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Saturday, June 27, 2020

GCash upsize user's wallet limit.


   GCash has given over a million of its valued users a surprise limit increase amid the global health situation to help more Filipinos to maximize the benefits of digital finance.

  Users may increase their wallet limits by linking their bank accounts or debit cards to their GCash wallets. Upsized wallets have a hold up limit of P500,000 per month. Bank accounts that enable users to raise their limits include BPI, UnionBank, and other locally-issued debit cards that are enabled by either MasterCard or Visa.
“Increasing the wallet limits of our users will definitely give our users more reasons to use GCash, especially now that digital services are on the rise, as strict health and physical distancing protocols have been put in place. Through GCash, they have the ability not only to pay for services, but also to save, invest, purchase insurance, and even tap into credit lines,” Martha Sazon, GCash President.
  Fully-verified GCash accounts with no linked bank accounts or debit cards have a wallet limit of P100,000.
“We have seen tremendous growth in both our user base and the use of our service. We are grateful for the opportunity to help in keeping people safe from the virus, while helping them cope through digitally-enabled services. This is our way of enabling people even better towards our journey to become a cashless society,” - Martha Sazon, added.
  For the first five months of 2020, GCash recorded unprecedented growth, with transactions ballooning by 700% year on year, as demand for digital finance continues to soar amid the global health situation.

  GCash has also been the top finance app in both Android and iOS since last month, and has consistently been included in the list of top apps next only to social media app TikTok and social conferencing app Zoom.

  GCash has also been the top finance app in both Android and iOS since last month, and has consistently been included in the list of top apps next only to social media app TikTok and social conferencing app Zoom.

GCash is available for download on the App Store and Google Play.

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