The Day of the Seafarer recognizes the contributions of seafarers to everyday Filipino lives, the global community, and global trade industries—a feat that rests on the shoulders of 578,000 Filipinos who make up a significant portion of the 1.89 million seafarers worldwide.
“The purpose of the Day of the Seafarer is to honor retired, current, and future seafarers. AMOSUP is involved in taking care of its members and ensuring comprehensive assistance. Meanwhile, MAAP prepares cadets to be confident and competent assets to their respective companies. We take care of our seafarers, especially with the difficulties they may encounter in their day-to-day jobs,”
stated AMOSUP Executive Vice President and MAAP President Vice Admiral Eduardo Ma. R. Santos.
Filipino seafarers have long made their prominent mark on maritime industries across the globe, giving them a well-earned reputation of being among the best of the best due to their hard work and dedication to their calling. GCash shares AMOSUP and MAAP’s mission of upholding the welfare of seafarers and reaffirms its commitment to the sector as part of realizing its vision of Finance for All, regardless of where Filipinos may be.
“Our suite of products that now cater to overseas Filipinos stands as a testament to our dedication to empowering every Filipino, no matter where they may be in the world. We understand the challenges faced by our kababayan abroad, as well as their families. Through GCash, we provide a powerful tool for marinos and all our overseas Filipinos to have direct control over their finances, ensuring that distance is no barrier to financial management and financial progress,”
said Jules Abalos, Head of Product, GCash International.
GCash presented its suite of services to AMOSUP and MAAP cadets who are expected to finish schooling by the year-end and go onboard their respective companies. GCash emphasized that its convenient, secure, and efficient digital financial services can be used anywhere in the world, for our newly minted Pinoy seafarers to thrive in their careers as they care for their families back home.
Among the secure financial solutions GCash offers are its Send Money and Save features, which enable app users to save and grow their money and conveniently transfer funds to their loved ones. The GCash Card also allows account holders to pay at 35.9 million Visa-accepting merchants worldwide in 150 currencies, as well as withdraw cash from any affiliated BancNet ATMs in the Philippines.
“Convenience and safety are at the heart of what we do. With our suite of digital financial products, including real-time money transfers, we facilitate seamless transactions so that family members of migrant workers can receive support instantly, wherever they may be. This real-time capability not only enhances convenience but also strengthens familial bonds across borders,”
Abalos explained.
“Moreover, we are committed to offering competitive rates, ensuring that our services remain accessible and affordable. We understand the importance of cost-effectiveness, and through GCash, we strive to provide the best value compared to others in the market.”
However, the financial solutions of GCash don’t stop there. To be a partner for financial empowerment and progress, GCash also helps seafarers take control of how they can best grow their money.
“More than just a mobile wallet, GCash is an everyday companion,”
explained Cash Maghirang, Account Manager, Public Sector at GCash, explaining the other ways in which GCash can help seafarers, including providing them and their families with affordable and accessible insurance, as well as inclusive and fair lending.
Most importantly, GCash can help seafarers grow their money and achieve financial stability through features such as GSave, GInsure, GCrypto, and GStocks. GSave, in particular, allows seafarers to open a savings account with any of GCash’s partner banks—BPI, CIMB, Maybank, and UNO Digital Bank—without having to physically go to a branch of the bank, thus making the process easy, safe, and protected.
Rox Samin, Head of Executive Escalations at GCash, explained the various security protocols in place to ensure that seafarers’ money with GCash is safe and protected, including added layers of protection at users’ fingertips. She also emphasized the importance of cybersecurity education, or “how you keep yourself safe,” as well as shared vital cyber safety tips.
This year’s celebration of Day of the Seafarer underscores the value of meaningful partnerships with organizations like the AMOSUP and MAAP, as GCash works to ensure that the Filipino seafaring community is equipped to navigate the challenges of the profession and achieve financial security both at sea and on land.
“GCash remains steadfast in our mission to empower every Filipino with financial freedom, bridging distances and creating opportunities,”
Abalos concluded.
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.
