Committed to its promise of finance for all, GCash, the undisputed leader and preferred mobile wallet in the Philippines, remains free for Filipinos who transfer money from GCash wallet to another, no matter what network a user is subscribed to.
Over 26 million GCash users can send money to their families and friends anytime, anywhere, even from the comfort of their own home. The best part? Digital transfers cost nothing as long as the receiving party is also a GCash user!
“GCash is offering GCash to GCash money transfer services for free to help lessen the financial burden of Filipinos while providing them with greater convenience and security for their mobile financial needs,” GCash President Martha Sazon said.
Within a matter of seconds. GCash users can send money to each other for free by tapping Send Money on the GCash dashboard. Through Express Send, digital fund transfer is as easy as typing in the recipient’s mobile number or better yet, choosing the desired recipient from the phone’s contacts list. For successful transactions, GCash will show the in-app receipt and send an SMS with the transaction details.
Users can also use the Request Money feature in the GCash app in case they need financial assistance from their friends and family. The GCash user from whom money is being requested can simply click on the notification and accept the request. The Request Money feature is also free of charge.
The pandemic has compelled many Filipinos to resort to digital finance when it comes to accomplishing their daily tasks. However, as most of the country eases into the new normal months after the peak of COVID-19, mobile banking is now considered as an essential part of daily life at par with the traditional way of finance.
The reliance on digital services amid the pandemic is also aggravated by natural calamities, which are common in the Philippines, such as typhoons. Having no better option for banking, most Filipinos are burdened with extra costs when they inevitably transact online using their bank mobile apps.
“We believe that this feature is not just a matter of helping each other out, it’s also a matter of saving lives. Given the number of typhoons that have hit the country recently, those affected can ask for help by requesting money from GCash while their loved ones can send money just as easily,” Sazon explained.
“With GCash, users can ask for help without having to worry about burdening their loved ones. While it sounds too good to be true, fund transfers really are seamless,” Sazon added.
Aside from sending money, other services within the GCash system remain free of charge. GCash users can pay bills for free for select public utilities such as electricity, water, cable and internet, telecommunications, and even transact for their monthly online shopping hauls through the app without having to worry about being charged for convenience fees. Students can also enjoy exclusive promos for more affordable load for their online learning needs.
The number of GCash users across the country have grown exponentially since the onset of the pandemic. To date, millions of Filipinos rely on the GCash Send Money service, a testament to its reliability and accessibility.
“The Send Money transfer is more than enough to cover the needs of GCash users. It’s accessible, easy to understand, and free. Given the recent events, having a GCash account saves millions from a lot of trouble that they would ordinarily experience if they don’t have our app downloaded in their phones,” Sazon said.
Globe Fintech Innovations Inc. (Mynt), which operates GCash, is part of the portfolio companies of 917Ventures, the largest corporate incubator in the Philippines wholly-owned by Globe Telecom Inc.
GCash is available for download on the App Store and Google Play. For more information, kindly visit https://www.gcash.com/.