GCash, the leading Philippine financial app, signed a partnership with Toki, the first social e-commerce platform in the country dedicated to collectibles.
The partnership aims to build a secure community of verified buyers and sellers of collector items such as sneakers, Lego, toys, sport cards, trading cards Funko and others.
The integration of GCash into the Toki platform will give its users access to a seamless and secure payment platform as well as provide them with consumer financing such as GCredit and GGives.
Toki sellers will have the possibility to be equipped with GCash QR codes to streamline the payment process and enhance overall user experience. The partnership will also integrate Toki into GCash’s dynamic lineup of lifestyle products under the GLife feature by next year.
Launched by former GCash employees Frederic Levy, Zoe Ocampo and Jules Jurado, Toki is a pioneering social e-commerce platform that caters specifically to the needs of collectors. As avid collectors themselves, the founders are familiar with the challenges local enthusiasts face in selling or buying collectibles.
Toki offers a smooth, secure, one-stop shop and mobile-first environment where every seller is curated, every collectible is verified, every transaction guaranteed, ensuring a trustworthy and efficient transaction experience.
Since it launched in November 2023, Toki has already registered 70,000 users, onboarding more than 200 sellers, proposing more than 250,000 items and hosting more than 500 livestream auctions.
“The founders of Toki, all former members of the GCash team, have a long-standing history with GCash, and through this global partnership, GCash is poised to significantly boost Toki’s growth journey,” said Levy, a Toki co-founder.
By the fourth quarter of 2024, Toki will integrate GCash’s Webpay, enabling users to conduct seamless end-to-end transactions not only within its marketplace but also during its livestream auctions.
Toki launched several initiatives in partnership with Globe as part of the Globe Prepaid Rewards program on the GlobeOne app.
Toki participated as an event partner at Globe’s ‘PAPAboritong Bazaar’ where GCash QR was utilized for payments. Meanwhile, Globe Platinum sponsored the onground Toki & Secret Fresh event ‘Beyond the Block’ which featured
“Toki is beginning a truly remarkable collaboration with GCash, and the entire team is particularly excited about the support from the number finance super app and largest cashless ecosystem in the Philippines,” said Levy.
