GCash

Free-to-use digital wallet

GCash is a free financial app that lets you send and receive money from other people. Developed by Mynt - Globe Fintech Innovations, this acts like a mobile wallet that can easily be connected to your bank accounts. More than that, the app also allows for a host of digital payment services. With it, you can buy load, pay bills, and even apply for in-app insurance service.

GCash is a complete payment service platform, much like PayPal or PayMaya. However, while it is usable virtually anywhere in the world, it requires linking to a Philippine-based mobile number.

Your PH mobile partner

As mentioned, GCash is a mobile payment app that requires a connection to a mobile number from the Philippines. Using it elsewhere would require you to subscribe to a roaming service. Still, it works for all mobile networks and is regulated by the country’s central bank. This makes it secure and reliable for your financial transactions. It even has a few features to prevent human error.

While most online transactions require a transaction fee, this one largely doesn’t. For example, cashing in from bank accounts usually comes with a charge. If you connect the particular bank account to the app, you can waive fees–letting you transfer for absolutely free. You can also choose from a wide range of billers to pay, from power to communication bills.

There are a few problems with the app, though. Any error from the services it supports would not qualify you for a refund. Additionally, once you’ve sent cash to the wrong recipient, there’s no other way but to ask them to transfer it back. It may offer convenience in paying bills; it has a wide range of billers but they are mostly Philippine-based billers.

Must-have, but only for a limited market

With its features and capabilities, GCash is a great alternative for existing digital wallets. Unfortunately, it was designed only to work for the Philippine market. Still, it has a lot of features that make payment and transfers a lot more convenient. From buying mobile load to paying your bills, this app definitely has it all. However, it lacks measures that protect users from any transaction error.