Through this new way of paying, users can make secure, hands-free payments directly from their wrist, offering a seamless way to pay
“As digital payment solutions become increasingly essential, GCash Watch Pay eliminates the need to pull out a phone or wallet during purchases. Users can link their GCash account to a compatible Huawei smartwatch and generate a QR code directly from the device,”
said Ren-Ren Reyes, President and CEO of GCash mobile wallet operator G-Xchange, Inc.
The GCash QR code in the Huawei smartwatch can then be scanned by any merchant with a scanning point-of-sale system, completing the transaction instantly and securely.
This feature is designed for those who are always on the move, whether during a workout, commute, or errands, when reaching for a phone or wallet might not be convenient. By bringing payments to a wearable device, GCash, together with Huawei, is responding to the growing need for simple and secure payment options in today’s fast-paced, mobile-centric world.
Moreover, this partnership with Huawei reinforces GCash’s commitment to enhancing digital payment convenience, with a focus on compatibility and security. Recently, GCash Payment Innovations Head Dani Gil Librojo also joined the Huawei Developer Conference in Dongguan, China, as the two companies further highlight their collaboration, with QR payments now available for 7 million Huawei Smartwatch users in the Philippines.
Watch Pay is currently available for Huawei smartwatches and is compatible with select merchants using Business Scan Consumer technology. This marks an important step in expanding wearable payment solutions for users seeking efficiency and security in their transactions.
For a complete list of all Watch Pay compatible devices, visit this website: Help Center - GCash Watch Pay
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.
