Payoneer, GCash partner for seamless global and local payment transactions

GCash, the leading mobile wallet in the country, has launched its partnership with Payoneer creating seamless global and local payment transactions.

With over 20 million GCash users and 63,000 merchant partners, Payoneer users can now enjoy innovative ways to pay bills, shop, dine and more, while experiencing the features that come with GCash, the nation’s leading mobile wallet. .

Payoneer users can now access their remittances anytime, anywhere, simply by linking their accounts directly to GCash.

“At Payoneer, our job is to encourage companies to push boundaries by making cross-border payments more inclusive. Now that new lifestyles and habits emerge, we adapt to our constantly evolving market by increasing our services in partnership with GCash, allowing Filipinos to have more financial mobility, simply and safely from the comfort of their phones ”, said Miguel Warren, Chief Regional Payoneer for Southeast Asia and Pakistan, and Managing Director – Hong Kong.

This would also prepare local MSMEs (micro, small and medium enterprises) to access improved financial solutions by providing an avenue for more seamless and convenient online transactions.

The partnership was timely in light of the ongoing pandemic, which only intensified and fueled new market behaviors as businesses and individuals adapted by exploring online trading opportunities in the new normal.

With the COVID-19 pandemic, more than ever, Filipinos are embracing contactless payment options, in compliance with physical distancing measures and other security protocols.

Warren said Payoneer’s mission is to empower companies to go beyond, beyond borders, limits and expectations. In today’s digital world, the Payoneer platform streamlines global commerce for millions of businesses in 200 countries and territories, providing a suite of services including cross-border payments, working capital, tax solutions, business services, and risk management.