GCash, Globe Telecom’s mobile wallet, on Thursday secured the approval of the Bangko Sentral ng Pilipinas (BSP) to use the e-wallet overseas using international SIM cards.
“We continue to make a difference in Filipinos’ lives by making financial services easier and more accessible to our now 76 million-strong registered users. With around 10 million Filipinos living abroad, we want them to also be able to take advantage of GCash services even as they use international SIMs,” Martha Sazon, GCash president and chief executive said.
“As more people put their trust in GCash, we strive to remove more barriers and create a better experience for all,” she added.
Under the beta launch of GCash Overseas, only the first 1,000 users from Japan, Australia, and Italy can access GCash with an international SIM card.
Once they are fully verified, Filipinos overseas regardless of their SIM card can begin signing up for GCash and support their families back home by sending money for free (GCash-to-GCash), paying for bills on time, and instantly buying them load credits with just a few taps on the app.
The beta mode will run for a limited time only and the full launch is expected later this year.
GCash has also been doubling down on its international expansion through a partnership with global payments platform, Alipay+.
Aside from GCash Overseas, the service may now be used in select merchants across countries like Japan, South Korea, Singapore, Malaysia, and Qatar as well as top European destinations like the United Kingdom, France, Germany, and Italy.
GCash offers its users a wide variety of accessible financial products and services, such as send money, buy load, and pay bills.
Users can explore other innovative financial services to jumpstart their journey towards their financial goals through GSave, GInsure, and GInvest.
