GCash is celebrating its 20th anniversary, marking two decades of changing the way Filipinos handle their money. GCash isn’t just another e-wallet; it’s a financial powerhouse that has shaped the digital finance landscape. Here are 20 facts about GCash you might not know, from its beginnings as an SMS service to its push for international expansion.
1. GCash’s humble start
In 2004, GCash was a simple SMS-based service that allowed Filipinos to transfer money via text.
2. A growing family of 94 million
Today, over 94 million people use GCash, with users all over the Philippines, even in remote areas outside Metro Manila.
3. Expanding beyond borders
GCash has set its sights on 16 international markets, helping Filipinos abroad make cross-border transactions with ease.
4. Empowering through financial literacy
With partnerships and in-app resources, GCash educates Filipinos on managing their finances, boosting digital safety, and making informed money decisions.
5. More than an e-wallet
GCash offers more than just transfers. It’s a financial super app for payments, investments, savings, insurance, and even crypto trading—all in one place.
6. Leading in financial inclusion
GCash has brought secure digital services to underserved communities, offering vital financial tools to more Filipinos.
7. The first to launch QR payments
In 2017, GCash introduced QR payments in the Philippines, making cashless transactions safer and easier for businesses and consumers alike.
8. Peace of mind with Send Money Protect
For a small monthly fee, GCash protects transfers with Send Money Protect, covering fraud protection up to PHP 15,000.
9. Connecting with hundreds of billers
GCash’s Pay Bills feature covers over 200 billers, from utilities to government services, all from the comfort of home.
10. Supporting 6M merchants and sellers
With fast, secure transactions, GCash supports payments for over 6 million sellers, helping businesses grow and serve customers better.
11. Credit made simple
Through GCredit, GLoan, and GGives, GCash provides access to hassle-free credit without needing a traditional bank account.
12. Investing made easy with GFunds
For as little as PHP 50, users can invest in funds with GFunds, making wealth-building accessible.
13. Crypto at your fingertips
With GCrypto, GCash users can now buy and sell cryptocurrencies like Bitcoin.
14. International tax refunds
For travelers, GCash offers tax refunds on international purchases, helping save on shopping abroad.
15. Financial independence for teens
GCash Jr. empowers teenagers with financial independence, letting them manage their own money while learning smart saving habits.
16. Borrow mobile load
With Borrow Load, users can borrow load credits to stay connected anytime.
17. Encouraging savings with GSave
Through GSave, users can open no-minimum-balance savings accounts, making it easy to build savings.
18. Promoting sustainability with GForest
Through virtual trees and real-world planting, GForest lets users contribute to climate action with every transaction.
19. Innovating with new features
GCash continually evolves with features like GJobs and Tap to Pay for transport, and even smartwatch payments with Watch Pay.
20. Helping local entrepreneurs
GCash supports MSMEs by providing digital payments that simplify operations and drive business growth.
What’s next?
With 20 years behind it, GCash isn’t slowing down. As the #GCash20 celebration continues, keep an eye out for new features and expansions. Follow @gcashofficial on social media to stay updated on this journey.