GCash 's mobile payment application now offers its millions of users the possibility of making contactless payments with their NFC-equipped Android smartphone at over 150 million Mastercard payment points worldwide. Until now, cross-border payments via GCash were limited to some 50 local partnerships based on QR codes. This new feature changes all that. It transforms the Filipino digital wallet into a truly global means of payment, as convenient and easy to use as a bank card. In concrete terms, the tens of millions of GCash users no longer need to apply for a credit or debit card abroad: they can use their account directly to pay for their purchases, whether in a small local store or an international department store.
The leader in mobile payment in the Philippines has been multiplying its innovations for several months now. It has already forged a partnership with Tablevibe, to make meal delivery accessible, with numerous benefits and discounts on offer. GCsh is also much more than a payment and financial management application. In less than 4 years, the company has issued over 51 million insurance contracts, in a country where access to this service is still reserved for a very small proportion of the population.