GCash is recognized as Best Mobile Wallet

GCash is recognized by the international journal Pan Finance as PH's
'best mobile wallet'

GCash, the Philippines' leading finance app and cashless ecosystem, gained international recognition again after being named the country's Best Mobile Wallet for 2024 by the global financial intelligence journal Pan Finance.


In its Q1 2024 magazine, Pan Finance recognized GCash holding company Mynt as a 'leader in mobile financial services', focused on 'accelerating financial inclusion through mobile money, financial services, and technology.'

Pan Finance highlighted the two companies under Mynt: GCash's mobile wallet operator G-Xchange, Inc. (GXI) and tech-based lending company Fuse, which gives Filipinos access to personal and business loans.

"We at GCash are thankful for this recognition. This highlights GCash's transformative role in the Philippines' journey from financial inclusion to financial progress," said GCash President and CEO Martha Sazon.

Pan Finance also highlighted Mynt's initiatives to support the United Nations Sustainable Development Goals, namely goals #5 (gender equality), #8 (decent work and economic growth), #10 (reduced inequalities), and #13 (climate action).

This citation highlights GCash's efforts to provide easy access to much-needed financial services to the underserved, especially women, who comprise more than half of the app's client base. GCash is also notably close to gender parity in its workforce, with 47% being women – well above the global standard of 28%. GCash has also utilized innovative technologies to engage its users and tangibly contribute toward climate action through GForest.

"It's heartwarming to be recognized for these causes that are close to our heart at GCash," Sazon said. "Gender Equality & Sustainability play a crucial role in our evolving success story."

The global financial intelligence journal said its annual Pan Finance Awards is a 'true indicator of excellence' as it 'identifies organizations and individuals who have excelled in their fields.'

Pan Finance reports a readership of more than 200,000 people across 15 countries.