GCash, the mobile wallet of Globe Telecom Inc., has expanded its remittance service to Filipinos without any e-wallet account in a bid to keep its position as the number one fintech company in the country.
The company’s new remittance feature called “GCash Padala” allows Filipinos without any e-wallet account to receive money in real time anywhere in the Philippines via the GCash app.
Winsley Bangit, GCash chief customer officer, said the new feature will benefit not only the growing regular customers of GCash, but also those who remain reluctant of getting into the financial technology (fintech) market.
GCash has over 40 million users.
“GCash Padala is one way of making our services available to those who have not yet downloaded the GCash app. Our reasonable fees for processing remittances through GCash Padala can hopefully help us stay competitive in the financial services market,” Bangit said.