GCash, PayPal launch improved cash-in experience for customers
Leading finance app GCash strengthens its partnership with multinational online payments provider PayPal to provide the freelancer and e-commerce entrepreneurs community in the Philippines with an improved cash-in experience.
From left: GCash AVP & head of international product Jules Abalos, VP & general manager of GCash International Paul Albano, G-Xchange, Inc. president and CEO Ren-Ren Reyes, PayPal International Markets director and regional head of market development Rohit Lokray and market development manager Sally Lee
Through this continued partnership, customers like remote freelancers and e-commerce entrepreneurs can enjoy the new and improved ‘PayPal Cash-In’ feature in the GCash app. By linking their PayPal accounts to GCash and cashing in at least once, they can get a P500,000 wallet limit, a more convenient cash-in process, and a safer experience.
Representatives from GCash and PayPal met at the GCash headquarters in Taguig, Philippines earlier this year to mark their stronger partnership. Officials from both organizations expressed their excitement for yet another milestone due to the synergy between the two giant fintech companies.
“We at GCash recognize the vital role of PayPal among remote Filipino workers, freelancers, and digital nomads. GCash will continue to be the best way to convert your funds from PayPal seamlessly,” said G-Xchange president and CEO Ren-Ren Reyes.
The new feature is set to take effect in March 2024. The launch emphasized GCash’s commitment to providing the most affordable and user-friendly financial experience through this pivotal role in serving the Filipino workforce. This development aims to empower a significant portion of the country’s workforce and online entrepreneurs, providing them with a seamless avenue for managing their finances.
“Linking a PayPal account to GCash and cashing in is the fastest, most affordable, and seamless end-to-end experience so far,” said GCash International general manager Paul Albano.
The collaboration between GCash and PayPal proves to be another step closer to financial inclusion. GCash remains the unparalleled solution in the Philippines for seamlessly converting funds from PayPal.
For more information, visit: https://help.gcash.com/hc/en-us/articles/360020281973-Cash-in-via-PayPal
About GCash
GCash is the Philippines’ #1 Finance Super App. Through the GCash App, users can easily purchase prepaid airtime; pay bills via partner billers nationwide; send and receive money anywhere in the Philippines, even to other bank accounts; purchase from over 6 million partner merchants and social sellers; and get access to savings, credit, loans, insurance and invest money, and so much more, all at the convenience of their smartphones. GCash’s mobile wallet operations are handled by G-Xchange, Inc. (GXI), a wholly-owned subsidiary of Mynt, the first and only duacorn in the Philippines which is a part of the country’s leading digital solutions platform, Globe Group.
GCash is a staunch supporter of the United Nations Sustainable Development Goals (SDGs), particularly UN SDGs 5,8,10, and 13, which focus on safety & security, financial inclusion, diversity, equity, and inclusion as well as taking urgent action to combat climate change and its impacts, respectively.
