Overview

Founded in 2004 in the Philippines, GCash is the most popular mobile payment, mobile wallet, and banking service in the country. The GCash mobile wallet and other GCash services are owned and operated by the Mynt company. The company was known as Globe Fintech Innovations. Mynt operates as a joint business between the Alibaba Group and Ant Group.?

As estimated in 2019, GCash was used on a regular basis by over 20 million people. Today, the company works with over 63,000 merchants and partners in the Philippines, including Ayala Malls Cinemas, Robinsons MovieWorld, 7Eleven, All Day Convenient Store, Lawson, Rose Pharmacy, Mercury Drug, Generika, KFC, Coffee Bean Tea Leaf, National Book Store, Bench, and numerous others.?

Thanks to the growing popularity of digital and mobile payment services in the Philippines, the number of active GCash customers more than doubled since 2019 to reach a figure of 46 million customers. As estimated in 2021, the company also works with over 2,5 million retail shops and merchants. With This being said, GCash is the ultimate leader when it comes to mobile payments in the Philippines.?

The GCash app was launched back in 2012. This was one of the crucial moves to move to a cashless system that GCash is known for today. In 2017, GCash also partnered with Facebook to integrate its mobile payment services with Messenger. The same was done by the company’s biggest competitor Maya. Three years after partnering with Facebook, the company also partnered with the Seven Corporation based in the Philippines. This partnership deal enables GCash customers to use their GCash apps to pay for products at 7Eleven stores. GCash offers a wide range of services as mentioned in the following section.?

• Bank transfer – Supported by over forty banking institutions, GCash customers can send and receive funds to their banking accounts using the GCash app.?
• GGives – GGives is a unique payment service launched by the company that allows GCash customers to purchase goods and services and pay in three, six, or twelve months.?
• GCash Padala – GCash Padala is a convenient, easy-to-use option for sending money locally and internationally to existing GCash users and those who do not use the service.
• GInsure – GInsure is a very affordable insurance policy started by the company that most GCash customers can easily set up within the GCash app.?
• GCash Pera Outlet – GCash Pera Outlet is yet another popular GCash payment service that offers hassle-free cash in and cash out options at a number of outlet venues.?
• GLoan – With GCash, Filipinos can also get instant cash loans up to ?25,000 and pay just ?2,730 per month.?
• GCredit – Regular customers of GCash can also easily extend their budget using GCredit services at very low interest rates and up to ?30,000 in the credit line.?
• GSave – With Gsave, GCash customers can also start their savings accounts within the app in just several easy steps.

What GCash Offers Clients?

With GCash, clients can enjoy substantially higher interest rates, allowing for greater savings, with no minimum deposit required. Plus, customers are not required to maintain a specific balance. All the financial services are fully accessible courtesy of the mobile application – GCash App. GCash offers a full suite of customer solutions (rapid and safe mobile payments) and business solutions (payment solutions and enterprise solutions).

In 2017, some 53 million Filipinos were without banking solutions. As a result, these people were required to spend significantly more on payments fees, particularly with remittances and bill payments. With GCash, substantial savings are possible, by making it easier for account holders to send money, save money, buy load, pay bills, and pay QR. Today, an estimated 20 million+ Filipinos use GCash to send money, save money, and pay bills.

Given that all transactions are processed directly through a smartphone, it confers additional money savings benefits, with greater convenience and customization features. Clients can use GCash for entertainment purposes, to deposit and withdraw from online casinos, to enjoy a night out on the town, or many other options. GCash services include a combination of Financial Services and Lifestyle Services.

Financial Services include bank transfers, investments, money savings, and GCredit. Lifestyle Services include a range of options such as KKB, money requests, Ang Pao, Send with a Clip, Online Shopping, Booking Movies, Paying Bills, Borrowing Load, Buying Load, Online Shopping, Online Gaming, and much more. Various promotional offers are provided to clients, such as the exclusive GCash Mastercard, and GCash Exclusives for TM.

GCash Lifestyle Financial Services

Aside from the financial services mentioned above, GCash also offers a wide range of other options to its customers. For instance, GCash customers can easily purchase game credits at no extra cost at a number of video gaming platforms. Buying airtime and load combos is also possible.?

The vast majority of retail shops in the Philippines that offer online shopping accept also accept payments made via GCash. GCash is also used for paying bills, sending gifts, and sending and receiving money both locally and internationally.?

Global Recognition

To date, GCash features 20 million+ registered users and 73,000+ partner merchants. Over the years, GCash has won multiple awards, including the Outstanding Partner for Digital Transformation – BSP In 2019, the Outstanding Partner for Innovative Financial Services - BSP in 2019, The Best Mobile Payment Service Award from Telecom Asia Awards in 2018, and Outstanding City Partner – City of Makati 2018. GCash has been featured in ranking websites, news sites, and online business portals, including Business World, Tech In Asia, Inquirer.net, and the Manila Bulletin.

With 73,000+, merchants, customers can shop across the board, including supermarkets, transportation options, retail options, pharmacies, lifestyle selections, services, convenience stores, restaurants, and entertainment options. GCash features a dedicated selection of social media options on Facebook, YouTube, Instagram, and Twitter. The help centre makes it easy to communicate with highly responsive customer support agents with FAQs, and online assistance.

How to make a deposit using GCash

In the following section, we take a look at the process of making an online casino deposit using GCash.

How to make a withdrawal using GCash

This is a step-by-step guide for making GCash withdrawals at online casinos.