GCash honors workers with innovative and relevant digital financial solutions

Filipino workers are known all over the world for their hard work, reliability, and resilience. To honor their invaluable contribution to nation-building, especially on Labor Day, GCash, the country’s leading mobile wallet, has introduced innovative and relevant digital financial solutions to help Pinoy workers secure and grow their hard-earned money while making their lives better and easier.

Through products like the new GCash Padala, GCash Send Money, GSave, GCredit, GInsure, GGives, and GLoans, Pinoy workers now have access to financial products and services developed to suit their needs and lifestyles.

“We salute our Filipino workers — here and overseas as they are the lifeblood of our economy. At GCash, we honor their hard work by constantly looking for innovative digital solutions to make their lives better and richer, while ensuring no one is left behind,” said GCash President and CEO Martha Sazon.

Aside from the GCash Send Money feature which allows workers to send money for free to over 55 million registered users, the new GCash Padala feature allows them to remit funds real-time anywhere in the Philippines, to families and loved ones who have no GCash account. It’s secure, fast and affordable — receivers only need to show one Valid ID to claim transactions through over 60,000 GCash partner outlets nationwide.

In line with its mission to push for financial inclusion among Filipinos, GCash partnered with CIMB Bank to help workers grow their money through GSave, which offers 5% interest per annum until June 30, 2022.

To help extend the purchasing power of Pinoy workers, GCash offers GCredit, which is the GCash user’s personal credit line within the GCash app. This feature gives users access to credit of up to Php100,000.

Short on cash but need to stock up on your essentials? No worries - GCash allows Filipino workers to shop for anything they want and pay for them later with the GGives and GLoans features. With the GGives feature, customers, especially the hardworking laborers, can now shop from their favorite brands, treat themselves on their payday, or buy gifts for their loved ones, buy big-ticket items up to Php50,000, and pay for them later through easy “gives” or installments.

On the other hand, the GLoans feature on the GCash app allows eligible users to borrow funds of up to Php50,000 with no documents required and get it in the form of actual cash in their GCash wallet, which Filipinos can use for emergencies, travel, small business, home renovation, gadget, and lifestyle upgrade.

With all these features now within their easy reach, Filipino workers really have a lifeline with GCash!

To further protect them from life’s uncertainties, including health setbacks, GCash, together with Singlife, an insurance and investment provider, launched the GInsure feature on the GCash app which allows Filipinos to live a worry-free life by offering affordable and flexible insurance products with up to 36-month coverage for health, sickness, accidents, income loss and more for as low as Php300 per year.