GCash, the country’s top finance super app, on Tuesday bared expanding its services globally through partnership with Visa.
The partnership allows GCash users to make cashless transactions with over 80 million merchants across 200 countries. In addition, GCash users can pay with GCash in establishments that accept Alipay+ by either scanning their QR codes or generating a code.
“Through GCash services, Filipino travelers as well as those who live and work overseas can enjoy the same benefits as those who own credit cards and bank accounts. They can use the app to pay in stores and establishments that accept Alipay+ or accept card transactions,” Sazon said.
GCash has been expanding its reach beyond Philippine shores through its partner, global payments giant Alipay+, by allowing travelers to use the e-wallet for cashless transactions in 17 countries such as Singapore, Japan, and the USA. It has enabled users overseas to sign up for GCash using international mobile numbers in six countries including the USA, Italy, and Japan.
GCash’s new feature in the app also allows its users to view real-time foreign exchange rates in select countries such as Singapore, Japan, and the USA.
On top of its international expansion, the fintech company has begun beefing up its services for enterprise customers.
Aside from providing digital financial tools for enterprise clients, GCash also offers partner marketing solutions to businesses both big and small and leveraging the app’s massive reach. It is also giving more focus on how it can help in the digital transformation of nano, micro, small, and medium enterprises (NMSME) with a suite of innovative business solutions.
GCash is the Philippines’ only double unicorn with a valuation of over USD2 billion. It has evolved beyond its core money transfer business – offering other financial services such as fair lending, investment, insurance, cryptocurrencies, and other lifestyle services.
