This winning product serves 83% of the country’s adult population with a complete suite of products and services including foreign exchange, investments, savings accounts, buy-now-pay-later (BNPL), crypto trading, prepaid load, bills payment, money transfers, donations and e-commerce.
The product’s customer base increased 150% reaching 76 million customers in 2022, up from 30 million in 2020
The product is one of the largest digital ecosystems in its market, serving 5.8 million merchants and social sellers in the country. Moreover, it has disbursed loans amounting to $1 billion to 2 million borrowers.
For offering a fully-digital savings account, investment marketplace features, mobile credit line, BNPL financing, crypto trading and serving 83% of the country’s adult population, the Best Digital Wallet is GCash Philippines.