The newly accredited remittance partner TapTap Send is an app designed to provide OFWs in the UAE, UK, US, Canada, and select countries in Europe with quick, affordable, and secure money transfers along with zero transaction fees and competitive exchange rates when they remit money back to the Philippines.
To help customers make the most of their remittance transactions, TapTap Send will also offer all first-time users on the app an exclusive promo if they remit to GCash. By using the code GCASH when using the app to remit, customers will receive an additional bonus credit on their first transfer made. The bonus credit will depend on the user’s location. To see full terms and conditions, users can visit https://www.taptapsend.com/send-money/promo-ph202407.
GCash is also encouraging users to transact only with official partners to ensure real-time remittances as well as safer transactions. Moreover, transacting with official international partners prevents users from falling victim to scams, which are harder to trace when transacting with unaccredited agents.
"Some of our users may not be aware that there is a difference between sending via official partners of GCash versus other remittance companies that also offer to send to GCash through banks and Instapay. Since senders do not see banks in the remittance process, they would understandably assume that this is a GCash issue. That’s why we want to encourage the public to transact with our official partners who offer real-time transfer and competitive exchange rates,"
said Ren-Ren Reyes, the president and CEO of G-Xchange, Inc., the mobile wallet operator of GCash.
Sharing the vision of revolutionizing the way Filipinos do money transfers, Taptap Send Philippines Launcher Faye Sta. Ana said this collaboration is a step to help OFWs support their loved one's most basic needs.
“For Taptap Send, we realized there’s not been a money transfer app led by an OFW for the OFWs who were able to freshly brand the Filipino diaspora as empowered, and financially literate, while also doing it in a fun way. GCash is very much aligned with our strategy and we’re excited to join Asia’s fintech powerhouse to put Filipino prowess forward.”
Aside from Taptap Send, GCash also connects with global partners offering users convenient ways to send real-time money transfers to over 200 countries. For the full list of partners, visit https://new.gcash.com/services/cash-in/receive-international-remittance
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.
