OFWs can easily use the service to remit money, pay bills back home
Dubai: GCash, a popular mobile wallet in the Philippines, has announced its international expansion to 16 countries, including the UAE.
With this, Filipinos can register using a UAE SIM card instead of bringing a Philippine SIM card abroad, which can help with remittance, paying bills, taxes, and sending school and college fees back home. The service also allows Overseas Filipino Workers (OFWs) the option to pay for government services, purchase air tickets, apply for loans, pay for healthcare, and a slew of other services.
GCash International General Manager Paul Albano said the initial 13 countries and territories include the US, Canada, Australia, the UK, Italy, Germany, Spain, UAE, Qatar, Japan, Korea, and Hong Kong. In April, it will be available in Saudi Arabia, Kuwait, and Singapore.
It is now available to download on the Apple Appstore and Google's Playstore.
Launched in 2004, GCash was Globe Telecom's answer to Smart Communication's Smart Padala. The service initially focused on basic money transfers via SMS, catering to the unbanked population. It evolved rapidly, introducing a mobile application in 2012. Owned and operated by Mynt, a subsidiary of Globe Telecom, GCash boasts over 81 million active users (as of May 2023).
Pay bills: GCash boasts a comprehensive bill payment system for utilities, telecommunications, credit cards, and government agencies in the Philippines. On the app, select 'Bills', choose the biller category, search for the specific biller, enter your account details, and confirm payment.
Transfer money: The 'Send' function lets you quickly transfer funds. Choose your recipient by Philippine phone number or QR code, input the amount, and confirm the transaction.
Receive Money: Receive remittances through GCash QR codes, partner websites, apps or branches.
Load Philippine SIM cards: You can easily buy mobile and broadband loads of different telcos in the Philippines.
Currently, you can Cash In your GCash account through global partners like Remitly, Payoneer or Western Union. Bank transfer services are also in the works, according to the mobile application. GCash will also slowly roll out other popular features like GLife (an ecommerce platform) and GSave (a digital savings feature).
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