GCash reaches more Filipinos as it rolls out its overseas service in the US
Filipinos in the US can soon use GCash with American numbers
Just fresh from its initial rollout in Japan, Australia, and Italy, GCash Overseas is now expanding into the United States allowing the first 1,000 Filipinos there to use the e-wallet even without a Philippine SIM Card.
Filipinos in the US can soon sign up for GCash by using their American mobile numbers and start supporting their families back home by sending money for free (GCash to GCash), paying bills, and buying them prepaid load credits.
“Now that we have activated GCash outside of the Philippines, we are now working towards making it available in more countries. This time, we are adding the US to our list to be able to service over 4 million of our kababayans residing there,” said Martha Sazon, president and CEO of GCash. “With strong support from the Bangko Sentral ng Pilipinas (BSP), we are able to make significant headway in scaling our services, aligned with our vision of ‘Finance for All’.”
Earlier this month, GCash received the green light from the BSP to start the initial launch of its overseas service which allowed Filipinos in Japan, Australia, and Italy to use GCash using any SIM from those countries. This has made GCash the first and only e-wallet in the Philippines to offer this kind of service overseas.
In just a few easy steps, Filipinos in the US and the initial three countries can soon begin using GCash. First, they just need to download the app from Google Play Store for Android, the App Store for iPhone and iPad users, or the Huawei Gallery. Then, users can select their country and input their details. To verify their account, they just need to scan their Philippine passport or other valid IDs and take a selfie. Fully verified users can then cash in via Remitly to start sending money, paying bills, and buying load wherever they are, with just a few taps on the app.
Aside from making GCash services available to more Filipinos worldwide, the leading e-wallet has also been continuously expanding its international payments touchpoints in partnership with global fintech giant, Alipay+. GCash can now be used to pay in select merchants across countries like Japan, South Korea, Singapore, Malaysia, and Qatar as well as top European destinations like the United Kingdom, France, Germany, and Italy.
To learn more about GCash Overseas, visit https://www.gcash.com/profile/overseas#
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
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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.
