The Asian Banker Tuesday, 17 December 2024

Best Digital Wallet is GCash Philippines

5 min read

  • 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.
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