GCash, the leading mobile wallet in the country, has launched its partnership with Payoneer creating seamless global to local payment transactions.
With over 20 million GCash users and 63,000 partner merchants, Payoneer users can now enjoy innovative ways to pay bills, shop, dine, and more, as they experience the features that come with GCash, the country’s leading mobile wallet.
Payoneer users can already be able to access their remittances anytime, anywhere, by simply linking their accounts directly to GCash.
“At Payoneer, our work is to encourage businesses to defy limits by making cross-border payments more inclusive. Now that new lifestyles and habits emerge, we cater to our ever-evolving market by growing our services in partnership with GCash, allowing Filipinos to have more financial mobility, simply and safely from the convenience of their phones,” said Miguel Warren, Payoneer’s Regional Head of South East Asia and Pakistan, and General Manager – Hong Kong.
This would also gear up local MSMEs (micro, small, and medium enterprises) in accessing improved financial solutions by providing an avenue for smoother and more convenient online transactions.
The partnership was timely in light of the continuing pandemic, which only heightened and drove new market behaviors, businesses and private individuals adapt by exploring online commerce opportunities in the new normal.
With the COVID-19 pandemic, more than ever, Filipinos embrace contactless payment options, in observance of physical distancing measures and other safety protocols.
Warren said that Payoneer’s mission is to empower businesses to go beyond – beyond borders, limits and expectations. In today’s digital world, Payoneer’s platform streamlines global commerce for millions of businesses from 200 countries and territories, delivering a suite of services including cross-border payments, working capital, tax solutions, merchant services and risk management.