With the theme “Bagong Bayani Kaagapay sa Bagong Pilipinas,” the two-day event offered a wide range of services for OFWs and their families, including pre-employment and anti-illegal recruitment orientation seminars, welfare and legal assistance, and reintegration support, including comprehensive government and financial services to OFWs and their families. A financial literacy program was also conducted by GCash for overseas Filipino workers (OFWs) to help them maximize their earnings and teach them the value of saving.
“The Department of Migrant Workers continues to see the importance of partnership with LGUs and private institutions like GCash, to provide options for OFWs to manage and handle their finances well. Our migrant workers leave the country to provide better lives for their families but it shouldn’t end there. Our end game should be that they can finally come home to their loved ones and through our partnerships, we will help them achieve their financial goals faster,”
says DMW Usec. Patricia Yvonne "PY" Caunan.
During the caravan, GCash presented its suite of services to OFWs including Filipinos bound for deployment and their families to help improve their lives and achieve their financial goals. These include secure money transfers, savings accounts, insurance, and lending and investment options which are all accessible through the GCash app.
“In line with the vision of GCash to give more Filipinos financial access across the world, we offer various services and innovations designed for Overseas Filipinos. We allow free Send Money from GCash Overseas to the GCash account of their loved ones in the Philippines instantly and to many, at multiple times. We have also partnered with international remittance centers with the most competitive exchange rates with minimal fees. This helps our hardworking OFWs save a lot as we provide them a more cost-efficient way to send money to their families back home,”
says GCash International general manager Paul Albano.
Aside from these services, GCash has also made its services available in more territories enabling Filipinos to download and utilize the GCash app by using their international number. GCash Overseas is available in the United States, Canada, the United Kingdom, Spain, Italy, Germany, Qatar, Kuwait, Japan, South Korea, Taiwan, Singapore, Hong Kong, and Australia. Likewise, GCash Overseas also enables OFWs to conveniently receive money from the Philippines, and experience seamless cashless transactions by using the GCash Scan to Pay feature in Alipay+ enabled merchants and networks for convenient payments.
“We continuously pursue these activities and opportunities, locally and overseas, to promote the values of financial wellness. GCash wants to emphasize that we are not only their partner for their ‘everyday’, but also help them prepare for the rainy days and build their ‘one day’,”
says GCash head of overseas acquisition marketing Adrian Galang.
Together with its partners, GCash continues to take on a proactive role in pushing its “Finance for All” agenda, providing Filipinos with a safe, secure, and efficient fintech solution wherever they are.
For more information, please visit new.gcash.com.
About Mynt
Mynt is the first and only $5 billion unicorn in the Philippines. It's a leader in mobile financial services focused on accelerating financial inclusion through mobile money, financial services, and technology. Mynt operates two fintech companies: GXI, the mobile wallet operator of GCash — the #1 Finance App in the Philippines, and Fuse Lending, a tech-based lending company that gives Filipinos access to microloans and business loans.
About GCash
GCash is the Philippines’ #1 Finance App and Largest Cashless Ecosystem. Through the GCash App, users can easily purchase prepaid airtime; pay bills via partner billers nationwide; send and receive money anywhere in the Philippines, even to other bank accounts; purchase from over 6 million partner merchants and social sellers; and get access to savings, credit, loans, insurance and invest money, and so much more, all at the convenience of their smartphones. GCash’s mobile wallet operations are handled by G-Xchange, Inc. (GXI), a wholly-owned subsidiary of Mynt, the first and only duacorn in the Philippines.
Mynt and GCash are staunch supporters of the United Nations Sustainable Development Goals (SDGs), particularly UN SDGs 5,8,10, and 13, which focus on safety & security, financial inclusion, diversity, equity, and inclusion as well as taking urgent action to combat climate change and its impacts, respectively.
For more information, please contact:
Bruce Rodriguez, Head of Business Communications
Corporate Communications
Legal Disclaimer & Safe Harbor Statement
This press release is for informational purposes only and does not constitute, or form part of, any offer, solicitation, or invitation to sell, issue, purchase, or subscribe for any securities in the Philippines, the United States, or any other jurisdiction. No securities of Mynt, Inc. have been or will be registered under the U.S. Securities Act of 1933, as amended, and such securities may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. There will be no public offering of the securities of the Company in the United States. No money, securities or other consideration is being solicited by this document or the information contained herein and, if sent in response to this document or the information contained herein, will not be accepted. Any potential initial public offering and listing in the Philippines, if pursued, remain fully subject to prevailing market conditions and regulatory approvals, including the registration requirements of the Philippine Securities and Exchange Commission and the listing rules of the Philippine Stock Exchange, Inc., and there can be no assurance that any such filings will be made or that any offering or listing will be consummated. This document contains forward-looking statements that involve inherent risks and uncertainties; actual results, timelines, and outcomes may differ materially from those projected due to shifting market dynamics, economic environments, and regulatory updates.
