MANILA, PHILIPPINES — GCash, the Philippines’ leading finance app and largest cashless ecosystem, has partnered with one of the world’s largest cross-border money transfer platforms, Ria Money Transfer, to make sending money home more seamless, convenient, and affordable for Filipinos globally.
Thanks to the partnership, Filipinos in the US, Australia, Singapore, and across Europe can now remit funds straight to their families’ GCash digital wallets even without a GCash Overseas account. Some 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 507,000 locations in 160 countries, is part of GCash’s active push to expand overseas through partnerships with 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.
“We look forward to working closely with GCash to connect families and friends across the globe,” said Steve Peregrino, Regional Director of Business Development at Ria Money Transfer. “Our shared vision is to bridge connections among Filipinos worldwide and facilitate 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,” Paul 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.”
