No need to cash in! GCash users will soon be able to link their Visa and Mastercard credit and debit cards to pay instantly.
To deliver greater convenience and payment freedom, GCash, the country’s #1 finance superapp, will soon allow users to link their Visa or Mastercard debit and credit cards directly as a payment source for transactions. Set to roll out within August, this new feature will enable seamless in-store purchases even when a user's wallet balance is low or even empty, eliminating the need to first cash in.
By allowing Visa or Mastercard cards to pay for purchases in real time, GCash ensures transactions never fall through. The seamless integration will remove the hassle of manual cash-ins while giving users the freedom to go fully cashless, leaving both physical bills and plastic cards safely behind.
Users will be able to link up to three (3) Visa or Mastercard debit or credit cards to their GCash account, set a default payment card, and manage or unlink cards directly within the app. The new feature will give users greater flexibility in how they fund everyday purchases.
Security remains a key part of the payment experience. Card linking will be authenticated through a one-time password (OTP), while eligible transactions will also be authenticated using biometrics or a phone PIN where available, providing users with a secure and convenient way to pay using their linked cards.
“Our commitment to innovation means building solutions that make daily payments simpler, safer, and completely effortless. We are thrilled to soon allow GCash users to link their Visa or Mastercard directly for payments. As we prepare to roll out this feature, we remain committed to giving Filipinos the freedom to pay their way with ultimate convenience and total peace of mind.”
said Ren-ren Reyes, President & CEO of G-Xchange, Inc. (the mobile wallet operator of GCash)
As GCash continues to redefine digital payments, this upcoming feature ensures everyday transactions remain convenient, adaptable, and secure. Users can expect direct Visa and Mastercard card-linking for payments to roll out nationwide within August.
For more information, visit https://www.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.
