GCash partners with Ria Money Transfer to provide seamless international remittance services for Filipinos

GCash, the Philippines' leading finance app and largest cashless ecosystem, has partnered with Ria Money Transfer (Ria), global leader in the cross-border money transfer industry and business segment of Euronet Worldwide, Inc. (NASDAQ: EEFT), to make sending money home more seamless, convenient, and affordable for Filipinos around the world.

Throughout this partnership, Filipinos in the U.S., Australia, Singapore, Middle East, and across Europe can now remit funds straight to their families’ GCash digital wallets even without a GCash Overseas account. The benefits of sending money to GCash via Ria include real-time receiving anytime and anywhere, low service fees, and competitive and transparent exchange rates.

The collaboration with Ria, which has an extensive network of more than 595,000 locations in nearly 200 countries and territories, is part of GCash’s active push to expand overseas alongside global remittance partners.

"We're continuing to strengthen partnerships around key corridors so we can help Filipinos wherever they may be. We are also strengthening our presence in Ria money transfer stores all over the world as a sign of our commitment to grow with Ria," said GCash International General Manager Paul Albano.

"At Ria, we partner with companies that share our vision to connect families, friends and communities,” said Steve Peregrino, Regional Director of Business Development at Ria Money Transfer. “We look forward to working closely with GCash allowing us to provide all Filipinos worldwide with seamless service”.

We also look forward to working closely with GCash to connect families, friends and communities across the globe," said Steve Peregrino, Regional Director of Business Development at Ria Money Transfer. "Our shared vision is to bridge the distance between all Filipinos worldwide through seamless financial transactions."

GCash's push towards overseas expansion also seeks to boost Philippine remittances, which contributed 8.5% to the Gross Domestic Product or GDP in 2023, according to data from the Bangko Sentral ng Pilipinas.

"With a stronger economy through remittances, we empower both Filipinos here and abroad. This is in line with our commitment towards Finance For All–making it easier for Filipinos, wherever they may be, to access financial services conveniently," Albano added. "This is part of GCash's push to help Filipinos thrive everyday, prepare for rainy days, and prepare for that 'one day' of their dreams–wherever they may be in the globe or wherever their loved ones are."