MANILA, Philippines — Mobile wallet GCash continues to provide convenience to the market.
Gcash forged separate partnerships with content technology and solutions company SPi Global and Silicon Valley-backed payments facilitator PayMongo.
The partnership with SPi Global will enable the company’s employees to receive rewards and incentives through GCash PowerPay+.
“Providing disbursement solutions to companies is among the commitments of GCash. By assisting businesses with the payroll solution we offer, we embed their employees to the possibilities of mobile finance,” GCash chief commercial officer for transfers Fred Levy said.
Prior to PowerPay+, SPi Global offices in the country had already implemented a cashless system for its in-house cafeterias through GCash.
With GCash now providing disbursement solutions to SPi Global, the two companies have advanced their partnership to offer more options in cash management for employees.
“This partnership demonstrates the continuous commitment of SPi Global to make life better for its employees. With GCash’s PowerPay+, we can now easily disburse portions of allowances, benefits, and incentives to our employees. More than that, it opens them to a diverse set of financial services which the app offers,” SPi Global chief people officer Marie Ampeloquio said.
Meanwhile, GCash has also teamed up with PayMongo to provide an expanded mobile payments platform for micro-, small and medium enterprises (MSMEs) in the country.
GCash is now live on the PayMongo site as a payment method for thousands of online sellers. PayMongo has 3,500 merchant accounts on its platform.
“A strong cashless ecosystem will benefit MSMEs, who are the backbone of our economy. With PayMongo, GCash will help social and online entrepreneurs to optimize their businesses and grow in the internet economy,” said Anthony Thomas, president and chief executive officer of GCash.
“Our vision of building the financial infrastructure to grow the internet economy faster needs partners like GCash that provides every person an ability to participate and thrive in this digital age,” PayMongo CEO Francis Plaza said.
GCash has 20 million users and more than 50,000 partner merchants.