Leading finance app GCash strengthens its partnership with multinational online payments provider PayPal to provide the freelancer and e-commerce entrepreneurs community in the Philippines with an improved cash-in experience.
Through this continued partnership, customers like remote freelancers and e-commerce entrepreneurs can enjoy the new and improved ‘PayPal Cash-In’ feature in the GCash app. By linking their PayPal accounts to GCash and cashing in at least once, they can get a P500,000 wallet limit, a more convenient cash-in process, and a safer experience.
Representatives from GCash and PayPal met at the GCash headquarters in Taguig, Philippines earlier this year to mark their stronger partnership. Officials from both organizations expressed their excitement for yet another milestone due to the synergy between the two giant fintech companies.
“We at GCash recognize the vital role of PayPal among remote Filipino workers, freelancers, and digital nomads. GCash will continue to be the best way to convert your funds from PayPal seamlessly,” said G-Xchange president and CEO Ren-Ren Reyes.
The new feature is set to take effect in March 2024. The launch emphasized GCash’s commitment to providing the most affordable and user-friendly financial experience through this pivotal role in serving the Filipino workforce. This development aims to empower a significant portion of the country’s workforce and online entrepreneurs, providing them with a seamless avenue for managing their finances.
“Linking a PayPal account to GCash and cashing in is the fastest, most affordable, and seamless end-to-end experience so far,” said GCash International general manager Paul Albano.
The collaboration between GCash and PayPal proves to be another step closer to financial inclusion. GCash remains the unparalleled solution in the Philippines for seamlessly converting funds from PayPal.
For more information, visit:
https://help.gcash.com/hc/en-us/articles/360020281973-Cash-in-via-PayPal
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
