GCash, the Philippines’ top finance app, is expanding globally to provide affordable, secure, and convenient financial services to more overseas Filipino workers. Under GCash International, Filipinos in 14 territories can use international mobile numbers to sign up for and use the app. The app will be available in the US, Canada, Italy, the UK, Australia, Japan, the UAE, Qatar, South Korea, Taiwan, Hong Kong, Spain, Germany, and Singapore. Kuwait and Saudi Arabia will follow suit in the next half of 2024.
GCash reiterated its pledge to support Filipinos abroad in creating a brighter future for themselves and their families when the company participated in this year’s National Migrant Workers’ Day commemoration at the Department of Migrant Workers.
GCash International General Manager Paul Albano said of the global expansion, “Through strong, active partnerships and our long-held commitment to Filipinos, wherever they are in the world, GCash International can foster trust and convenience among our hardworking OFWs and the people who matter the most to them.”
GCash’s expansion is in service to about two million overseas Filipino workers—more of whom can be confident that they can safely and instantly send money to their families. GCash’s partnerships with over 70 accredited remittance companies globally—including Western Union, Remitly, Moneygram, and Ria—enable free and real-time in-app money transfers between accounts, thus avoiding the inconvenience and uncertainty of long-distance money orders.
GCash International has further widened its network for ease of access. Through GCash’s partnership with instant payments technology company Meridian Payments, US-based app users can transfer funds directly to GCash accounts from 12,000 US banks. GCash automatically converts US dollars into Philippine pesos upon cash-in, offering competitive ForEx rates and a nominal transaction fee of $1.
GCash’s global expansion also aims to empower Filipinos overseas to take complete control over their finances through multiple in-app services. Users overseas can repurchase loads for their loved ones’ homes. They can now directly pay their bills—including government payables like taxes and contributions and utility and tuition fees—to over 1,900 Philippine billers. Soon, through the GSave feature, Filipinos abroad can build their savings conveniently through the app.
Albano shares, “Financial inclusion is at the core of what we do at GCash. As we expand our financial services globally through GCash International, we empower millions of Filipinos to secure their financial freedom. Just as importantly, we are helping Filipinos worldwide stay connected with their loved ones back home.”