GCash, the Philippines' leading finance super app and largest cashless ecosystem, recently launched its strategic partnership with Xendit, a leading payment gateway in the Asia Pacific region. This collaboration is expected to streamline cross-border remittances, making it easier and more convenient for Overseas Filipinos to send money home.
L-R: GCash International Head of Sales and APAC Paolo Real, GCash International General Manager Paul Albano, Xendit Co-Founder, and Chief Technology Officer Bo Chen and Xendit Philippines Country General Manager Christian Reyes.
Xendit's extensive payment infrastructure is designed to enable key remittance players in the APAC region to facilitate transactions to GCash users in the Philippines via international remittance or overseas in the 16 markets where GCash is currently live for international mobile numbers.
“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 enable seamless and secure remittance transactions for GCash users, both domestically and internationally. This collaboration enhances cross-border remittances for millions of Filipinos. It strengthens our position as leaders in the fintech ecosystem, fostering greater financial inclusion and expanding our regional reach.”
Filipinos can expect to enjoy faster and more efficient remittances with this partnership. Users can now send money to GCash accounts with minimal processing time and fees. The partnership also leverages the widespread reach of both Xendit and GCash, making it easier and more convenient for users to send and receive money. Moreover, 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.
“At GCash, we prioritize finance for all Filipinos, whether in the Philippines or abroad,” says GCash International general manager Paul Albano. “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.”
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