MANILA, Philippines — Cellular pockets GCash is increasing its monetary companies and merchandise by transferring into the cryptocurrency area to cater to the evolving wants of its customers.
“Our customers get pleasure from seamless transactions with GCash. They’ll purchase and pay crypto immediately from their GCash e-wallets. That is very excellent, particularly for many who are simply beginning to enterprise in cryptocurrency,” GCash vice chairman and head of cryptocurrency Neil Trinidad stated.
GCash allows customers to conveniently purchase cryptocurrency or crypto, a digital or digital foreign money that’s secured by cryptography, at very inexpensive charges throughout fashionable crypto exchanges equivalent to Binance, Philippine Digital Belongings Trade (PDAX), and Paxful.
The cellular pockets stated many extra crypto exchanges could be added quickly.
“With the continued growth of the digital age, it’s important for monetary establishments like GCash to maintain up with the tendencies and clients’ preferences, like cryptocurrency. And at GCash, we’re doing simply that to additional improve the shoppers’ expertise and allow them to energy up their funds for higher lives. GCash may also proceed to innovate and supply protected, related, and accessible monetary companies for all,” GCash president and CEO Martha Sazon stated.
GCash assured the general public that the safety and security of each crypto person in its platform is prioritized.
With over 55 million registered customers, GCash is broadly accepted throughout crypto exchanges for cash-in or peer- to- peer transactions.
Apart from being a cost technique on crypto exchanges, GCash eyes to broaden its funding merchandise to additionally cowl inventory buying and selling.
GCash presently affords its customers all kinds of handy options, equivalent to GInvest for investments, GSave for a financial savings account, GCredit for a credit score line, GInsure for insurance coverage, and GLife for e-commerce looking for necessities, amongst others.
GCash greater than tripled its gross worth transactions in 2021 because the platform sustained sturdy patronage amongst customers.
Gross transactions dealt with by GCash reached P3.8 trillion final 12 months, up 217 % from the P1.2 trillion recorded the earlier 12 months.