UPDATE (July 8, 2020): On July 6, 2020, GCash has suspended its Cash via Bank Card service until further notice. Users may still Cash In for free via BPI and UnionBank in the GCash App, or via BDO, Metrobank, etc. GCash has announced that they will be charging for their Cash In service via MasterCard and Visa. Mynt, the fintech company behind GCash, has authorized the filing of a registration statement with the Securities and Exchange Commission (SEC) and a listing application with the Philippine Stock Exchange (PSE) as part of a potential initial public offering (IPO). Founded in 2015, Mynt operates GCash, which traces its roots to a mobile money remittance service launched in 2004. GCash is set to roll out in-app one-time passwords (OTPs) beginning June 22, replacing traditional SMS-based verification codes as part of efforts to strengthen account security and combat online fraud. With the updated approach, OTP codes will be sent via secure push notifications inside the authenticated GCash app. GCash has expanded its in-app help tools and security features to address a growing number of user issues on its platform, including unauthorized transactions, scams, account takeovers, and “wrong send” errors. Read more in our articles including "GCash to charge Cash In via Mastercard/Visa" and "GCash parent company Mynt plans IPO on Philippine Stock Exchange".
UPDATE (July 8, 2020): On July 6, 2020, GCash has suspended its Cash via Bank Card service until further notice. Users may still Cash In for free via BPI and UnionBank in the GCash App, or via BDO, Metrobank, etc.
GCash has announced that they will be charging for their Cash In service via MasterCard and Visa. Mynt, the fintech company behind GCash, has authorized the filing of a registration statement with the Securities and Exchange Commission (SEC) and a listing application with the Philippine Stock Exchange (PSE) as part of a potential initial public offering (IPO). Founded in 2015, Mynt operates GCash, which traces its roots to a mobile money remittance service launched in 2004.
Our coverage of Gcash cash in outlets includes: "GCash to charge Cash In via Mastercard/Visa"; "GCash parent company Mynt plans IPO on Philippine Stock Exchange"; "GCash to replace SMS OTPs with In-App Authentication". Each article provides unique insights and information.