GCash, the mobile wallet of Globe Telecom Inc., teamed up with Taptap Send and other international partners to streamline financial transactions for Filipinos both locally and abroad.
The newly-accredited remittance partner TapTap Send is an app designed to provide OFWs in the UAE, the UK, the US, Canada and select countries in Europe with quick, affordable and secure money transfers along with zero transaction fees and competitive exchange rates when they remit money back to the Philippines.
“Some of our users may not be aware that there is a difference between sending via official partners of GCash versus other remittance companies that also offer to send to GCash through banks and Instapay,” said Ren-Ren Reyes, president and chief executive of G-Xchange Inc., the operator of GCash.
“Since senders do not see banks in the remittance process, they would understandably assume that this is a GCash issue. That’s why we want to encourage the public to transact with our official partners who offer real-time transfer and competitive exchange rates,” he said.
TapTap Send will also offer first-time users on the app an exclusive promo if they remit to GCash to help customers make the most of their remittance transactions.
By using the code GCash when using the app to remit, customers will receive an additional bonus credit on their first transfer made. The bonus credit will depend on the user’s location.
GCash is also encouraging users to transact only with official partners to ensure real-time remittances as well as safer transactions. Moreover, transacting with official international partners prevents users from falling victim to scams, which are harder to trace when transacting with unaccredited agents.
Taptap Send Philippines launcher Faye Sta. Ana said the collaboration is a step to help OFWs support their loved ones’ most basic needs.
“For Taptap Send, we realized there’s not been a money transfer app led by an OFW for the OFWs who were able to freshly brand the Filipino diaspora as empowered, and financially literate, while also doing it in a fun way. GCash is very much aligned with our strategy and we’re excited to join Asia’s fintech powerhouse to put Filipino prowess forward,” she said.
