Payoneer launched its partnership with GCash, the undisputed leading and preferred mobile wallet to 20 million Filipinos. This collaboration aims to gear up local MSMEs (micro, small, and medium enterprises) in accessing improved financial solutions by providing an avenue for smoother and more convenient online transactions.
Payoneer users will already be able to access their remittances anytime, anywhere, by simply linking their accounts directly to GCash. With over 20 million GCash users and 63,000 partner merchants, Payoneer users can now enjoy innovative ways to pay bills, shop, dine, and more, as they experience the features that come with GCash, the country’s leading mobile wallet.
Payoneer’s Regional Head of South East Asia and Pakistan and General Manager for Hong Kong Miguel Warren said, “At Payoneer, our work is to encourage businesses to defy limits by making cross-border payments more inclusive. Now that new lifestyles and habits emerge, we cater to our ever-evolving market by growing our services in partnership with GCash, allowing Filipinos to have more financial mobility, simply and safely from the convenience of their phones.”
The global partnership will help Philippine-based digital freelancers, online sellers, and entrepreneurs transfer income and funds online from international clients, GCash President Martha Sazon said.
“Receiving payouts or remittance funds globally and transferring that to your GCash account presents multiple benefits and rewards as you can use it to fit your needs in a faster and cheaper way, with more added value,” Sazon added.