GCash empowers businesses to thrive in new normal

GCash, the undisputed leader and preferred mobile wallet in the Philippines, is empowering businesses to transition into the new normal, providing a wide variety of digital financial tools and services that enable enterprises of varying sizes to serve their customers and employees.

As the government puts prime emphasis on the development of the digital economy, GCash is leading the financial technology (fintech) industry in providing necessary digital financial tools and services to enterprises that are adapting into the new normal.

“We at GCash are ready to provide critical digital financial tools to our enterprise customers to help them migrate into the digital realm. We fully support the government’s call for aggressive innovation and the shift to new digital technologies to help the economy bounce back,” GCash President Martha Sazon said.

For instance, GCash for Business, the enterprise arm of GCash, is offering a spectrum of business solutions that allow enterprises to integrate digital finance into their everyday operations.

GCash empowers businesses to easily disburse salaries, incentives, and allowances. Enterprises may process payrolls outside the office and during the weekends, as the mobile-first GCash portal is accessible anytime, anywhere, and through any device.

As the leading innovator in the local fintech scene, GCash is also complementing and upgrading the cash management systems of its enterprise partners. GCash provides a customizable and flexible platform manager which helps businesses in timekeeping, managing expenses, and processing employees’ payrolls.

With this, companies may manage HR operations anytime, anywhere -- from payroll disbursement, to creating more awareness, and providing greater rewards for customers. Businesses may offer their customers with a loyalty rewards program through the GCash platform.

Through its innovative and future-ready platform, GCash provides businesses with an employee database that automatically records transactions. This removes the need for manual record-keeping, as merchants have access to a digital transaction log.

“GCash is providing a safe, secure, and convenient platform for merchants to leverage. By partnering with GCash, businesses can easily transition into the so-called new normal, where digital transactions will soon become the norm,” Sazon said.

Department of Finance Secretary Carlos Domiguez earlier urged businesses to aggressively innovate, shift into digital technologies, and identify emerging business opportunities to help restart the economy, which was severely affected by the pandemic.

“We heed to the call of the government to promote digital technologies, and fintech could empower businesses to thrive in the new order. By digitalizing their operations, businesses may jumpstart their operations with a wider audience as they are now not limited by location,” Sazon said.

GCash currently has over 75,000 partner merchants across the archipelago, and this is expected to rise as more online businesses pop up to cope with the economic impact of the pandemic. GCash has also partnered with over 400 billers to provide bills payment solutions to GCash users.

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.