The collaboration between GCash, a leading finance app, and multinational online payments provider PayPal is being further strengthened to enhance the cash-in experience for freelancers and e-commerce entrepreneurs in the Philippines.
Through this extended partnership, individuals such as remote freelancers and e-commerce entrepreneurs can now benefit from the upgraded ‘PayPal Cash-In’ feature within the GCash app. By simply linking their PayPal accounts to GCash and completing at least one cash-in transaction, users can unlock a wallet limit of up to P500,000, along with a more streamlined cash-in process and enhanced security measures.
Officials from GCash and PayPal convened at the GCash headquarters in Taguig, Philippines earlier this year to mark this deeper collaboration. Representatives from both entities expressed their enthusiasm for reaching another significant milestone driven by the synergy between these two prominent fintech companies.
Ren-Ren Reyes, President and CEO of G-Xchange, emphasized GCash’s recognition of PayPal’s importance to Filipino remote workers, freelancers, and digital nomads. He affirmed GCash’s commitment to providing the most seamless conversion of funds from PayPal, ensuring a hassle-free experience for users.
The newly introduced feature is scheduled to roll out in March 2024, underscoring GCash’s dedication to offering an affordable and user-friendly financial platform that caters to the needs of the Filipino workforce. This initiative aims to empower a substantial segment of the country’s workforce and online entrepreneurs, offering them a convenient avenue for managing their finances.
Paul Albano, General Manager of GCash International, highlighted that linking a PayPal account to GCash and initiating cash-in transactions presents the fastest, most cost-effective, and seamless end-to-end experience to date.
The ongoing collaboration between GCash and PayPal represents a significant stride toward financial inclusion. GCash continues to stand out as the premier solution in the Philippines for seamlessly converting funds from PayPal, further solidifying its position as a leader in the fintech landscape.
For more information, visit: https://help.gcash.com/hc/en-us/articles/360020281973-Cash-in-via-PayPal
