Continuing its mission to provide seamless financial services to Filipinos nationwide, GCash, the country’s number one finance super app, has entered into a partnership with M Lhullier, the largest non-bank financial services network in the Philippines, by expanding their GCash cash-in and cash-out (CICO) services to over 3,000 M Lhuillier branches nationwide.
Through the expanded partnership, more users across the Philippines will have access to cash-in services of up to Php 8,000 with no extra fees at any of M Lhuillier’s branches nationwide. Cash-out transactions, on the other hand, are subject to a minimum 2% fee for amounts in excess of Php 8,000.00 per month.
“Our goal here is simple – make Filipino lives easier, more convenient, and more secure. We cannot think of a better way to do this than by teaming up with M Lhuillier, which has been serving millions of Filipinos for decades. We are excited to bring accessible and safe cash-in and cash-out services to more Filipinos through this partnership. With its extensive coverage in the country, we are looking forward to further increasing our customer base so that more users can enjoy safe, secure, and hassle-free cashless transactions daily,” said Ren-Ren Reyes, president, and CEO of G-Xchange, Inc. (GXI), the mobile wallet operator of GCash.
Likewise, the availability of GCash CICO services will also be beneficial to the customers of M Lhuillier, whose collaboration with GCash makes it one of the e-wallet’s biggest partners for money transfers and other financial services.
“This collaboration further strengthens our position as a trusted and innovative financial service provider in the country. We look forward to empowering more people with seamless access to digital transactions and contributing to the financial inclusion of more Filipinos. We are excited to embark on this journey of transforming how people manage their finances. Our shared vision and dedication will enhance the accessibility and convenience of financial services across the country,” M Lhuillier president and CEO Michael Edward Lhuillier said.
Together with its partners, GCash continues to work for a future where financial services are accessible for every Filipino, especially the unbanked and underserved sector, as the nation shifts into a cash-lite society.
“Our strengthened partnership with M Lhuillier is in line with our vision of achieving ‘Finance for All’. Together, we enable more Filipinos across the country to have access to innovative digital financial solutions when they cash in, such as fair lending, savings, insurance, and other digital lifestyle hacks,” noted Reyes
About Mynt
Mynt is the parent company of GCash, the #1 Finance Super App in the Philippines. It’s the first and only fintech company listed on the Philippine Stock Exchange under the “GCASH” ticker symbol. Through GCash, Mynt advances its vision of 'Finance for All' by making financial services more accessible to Filipinos. Mynt operates a portfolio of companies, including G-Xchange, Inc., the payments company responsible for the digital payments and electronic money activities in the GCash app, and Fuse Financing, Inc., the financing company for GCash that provides fair and digitally-enabled credit products and solutions.
Mynt, through its fintech operations, is a staunch supporter of the United Nations Sustainable Development Goals (SDGs), particularly focusing on safety & security, financial inclusion, diversity, equity, and inclusion, as well as taking urgent action to combat climate change and its impacts.
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
