Daily Tribune (Philippines)

GCash expands overseas reach

- MARIA ROMERO

GCash, an Ayala-backed financial super app, is on a mission to facilitate seamless money transfers for more Filipinos living abroad, helping bridge the gap between digital economies and traditiona­l remittance channels.

In an interview, GCash Internatio­nal General Manager Paul Albano said GCash is working on expanding its internatio­nal reach to empower Filipino expats with a safe, secure, and efficient solution that enables them to send money back home with ease.

GCash is teaming up with Ikon Solutions Asia Inc., a licensed recruitmen­t agency, to ensure OFWs are equipped with much-needed digital financial services through the app.

Growing market

The company, through GCash Overseas, has recently expanded its services to 16 key internatio­nal markets that will enable users to access the financial superapp even without local mobile phone numbers in the countries or territorie­s where they live.

The expansion caters to Filipinos in the United States, Canada, the United Kingdom, Spain, Italy, Germany, Qatar, Kuwait, Japan, South Korea, Taiwan, Singapore, Hong Kong and Australia.

It allows users to send money to loved ones anytime anywhere; pay bills and be in complete control of where the money is going, including household utilities, tuition, and taxes, among others; and purchase mobile phone loads for loved ones to stay connected via chat or video calls.

“We want to expand to more countries, but these countries already account for more than 80 percent of the remittance­s of our Filipino kababayan.Hopefully, we can get all of them into using GCash overseas. Which is the same GCash app except for local mobile number lang nila in the countries that they’re located,” Albano told reporters.

Visa

The company has also partnered with internatio­nal payments giant Visa, providing GCash users with another cashless payment method outside of the Philippine­s.

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