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Payments Wallets

Cashless Philippines: Becoming a Cash-Lite Economy

The Philippines has been gaining tremendous momentum in its bid to become a cashless society. Such is the speed of the process that, according to the latest Visa Consumer Payment Attitudes Study, 92 percent of Filipinos have been using multiple cashless

Financial Inclusion

GCash Focuses on Hyper Localisation to Push Financial Inclusion Agenda

Philippines’ mobile wallet GCash is focusing on hyper localisation and partnerships with local government units (LGUs) to extend financial services to the countryside. To push its aim for financial inclusion, GCash will be using local dialects and employing more localised

E-wallets Lending

GCash Disbursed PHP 40 Billion in Loans to More Than 1 Million Users

Philippines’ mobile wallet GCash announced that it has disbursed more than PHP 40 billion worth of loans as it expanded to more relevant lending products. Taking into account its lending offerings GCredit, GLoan and GGives, GCash has logged one million

E-wallets Wealthtech

GCash to Launch In-App Stock Trading Service Next Year

Mobile wallet GCash has partnered with the Philippine Stock Exchange (PSE) and brokerage AB Capital Securities to launch its in-app stock trading feature GStocks. GCash aims to roll out the feature by year-end to select users followed by a nationwide

E-wallets

GCash Hits 66 Million Users, P3 Trillion in Gross Transaction Value in 1H 2022

GCash reached P3 trillion in gross transaction value (GTV) in the first half of the year, nearly matching its P3.8 trillion full-year GTV of 2021. Barring any unforeseen circumstances, GCash expects to end 2022 with P6 trillion GTV, six times

Blockchain Remittance

Gcash Partners Roxe to Provide Affordable Blockchain-Based Cross Border Payments

Blockchain infrastructure company Roxe announced that it has partnered with G-Xchange’s GCash to enable affordable cross-border payments. The partnership connects GCash to Roxe’s blockchain-based payment network, where users from around the world can send funds to GCash’s customers. Roxe says

E-wallets Lending Payments

GCash Enables Users to Pay Their Bills via Its Micro-Lending Facility GCredit

Philippines’ mobile wallet GCash announced that its users will be able to pay their bills via its digital micro-lending facility GCredit. GCredit is only available for fully-verified users who have enough GScore, a trust score based on a GCash user’s

Lending Wallets

GCash Surpasses PHP 2.5 Billion in Loan Disbursements Within 10 Months

Philippines’ mobile wallet GCash has disbursed more than PHP 2.5 billion in cash loans in just 10 months since the launch of GLoan. According to GCash, this reflects the significant demand for affordable and fair lending rates among Filipinos. Offering

Wallets

GCash Surpasses PHP 500 Billion in Gross Transaction Value

Philippines’ mobile wallet GCash announced that it had surpassed PHP 500 billion in Gross Transaction Value (GTV) in March 2022. GCash said that it has daily logins and transactions of up to 29 million and 19 million respectively. To date,

E-wallets

Mynt’s GCash Clocks Over 60 Million Registered Users

GCash, a Philippines’ mobile wallet operated by Mynt under Globe’s corporate venture builder 917Ventures, announced that it now has over 60 million registered users and more than five million merchants nationwide. Additionally, GCash said that it records 29 million daily