financial inclusion programs impacting more than 40 million Filipinos in the country today.

Boosting User Growth and Expanding Partnerships Keys to Financial Inclusion for Filipinos

Boosting user growth and expanding businesses are the key strategies to achieving financial inclusion for Filipinos.

This was one of the significant points highlighted by GCash, the country’s no. 1 e-wallet, during the Digital Pilipinas 2021 launch, a forum that is part of the annual World Fintech Festival which brings together Southeast Asia's technology champions.

According to Winsley Bangit, GCash chief customer officer who was one of the speakers during the forum, while GCash has more than 44 million registered users to date, there is still a large opportunity to serve the general public and the underbanked. As such, GCash strives to continuously democratize financial services and innovate on game-changing products for credit, savings, investments, and insurance ensuring that these are accessible, affordable and easy to understand for everyone.

“We do acknowledge that the Philippine market is unique. So at GCash, we are pro-customer with a ruthless focus on the Filipino consumer as we are grounded on improving the everyday lives of Filipinos,” said Bangit. “For this reason, we work with global best practices, world class platforms and partners to serve our customer better.”

On the app, users can make use of GSave, an online savings bank; GInvest, an easy investment feature; GInsure for insurance for medical emergencies such as dengue, COVID-19, and accidents; GCredit, a personal credit line with up to P30,000 credit line and up to 3% prorated interest rate. As a superlife app, GCash also has GLife, the e-commerce feature on the GCash app that allows users to shop exclusive deals from 35 brands across retail, food, gaming, entertainment, and transport.

GCash has formed key partnerships with financial services institutions and with more than 600 billers nationwide to offer relevant and affordable products to customers. CIMB, Atram, and Singlife, for example, have helped GCash launch more affordable financial solutions.

GCash has also partnered with Ant Group Financial, which allowed the app to have access to global and best-in-class platforms and capabilities, enabling GCash to scale up rapidly, while ensuring user security.

Meanwhile, Globe Telecom, known for their nationwide reach in mobile and network, has helped GCash quickly expand its reach and provide exclusive promos to Globe subscribers while Ayala Corporation has opened opportunities for GCash to partner with companies across varying industries.

GCash remains focused on its efforts on nation-building and financial inclusion for all Filipinos and will continue to drive innovation by bringing to life its purpose of making Filipino lives better every day, focusing on its customers, and ensuring the development of its employees to deliver only the best for its users.

Bangit concluded, “Fintech in the Philippines is a very enticing space to be in right now especially with the increased demand for digital financial services. We’re at the forefront of innovation.”

For more information, visit www.gcash.com.

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About GCash

GCash is the leading mobile wallet in the Philippines. Through the GCash app, customers can easily buy load; pay bills at over 600 partner billers in the app; pay at more than 7,000 online partners; send and receive money anywhere in the Philippines; pay using QR codes at over 130,000 partner merchants nationwide; save money while earning interest; and invest money at local and global funds -- all through the convenience of their smartphones.

GCash is part of the portfolio companies of 917Ventures, the largest corporate incubator in the Philippines wholly-owned by Globe Telecom, Inc. GCash was recognized by The Asian Banker (TAB) in 2021 for its outstanding digital financial inclusion programs impacting more than 40 million Filipinos in the country today.

GCash named ‘Outstanding Partner’ at the BSP Stakeholders Appreciation Ceremony 2021

GCash, the undisputed no. 1 mobile wallet app in the Philippines, was named an “Outstanding Partner” by the Bangko Sentral ng Pilipinas (BSP) at this year’s Stakeholders Appreciation Ceremony for its innovative financial solutions to grant financial access to all Filipinos, especially the unbanked and underbanked segments. 

“We are very honored to be named as one of the Outstanding Partners by the Bangko Sentral ng Pilipinas. At GCash, we have been working very hard to provide more relevant financial services and products to build a more inclusive financial ecosystem,” said Martha Sazon, GCash president and chief executive officer. “This recognition is an affirmation of our hard work to achieve finance for all.” 

For this year, the annual BSP Stakeholders Appreciation Ceremony was done virtually.  With the theme “Pagpugay at Pagkilala sa Gitna ng Hamon ng Pandemya,” the awarding ceremony acknowledged the outstanding partners who have supported BSP’s various initiatives and advocacy programs especially during the pandemic. 

“It has been more than a year since the pandemic began, and with cautious optimism, we can say that the worst is over. Though our economy received big blows because of the pandemic, we started green shoots of recovery as early as the third quarter of last year. This is because of a whole nation approach that we, which includes our partners, employed,” said BSP Governor Benjamin Diokno. 

In support of BSP’s recovery efforts, including its vision of financial inclusion for Filipinos, GCash has launched a host of products and services at the height of the pandemic. On the app, users can enjoy GSave, an online savings bank; GInvest, an easy investment feature; GInsure for insurance for medical emergencies such as dengue, COVID-19, and accidents; GCredit, a personal credit line with up to P30,000 credit line and up to 3% prorated interest rate. GCash features GLife, the e-commerce feature on the GCash app that allows users to shop exclusive deals from 35 brands across retail, food, gaming, entertainment, and transport. 

To help mobilize the economy, GCash partnered with businesses and rolled out GCash QR on Demand. On the app, users can use the QR Code in place of their mobile number to send or receive money, whether for personal use or small businesses. These business partnerships include market vendors and customers, helping them have a safe and convenient payment method. GCash has also enabled 15,000 jeepney drivers to receive alternative income sources through the app and provides PUJ drivers and commuters with a safe and cashless transaction option amid the pandemic via P2P QR Codes on the GCash app. 

Recently, GCash partnered with the BSP in launching a webinar series, which kicked off with the webinar entitled, “One with the Nation: Forging Public-Private Partnerships Towards Digital Inclusion in the Philippines.” The online event featured distinguished speakers from the public and private sectors led by Diokno, Sazon, Makati Mayor Abby Binay, Congressman Jose Enrirque Garcia, DSWD Director Wayne Belizar, and Bureau of Treasury of the Philippines OIC Deputy Treasurer Ed Marino.

With its numerous programs and initiatives to promote digital transformation among Filipinos during the pandemic, the e-wallet app has grown its user base to more than 40 million, doubling the figure from 20 million users in January 2020.

For more information, visit www.gcash.com.

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About GCash 

GCash is the leading mobile wallet in the Philippines. Through the GCash app, customers can easily buy load; pay bills at over 600 partner billers in the app; pay at more than 7,000 online partners; send and receive money anywhere in the Philippines; pay using QR codes at over 130,000 partner merchants nationwide; save money while earning interest; and invest money at local and global funds -- all through the convenience of their smartphones.

 

GCash is part of the portfolio companies of 917Ventures, the largest corporate incubator in the Philippines wholly-owned by Globe Telecom, Inc. GCash was recognized by The Asian Banker (TAB) in 2021 for its outstanding digital financial inclusion programs impacting more than 40 million Filipinos in the country today.