20 fun facts you might not know about GCash

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MANILA, PHILIPPINES — GCash has been transforming how Filipinos manage their finances for 20 years. But there’s more to this financial super app than meets the eye.

Here are 20 things you might not know about GCash:

1. GCash began as a simple SMS service
   • When GCash launched in 2004, it was an SMS-based service that allowed users to send money via text.
2. GCash is used by 94 million people
   • As of 2023, GCash has over 94 million users, covering a large portion of the adult population in the Philippines, even outside of Metro Manila.
3. GCash’s reach is expanding
   • While GCash is primarily available in the Philippines, the app is working to expand its services expanding its reach to 16 international markets. OFWs and Filipinos abroad benefit from cross-border payment solutions.
4. GCash is helping drive financial literacy
   • Through its in-app resources and partnerships with educational institutions, government agencies, and nonprofits, GCash provides financial education programs. This helps Filipinos manage their money, protect their digital accounts, and make informed financial decisions.
5. GCash is more than just an e-wallet, it’s a Financial Super App
   • GCash goes beyond sending money. It allows users to pay bills, invest, save, buy insurance, and even trade crypto, all in one app.
6. GCash is a pioneer in financial inclusion
   • GCash has brought digital financial services to millions of underserved and unserved Filipinos, helping them conveniently access relevant and secure financial tools.
7. GCash pioneered QR Payments in the Philippines
   • In 2017, GCash became the first to launch QR payments in the Philippines, revolutionizing cashless transactions. The feature allows users to make secure payments by scanning a QR code, now widely accepted across businesses.
8. You can now insure your money transfers
   • GCash Send Money Protect (Scam Insurance) insures Express Send money transfers up to PHP 15,000 against fraud. For just PHP 30 a month, you can send money with peace of mind and get protection from social engineering and account takeover scams.
9. GCash supports over 200 local and international billers
   • GCash’s Pay Bills feature allows users to settle payments with hundreds of billers, from utilities to government services, from the comforts of your home.
10. GCash enables six million merchants and social sellers
    • GCash powers payments for over 6 million merchants and social sellers, offering fast, secure, and contactless transactions. By simplifying payments, GCash helps businesses grow and manage their operations with ease.
11. GCash offers loans without the hassle
    • With GCredit, GLoan and GGives, users can access credit and loans without needing a traditional bank account, offering fast, convenient and fair financial solutions.
12. GCash helps you build wealth with GFunds
    • Through GFunds (formerly GInvest), users can invest in professionally managed funds with as little as PHP 50, making investing accessible to all.
13. You can get crypto with GCash
    • GCash users can buy and sell Bitcoin and other digital currencies via GCrypto, making it easy to dip into cryptocurrency investments.
14. GCash makes travel easier with GSave and Tax Refunds
    • Travelers can get tax refunds on purchases made abroad, particularly in Europe, helping them save while shopping internationally.
15. GCash Jr. empowers teens with financial independence
    • GCash Jr. gives teens aged 12 to 17 their own e-wallet, allowing them to manage money, make purchases, and pay bills. With exclusive offers and rewards, it helps teens develop smart saving habits early.
16. GCash innovates with Borrow Load
    • GCash’s Borrow Load feature ensures users never run out of mobile load, allowing them to borrow load credits and stay connected.
17. GCash launched GSave to promote saving habits
    • With GSave, users can open a savings account with no minimum balance, making it easier for Filipinos to build savings without the hassle of traditional banking.
18. GCash is pushing sustainability efforts
    • Through GForest, users can plant virtual trees with every transaction, which GCash and its partners turn into real trees in our collective pursuit of climate action and socio-economic impact efforts.
19. GCash is always innovating with new features
    • From Send Money Protect to GJobs, GCash is constantly introducing new features that enhance user experience with soon to be launched innovations like Tap to Pay for public transport, and first of its kind in the country, Watch Pay for smartwatch payments.
20. GCash supports local entrepreneurs
    • GCash plays a crucial role in empowering micro, small, and medium enterprises (MSMEs) by providing easy access to digital payments. This helps businesses  transition to cashless operations, grow their businesses, and serve their customers.

GCash has redefined financial management for millions of Filipinos, but its journey is far from over. Expect even more innovative features and expansions as GCash continues to push the boundaries of financial technology.

Stay tuned for more announcements as the #GCash20 celebration continues by following @gcashofficial on Facebook and Instagram.