In a major push for financial inclusion in rural communities, GCash — the Philippines’ leading finance superapp and largest cashless ecosystem — and the Philippine Crop Insurance Corporation (PCIC) brought a nationwide digital financial literacy caravan to farming communities, educating over 8,000 farmers in key agricultural regions on using digital tools to access insurance payouts and manage their finances more efficiently.
The initiative helps address the critical challenge of financial inclusion among Filipino farmers, many of whom have traditionally relied on cash or cheque-based systems for financial transactions. This process often resulted in delays and inefficiencies, particularly in receiving insurance claims.
GCash provided a robust solution to this problem through its Funds Disbursement Service, enabling farmers to have the option to receive their insurance claims in real-time through the app. This digital approach reduces the waiting time associated with cheque clearances and empowers farmers to manage their funds with greater ease. For many, this represents a crucial step towards wider participation in the digital economy.
"We extend our sincere gratitude to GCash, the country’s biggest digital finance platform, for their unwavering commitment to promote financial inclusion even in our rural communities,"
said Israel Dela Cruz, PCIC Business Development and Marketing Manager.
"Their dedicated efforts to educate our farmers are instrumental in ensuring financial inclusion for all and that vital financial services reach those who need them most."
Complementing this effort, the nationwide caravan also delivered essential digital financial literacy education, which equipped farmers with the knowledge and skills to navigate the formal financial system. It visited agricultural communities in provinces including Camarines Norte, Pampanga, Bulacan, Cagayan, Nueva Ecija, Negros Occidental, Leyte, Iloilo, Aklan, Occidental Mindoro, Pangasinan, Agusan del Sur, Batangas, Quezon, Negros Oriental, and Camarines Sur.
During the sessions, participants learned practical digital finance skills, such as navigating mobile wallets, understanding financial transactions, managing funds, and maximizing the benefits of digital services for everyday needs. These efforts were specifically designed for farmers, helping them build confidence in using digital tools for budgeting, saving, purchasing, and microloans.
“GCash is making significant strides in promoting financial inclusivity for farmers in the Philippines by providing them with easy access to vital financial services—such as receiving insurance payouts from PCIC, paying bills, and purchasing agricultural supplies directly through their mobile phones,”
said Alda Lou Cabrera, GCash Manager for Public Sector National Accounts.
“Additionally, our financial literacy caravan initiative educates and creates awareness among farmers, empowering them to make informed financial decisions, manage their resources better, and build resilience in the face of challenges.”
The partnership with PCIC reflects the broader mission of GCash to ensure that every Filipino, regardless of location or livelihood, can benefit from digital finance. By going directly to farming communities, GCash continues to work toward a future where no one is left behind in the country’s digital and economic transformation.
For more information, please visit 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.
