Tag: gcash

GCash is planning to add cryptocurrency to its services

GCash is an app that you can install on any of your devices—be it a smartphone or a tablet. It allows you to pay your bills, purchase goods and services, and even send or receive money wherever you are.

Mobile wallet GCash is exploring the possibility of adding cryptocurrency to its growing portfolio of financial products and services.

GCash president and chief executive officer Martha Sazon said the company, which is operated by Globe Fintech Innovations Inc., is looking into offering, buying, selling and storing cryptocurrency.

Payment app giants such as PayPal and Square currently allow users to buy and sell cryptocurrency.

GCash now allows its users to shop, save, invest, get insurance coverage, among others, through the app.

Through a feature in the app called GInvest, users are allowed invest for as low as P50 in professionally managed local and global funds.

Another feature called GInsure offers affordable insurance coverage for medical emergencies such as dengue, COVID-19, and accidents for as low as P300.

For easy money management, GSave is a fully digital, secure, and hassle-free savings account that was built in partnership with CIMB Bank.

It is fully accessible once the account is created and has no maintaining balance, no fees, and no initial deposit.

Source: PHILSTAR