GCash has made contactless transactions possible even prior to onslaught of COVID-19. Through a smartphone, the free GCash app, and a functioning mobile number, anyone can complete their financial errands and send money to their loved ones minus the risk of COVID-19 transmission from doing it in the conventional way.
A variety of Send Money features are available through the GCash app: Express Transfer, Bank Transfer, and Remittance. Whether or not the recipient has an active GCash subscription, money can still be sent from a person’s e-wallet to even their bank accounts. GCash can also accommodate global money transfers, receiving money from Overseas Filipino Workers (OFW) who are stuck in quarantine abroad as well is made possible through the send money feature.
GCash is in a global partnership with established remittance centers such as Western Union, MoneyGram, and other remittance centers from the United Arab Emirates (UAE), Taiwan, Hong Kong, Japan, Australia, and the United Kingdom.
In the Philippines, the government’s initiative of keeping people at home has been implemented for almost two months. For some areas, including the National Capital Region (NCR), the extension of the enhanced community quarantine (ECQ) has been decreed due to still rapidly increasing cases of COVID-19. Most of the country has been implementing a general community quarantine (GCQ) since May 16.
The uncertainty of the situation has highlighted the need for an accessible platform that can replace transactions using cash. GCash addresses the situation perfectly, since it can help the government in its initiative of keeping people at home.
Globe Fintech Innovations Inc. (Mynt), which operates GCash, is part of the portfolio companies of 917Ventures, the largest corporate incubator in the Philippines wholly-owned by Globe Telecom Inc.
GCash is available for download on the App Store and Google Play. For more information, kindly visit https://www.gcash.com/.
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