GCash Comes Out With Free Domestic Remittance Solution

Filipinos can now transfer and remit money at Zero Cost, anywhere, anytime within the Philippines by using GCash. 

Mynt, the company that operates GCash, Philippines’ largest mobile wallet recently announced that, for the 1st time in the Philippines, there is now a totally Free, convenient, fast, and accessible way of sending, and receiving money within the country. 

“We recognize that domestic remittance is a big concern for Filipinos. Today, sending, but also receiving money within the Philippines should be convenient, simpler, faster and… completely Free. This is why we at GCash decided to offer something unique: a totally free solution, open to all Filipinos using the GCash App - No hidden charges, no added fees. With GCash, Filipinos can now send AND receive money anywhere, anytime at Zero Cost,” said Anthony Thomas, Mynt CEO. 


Since many years, remittance has been a big part of the lives of many Filipinos. However, the different types of money transfer services have not matured for the past decade. The domestic remittance space in Philippines has largely been a cash-to-cash market, with the money flowing from several informal sources like from family and friends, where a significant portion of the money transfers usually take place in urban areas. Many Filipinos leave their hometowns to seek employment in nearby metro cities or other provinces far away from their loved ones. The lack of banking offices in several regions in Philippines has led to the emergence and growth of several known financial service providers which normally charge high fees for every money transfer transaction and will require both the sender and receiver to spend on transportation or other related costs.

Sending and receiving money through GCash is very simple. Whether you’re a smartphone user or a feature phone user, you can enjoy the free remittance service that GCash is offering, by creating an account either through the GCash App or even FB messenger. Once you’ve created an account, you can fund your GCash wallet at any of the 15,000 GCash Partner Outlets nationwide or transfer funds from your Bank account to your GCash Wallet. Once done, the customer just has to tap on the “Send Money” feature and follow the steps either in-App or through FB Messenger to transfer money at Zero cost for both senders and receiver. Money can be received instantly through the GCash app and FB Messenger and receivers may choose to remit it 24/7 at any Bancnet ATM or during business hours in GCash Partner Outlets near them.  

Share this

Related Posts

Previous
Next Post »

September 6, 2018

GCash Comes Out With Free Domestic Remittance Solution

| |

Filipinos can now transfer and remit money at Zero Cost, anywhere, anytime within the Philippines by using GCash. 

Mynt, the company that operates GCash, Philippines’ largest mobile wallet recently announced that, for the 1st time in the Philippines, there is now a totally Free, convenient, fast, and accessible way of sending, and receiving money within the country. 

“We recognize that domestic remittance is a big concern for Filipinos. Today, sending, but also receiving money within the Philippines should be convenient, simpler, faster and… completely Free. This is why we at GCash decided to offer something unique: a totally free solution, open to all Filipinos using the GCash App - No hidden charges, no added fees. With GCash, Filipinos can now send AND receive money anywhere, anytime at Zero Cost,” said Anthony Thomas, Mynt CEO. 


Since many years, remittance has been a big part of the lives of many Filipinos. However, the different types of money transfer services have not matured for the past decade. The domestic remittance space in Philippines has largely been a cash-to-cash market, with the money flowing from several informal sources like from family and friends, where a significant portion of the money transfers usually take place in urban areas. Many Filipinos leave their hometowns to seek employment in nearby metro cities or other provinces far away from their loved ones. The lack of banking offices in several regions in Philippines has led to the emergence and growth of several known financial service providers which normally charge high fees for every money transfer transaction and will require both the sender and receiver to spend on transportation or other related costs.

Sending and receiving money through GCash is very simple. Whether you’re a smartphone user or a feature phone user, you can enjoy the free remittance service that GCash is offering, by creating an account either through the GCash App or even FB messenger. Once you’ve created an account, you can fund your GCash wallet at any of the 15,000 GCash Partner Outlets nationwide or transfer funds from your Bank account to your GCash Wallet. Once done, the customer just has to tap on the “Send Money” feature and follow the steps either in-App or through FB Messenger to transfer money at Zero cost for both senders and receiver. Money can be received instantly through the GCash app and FB Messenger and receivers may choose to remit it 24/7 at any Bancnet ATM or during business hours in GCash Partner Outlets near them.  

0 comments:

Tech-related Tags

abenson abs-cbn mobile abs-cbn tv plus acer adspark airborne technologies alcatel allphones allwinner amd amlogic android android one ansons AOC apple arc mobile asus audio technica avant axions ballistic beyond the box blackberry Blackview bluelounge boompods braven brother bs mobile cannice canon carmudi cd r king cherry mobile cherry prepaid ckk mobile cloudfone cloudpad cmk cellphones coloud corning cubix dell devant digital walker digits trading ding ding technology dropbox dtc easy taxi edge hd ekotek exynos facebook firefly mobile firefox os fortinet fujidenzo fukuda gigahertz gionee globe grab grabexpress grabheli grabjeep grabtaxi hanabishi hisense honeywell honor hoomia hoomia earphones hooq hotel quickly hp htc huawei hyundai ibm idc iflix infinix infocus instagram intel ios iphone itunes jabra jobstreet kalibrr karbonn kata ken xin da kickstart ventures kimstore kingcom kirin konsulta md lamudi lazada leadcore lenovo level-up games lg line link messenger marshall mec mediatek meizu memoxpress microsoft microsoft lumia move msi-ecs myphone neo netflix nikon nokia novo 7 tech o+ olx philippines onda onemos onkyo oppo paymaya pc worx philips pineng pldt fibr pldt home power mac center powerocks prestigio prestiz promate pyxis qnet mobile qualcomm qube razer redfox remix mini remix mobile rockchip royqueen samsung shopify siena mobile skk mobile smart smart bro sony Soundfreaq spinnr spotify starmobile sun cellular talk n' text TCL tdk tech21 techbox philippines telego the diff thl tm torque twitter uber urbanears viber10 villman wellcom western digital widget city windows WSI xiaomi yoobao z h & k mobile zopo ZTE zuk