#gcash elections

GCash has announced that it has pledged to implement safeguards to prevent possible misuse of the platform for illegal vote-buying for the upcoming 2022 local and national elections. GCash made this commitment together with other fintech companies at the recent virtual launch of FinTech Alliance Philippines and the E-Money Association of the Philippines’ (EMAP) advocacy campaign on responsible use of digital payment platforms. According to GCash President and CEO Martha Sazon, also Chair of EMAP, GCash has implemented stricter user onboarding and account verification processes to enhance traceability of transactions within the GCash platform. Sazon vowed to help implement good governance towards clean and honest elections, saying this is part of GCash’s civic duty to protect the credibility of the digital financial space that has made Filipino lives easier and better, especially during the pandemic. “GCash will remain steadfast in our commitment to promote responsible use of digital payment platforms, especially in the days leading up to the 2022 elections. We will ensure that the digital products, platforms, and services offered are not misused for vote-buying, vote-selling and other illegal partisan political activities during the elections,” Sazon added. GCash will also strengthen its partnership and work closely with other regulators to discuss partnership opportunities to address possible vote-buying activities in the country and comply with the necessary requirements to ensure that its platform will not be used for such illegal acts. Read more in our articles including "GCash tightens verification to enhance traceability ahead of 2022 elections" and "GCash Implements Transaction Caps Ahead of 2025 Elections".