With restricted mobility and limited options due to the enhanced community quarantine of the whole island of Luzon and local lockdowns of other cities and provinces, Filipinos may opt to send and receive money to and from their loved ones via their mobile phones.
GCash emphasized that Filipinos should leverage a financial ecosystem that allows them to do more with less, especially during emergencies.
Through their GCash apps, users may send money to other GCash users or even account holders of other bank accounts and financial institutions.
Express Send, found under the Send Money Tile, allows GCash users to send money to another GCash account in real time and for free. They may also include a short message to the receiver when using this feature.
Aside from withdrawing cash from their digital wallets, GCash account holders may use their funds to transact either online or offline. This further reduces the need for GCash users to go out and handle cash during the enhanced community quarantine.
GCash account holders may also transfer funds to almost 40 banks and other financial institutions through the Bank Transfer feature. GCash users simply have to select the bank of the receiver, input the receiver’s details and the amount to be sent, and click send. This service is for free and bank transfer is real time.
Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno already sought the cooperation of banks and other financial institutions in giving relief to those using banking services during the heightened national emergency.
Sending and receiving money via GCash — whether peer-to-peer or interbank — have always been free since day one.
Aside from leveraging fintech to transfer funds, GCash also encourages Filipinos to help #FightCOVID19 by joining the digital donation drive that it launched in the GCash app. Through this, anyone with a GCash account can help support frontline health workers. To donate, GCash users simply have to click on the “Pay Bills” icon, choose “Others,” click on the “FightCOVID19” option, and then input the amount that they would like to donate before hitting send.
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