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GCash secures $175-million funding from New York-based investors

ABS-CBN News
Posted at Jan 08 03:28 PM

Mobile wallet GCash secured a $175-million investment from New York-based investors led by Bow Wave Capital Management, parent company Globe Fintech Innovations (Mynt) said Friday. Read more »

GCash says customer base hit 33 million last year from just 20 million in 2019

ABS-CBN News
Posted at Jan 05 03:49 PM

Mobile wallet and payments firm GCash on Tuesday said it exceeded its 2020 business targets, including hitting its P1 trillion transactions last year.  Read more »

GCash services restored after temporary glitch

ABS-CBN News
Updated as of Dec 24 07:18 PM

(UPDATE) Mobile wallet GCash services is restored after being temporarily unavailable Thursday. Read more »

30 million reasons to celebrate Christmas this 2020

GCash
Posted at Dec 18 02:22 PM

There are about 30 million reasons to celebrate Christmas this 2020, and that is just by using the GCash app. Read more »

GCash says hits P1-T worth of transactions as pandemic pushes e-payments

ABS-CBN News
Updated as of Dec 08 08:20 PM

Martha Sazon, President and CEO of Mynt, which operates GCash, said GCash transactions this year have already surpassed the cumulative number of payments done through its system from 2017 to 2019. Read more »

GCash raises over P21-M for Ulysses, Rolly victims

ABS-CBN News
Posted at Nov 24 05:05 PM

Mobile wallet provider GCash said Tuesday it raised over P21 million from donation drives for Ulysses and Rolly victims after both typhoons ravaged parts of the country over the past weeks. Read more »

ING Philippines launches e-payments service, takes aim at GCash, Paymaya

Bruce Rodriguez, ABS-CBN News
Posted at Nov 24 04:56 PM

ING Bank Philippines on Tuesday launched its own e-payments service called, ING Pay, joining a fast-growing sector dominated by GCash and PayMaya. Read more »

PH officials warn public vs money launderers exploiting digital transactions

ABS-CBN News
Posted at Nov 21 02:48 AM

Philippine officials warn money launderers may be exploiting the surge in digital transactions during the COVID-19 pandemic. Amid this trend, some of the country’s biggest banks are launching an industry-wide initiative to combat online fraud. Read more »

Phoenix Petroleum says 200 retail stations offering 'contactless' payments

ABS-CBN News
Posted at Nov 19 01:58 PM

Phoenix Petroleum Philippines is now offering contactless payment options in all of its 200 gas stations nationwide as part of efforts to curb the spread of COVID-19, the firm said on Thursday.   Read more »

GCash gets into mobile gaming in bid to become ‘super app’

ABS-CBN News
Posted at Oct 27 04:17 PM

The Ayala-led fintech firm said that since the start of quarantine, mobile gaming has become a top pastime of Filipinos.  Read more »

Transaction fee sa mga online money transfer, inalmahan

ABS-CBN News
Posted at Oct 13 07:15 PM

Magkakaroon na ng transaction fee kapag maglilipat ng pera mula sa mga e-wallet papunta sa mga bangko. Read more »

Payoneer partners with GCash to expand financial services

ABS-CBN News
Posted at Oct 02 04:37 PM

Cross-border payment platform Payoneer on Friday said it tapped mobile e-wallet operator GCash to expand financial services for Filipinos. Read more »

LIST: Banks that are waiving online transfer fees until yearend

ABS-CBN News
Posted at Sep 30 09:38 PM

Several banks, including the country's second-largest bank in terms of assets, will waive online transfer fees until the end of the year. Read more »

GCash, Paymaya waive bank transfer fees until Nov. 1

ABS-CBN News
Updated as of Sep 30 11:14 PM

Mobile wallet services GCash and PayMaya will not be collecting bank transfer fees next month as they earlier announced. Read more »

Pagpataw ng GCash ng singil sa bank transfer inalmahan

ABS-CBN News
Posted at Sep 27 08:41 PM

Umalma ang grupong Laban Konsyumer sa anunsiyong maniningil ang GCash sa transaksiyon sa ilang bangko simula Oktubre 1. Read more »

GCash, PayMaya to charge fees for fund transfers starting Oct. 1

ABS-CBN News
Updated as of Sep 26 10:14 PM

Selected commercial banks will begin charging a transaction fee for fund transfers into GCash and PayMaya using the InstaPay network. Read more »

Virus boosts 'send money' transactions in August: GCash

ABS-CBN News
Posted at Sep 18 09:24 AM

Overall transaction volume ballooned 1,000 percent in August, mobile wallet GCash said Thursday, as more Filipinos tap digital tools due to the coronavirus pandemic. Read more »

GCash expects P1 trillion in transactions by year-end as pandemic alters financial behavior

ABS-CBN News
Posted at Sep 10 03:41 PM

Mobile wallet provider GCash said Thursday it expected to handle at least P1 trillion in transactions by the end of the year as the COVID-19 pandemic alters consumer and financial behaviors.   Read more »

'As cheap as a haircut': 'Paperless' insurance to help consumers amid pandemic

Jessica Fenol, ABS-CBN News
Updated as of Sep 07 10:30 AM

Consumers seeking the help of digital tools during the COVID-19 pandemic can now use their mobile phones to buy select insurance products that are as cheap as a haircut or for just P30 per month, as GCash and insurer Singlife launch their partnership on Friday.  Read more »

Mga beneficiary ng SAP, target ng bagong scam

ABS-CBN News
Posted at Aug 05 08:59 PM

Nagbabala ang DSWD sa mga benipisyaryo ng SAP na mag-ingat para hindi mabiktima ng scam.    Read more »