#GCash has launched a strategic partnership with #Xendit, a prominent payment gateway in the Asia Pacific region. This collaboration aims to streamline cross-border remittances, making it easier and more convenient for Overseas Filipinos to send money home.
Extensive Payment Infrastructure
Xendit’s extensive payment infrastructure enables key remittance players in the APAC region to facilitate transactions to GCash users, whether they are in the Philippines or in the 16 markets where GCash is currently live for international mobile numbers.
Transforming Digital Payments
“Our partnership with GCash is a significant milestone in our mission to transform digital payments and drive financial inclusion across the APAC region,” says Christian Reyes, Country General Manager of Xendit Philippines. “By leveraging Xendit’s robust payment infrastructure, we’re enabling seamless and secure remittance transactions for GCash users, both domestically and internationally. This collaboration not only enhances cross-border remittances for millions of Filipinos but also strengthens our position as leaders in the fintech ecosystem, fostering greater financial inclusion and expanding our reach in the region.”
Benefits for Filipinos
With this partnership, Filipinos can expect faster and more efficient remittances. Users can now send money to GCash accounts with minimal processing time and fees. The partnership leverages the widespread reach of both Xendit and GCash, making it easier and more convenient for users to send and receive money. Additionally, by providing a more accessible and affordable remittance solution, the partnership contributes to the country’s financial inclusion journey and the economic empowerment of Filipinos.
Commitment to Financial Inclusion
“At GCash, we prioritize finance for all Filipinos whether they are in the Philippines or abroad,” says Paul Albano, GCash International General Manager. “With our partnership with Xendit, and our robust ecosystem of financial products embedded in our app, we make it easier for Filipinos to remit and connect back home.”
FAQs
Q: What is the GCash and Xendit partnership about? A: The partnership between GCash and Xendit aims to streamline cross-border remittances, making it easier and more convenient for Overseas Filipinos to send money home.
Q: How does Xendit’s payment infrastructure benefit GCash users? A: Xendit’s extensive payment infrastructure enables seamless and secure remittance transactions for GCash users, both domestically and internationally.
Q: What are the benefits of this partnership for Filipinos? A: Filipinos can expect faster and more efficient remittances with minimal processing time and fees, contributing to financial inclusion and economic empowerment.
Q: How does this partnership contribute to financial inclusion? A: By providing a more accessible and affordable remittance solution, the partnership supports the country’s financial inclusion journey and empowers Filipinos economically.
Q: Who are the key figures in this partnership? A: Christian Reyes, Country General Manager of Xendit Philippines, and Paul Albano, GCash International General Manager, are key figures in this partnership.