Finance super app GCash unveiled 10 innovations at GCash FutureCast, its biggest annual event. These new features will “empower Filipinos to be future-ready” and suit the changing needs of Filipinos in a global digital financial landscape.
Here are the 10 innovations announced:
GStocks PH. AB Capital Securities, Inc.’s (ABCSI) online retail securities trading services is now made accessible through the GCash app. Its user-friendly and simplified trading interface was designed through collaboration with the Philippine Stock Exchange. Through GStocks PH, users can now trade stocks of over 280 local companies.
GCrypto. Get access to curated NFT collections, like The House of Ohlala by Filipino contemporary artist Reen Barrera on the GCrypto NFT Hub. Buying and selling Crypto is also made easier with an exchange powered by homegrown cryptocurrency exchange PDAX.
Ginsure Online Shopping Protect. For just P34, you can get a 60-day insurance for your online purchases up to P20,000. The insurance covers scenarios when orders are not delivered, are accidentally damaged, are not as described, or are stolen. The insurance product, powered by Chubb, is embedded in the user’s online GCash payment journey across 1,500 online shops and platforms.
GCash Global Pay. Filipino travelers can now do cross-border QR payments at Alipay+ merchants in Singapore, Malaysia, Japan, South Korea, Qatar, Germany, Italy, France, and the United Kingdom. This eliminates the hassle of paying with cash, or withdrawing money at ATMs. What’s more, GCash Global Pay offers real-time forex charging, with no service fees.
GCash Visa Card. Available later this year, the new GCash card gives travelers the advantage of real-time forex charging at low exchange rates and no service fees. With this, users can access their funds in a single tap or swipe at over 100 million shops across 200 countries and territories around the world through VISA’s expansive network.
GCash Overseas. This feature allows overseas Filipinos in Japan, Australia, Italy, USA, UK, and Canada to download and sign up for GCash using their international SIM cards. Now they can send money, buy load, and pay bills for their loved ones back home.
GGives. You can buy now, pay later with zero credit cards, zero additional documents, zero down payment, and now with zero interest at select merchants.
Borrow Load. This feature, which will roll out to more users soon, allows eligible users to borrow their favorite load promos today at zero cash out.
GChat. This new, user-friendly messenger feature makes it easier to chat and transact with contacts, share receipts instantly, and trace transaction histories.
DoubleSafe. This security feature prevents fraudsters from taking over accounts by providing an additional layer of security on top of the 2-Factor Authentication and mobile pin (MPIN). DoubleSafe will be activated for every first log-in to a new mobile phone, and will use facial recognition to secure an account should the user inadvertently share their MPIN and OTP with fraudsters.