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July 29, 2020

GCash urges companies to embrace digital finance




GCash for Business, the enterprise arm of GCash, the country’s undisputed top and preferred mobile wallet, is providing businesses of varying sizes with cashless solutions that empower them to do more with less. GCash for Business offers fast and easy salary disbursement, a customizable and flexible platform manager, and financial services for the everyday needs of their employees. 

As the country slowly adjusts to the new normal, business owners can stay ahead of the game by getting a suitable partner that can provide them with seamless and safe digital business solutions that enable them to adapt to the new normal. 

“With more and more people migrating to digital, cash-heavy sectors should embrace this new technology to adapt and mitigate the impact of pandemic. GCash for Business will not only make this easier for enterprises by providing them with concrete business solutions, but this will also help consumers with their transactions in the new normal,” Luigi Reyes, VP for Enterprise and Head of GCash For Business, said.

Aside from promoting a healthy merchant-customer relationship, GCash for Business also helps businesses in streamlining disbursement processes. GCash enables businesses to distribute payroll and allowances to employees through their GCash e-wallets, which can be linked to a GCash MasterCard. Employers may even use the GCash platform to provide rewards and incentives to their employees and customers.

Likewise, GCash for Business allows employers to capitalize on a platform manager that allows them to use digitalized solutions for timekeeping, business expense management, and payroll processing, among others.

Through the GCash platform, employees may also unlock the potential of digital finance, as various financial tools and services are made available to them. With their GCash wallets, they may transact with over 75,000 merchants, pay bills to over 400 billers, and send money to over 40 banks. They may also use the platform for savings, credit, insurance, and even investments.

The coronavirus pandemic resulted in a booming community of online businesses in a span of three months, paving the way for a cashless future for the Philippine economy. But even as lockdown restrictions begin to ease, digital payments are still expected to be a part of the new normal as safety and hygiene remain to be top priorities of enterprises to avoid a major spike in COVID-19 cases in the country.

Now, merchants are required to step up their game by integrating modern technology into their enterprise. This is where GCash for Business enters the picture. No matter the size of the business, from big corporates to microentrepreneurs, the country’s leading mobile wallet provides unique solutions to ensure a safe and secure cashless experience for both business owners and their customers.

“GCash has a very diverse community of business partners. GCash for Business makes sure that businesses of all types can maximize their partnership with us by giving them the best we can officer,” Reyes said.

Aside from upgrades in the digital front, partnership with GCash for Business also comes with a financial literacy program and a self-service expense management system. Merchants no longer have to worry about losing track of their business expenses because GCash will make sure that everything is in check.

“Anyone business that wants to thrive in the post-pandemic scene knows that GCash is the way to go. Not only do we have the largest user base in the country, we also have the widest range of services offered in the market. By tapping GCash for Business, enterprises may maximize their potential even during a national health crisis,” Reyes said.

Globe Fintech Innovations Inc. (Mynt), which operates GCash, is part of the portfolio companies of 917Ventures, the largest corporate incubator in the Philippines wholly-owned by Globe Telecom Inc.

Interested businesses may schedule an appointment with a GCash Sales representative through https://www.gcash.com/business.

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