GCash strengthens digital adoption in public sector through FinTech workshop series
As the leading mobile wallet in the Philippines, GCash is aiming to level up its partnership with the public sector to accelerate the adoption of cashless payments through a year-long workshop series.
The fintech player is poised to host the ‘GCash for the Nation’ annual conference and workshop series throughout 2023, highlighting its long-standing partnership with various private sector group and its vision of achieving 'Finance for All'.
The workshop series will bring together key public sector stakeholders and tackle the future of digital financial services in pursuit of financial inclusion and fostering economic growth.
Recognizing the need to promote massive digital adoption in the country, the first workshop of the year-long program is entitled ‘Breaking Barriers toward a Digital Ecosystem’. It will focus on government regulations, new policies, and guidelines, as well as infrastructure and cybersecurity developments that will enable safe and secure adoption of digital payments. It will be held at the Manila Diamond Hotel, Roxas Blvd., Pasay City. The program will feature speakers from various national government agencies and local government units (LGU), including the Department of Interior and Local Government (DILG), the Government Procurement Policy Board - Technical Support Office, and the Commission on Audit, as well as executives from Globe Telecom, G-Xchange Inc., private sector partners, and other key stakeholders.
Succeeding workshops will be held throughout the year and include immersive talks and discussions centered on three key issues in the Fintech industry – Building Capabilities, Resilience, and Sustainability. These topics will highlight how the industry can be more effective in harnessing the power of digital technology, push for more innovations in the Fintech space for contingency and continuity, as well as enable and empower communities through financial technology.
“We are very proud to be a long-standing partner of the government for nation-building. Our alliance with the public and private sectors has allowed us to reach more Filipinos, especially the unbanked, and deliver more innovative and relevant financial products and services to them. Together with our partners, we strive to make a difference in the lives of Filipinos and make their lives better every day,” GCash president and CEO Martha Sazon said.
Through its robust and continuous collaborations with both the public and private sectors, GCash continues to shape the future of the digital financial space and transform the Philippines into a more financially inclusive country, focusing strongly on the nation’s sustainable economic growth and how it can benefit its growing population.
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.
