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GCash lending arm Fuse empowers underbanked Filipinos with P118 billion loans disbursed

Fuse Lending Inc., the credit arm of GCash, surpasses the P118 billion mark in life-to-date disbursed loans through the country’s number one finance app as of the end of 2023. This puts both institutions well on their way toward their shared mission of financial inclusion......»»

Category: newsSource:  davaotodayRelated NewsApr 8th, 2024

GCash sets sights on further international expansion

With GCash Overseas, Filipinos in the United States, Canada, the United Kingdom, Spain, Italy, Germany, Qatar, Kuwait, Japan, South Korea, Taiwan, Singapore, Hong Kong and Australia can now download and use the GCash app, whether they have Philippine SIMs or local mobile phone numbers in the countries or territories where they live......»»

Category: newsSource:  philstarRelated NewsMar 22nd, 2024

Delivery drivers urge Mayor Baste for business permit exemption

Title: Delivery Drivers Seek Exemption from Business Permit Requirement A group of delivery drivers in Davao is urging Mayor Sebastian Duterte to exempt them from the mandatory business permits. The drivers, including those from various delivery apps such as Grab and FoodPanda, are concerned about the financial burden imposed by the business permits, which range from P2,000 to P6,000. They argue that this requirement is unique to Davao City among all cities and provinces in the Philippines. Grab rider Rolando Atico emphasized the need for solidarity among all delivery drivers, regardless of the app they work for. He urged fellow drivers to support each other, as the financial impact may extend beyond just Grab and FoodPanda. Atico also requested Mayor Duterte to reconsider the requirement and reinstate the previous occupational permit, which only cost P125. The group is facing a 30-day deadline to obtain the business permits, and they are citing financial constraints as a reason for their request for an extension. Failure to comply could result in their removal from the delivery platforms, jeopardizing their livelihoods. Additionally, they are advocating for changes to Davao City's Revenue Code, proposing a model similar to Cebu City, where only an occupational permit is required. The drivers are also calling for an inquiry into the lack of transparency and unilateral actions of food delivery companies, particularly concerning rider capitalization and financial concerns. They believe that a thorough investigation will help ensure fairness and equity in their financial obligations and working relationship with the delivery companies. Maribel Paguican, the Business Bureau officer-in-charge, stated that non-certified delivery riders categorized as service contractors must obtain a business permit. She mentioned two permits for occupational and business activities, with a discounted structure for delivery riders. However, concerns have been raised about increased taxes, potentially ranging from P3,000 to P6,000, along with an additional tax on top of the declared income of P1,400. The delivery drivers' plea for exemption from the business permit requirement reflects their concerns about the financial impact and the potential threat to their livelihoods. Their call for solidarity and support from fellow drivers highlights the urgency of the situation. This story sheds light on the challenges faced by delivery drivers in Davao and the implications of the business permit requirement on their financial well-being. It also underscores their efforts to seek fairness and equity in their working relationship with the authorities and delivery companies......»»

Category: newsSource:  inquirerRelated NewsJan 22nd, 2024

GCash preparing for IPO in the last half of 2024

Oscar Reyes Jr., the CEO of GCash operator G-Xchange [link], said that they’re “preparing internally so that we can be ready this year” for an IPO, but clarified that “it is a question of the market, not of GCash, as the market has yet to rebound fully.”.....»»

Category: financeSource:  philstarRelated NewsJan 16th, 2024

GCash Disappears on Google Play Store, Company Says for Updates

Late last night, users were surprised to find that the GCash app had vanished from the Google Play Store, prompting concerns and speculation, with the company ensuring users that their funds and accounts remain secure. As of 2 AM, the GCash app was nowhere to be found on the Play Store, leading to the circulation […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 1st, 2024

GCash expands to South Korea

E-wallet giant GCash has added another Asian country to its reach, this time expanding to South Korea to serve the financial needs of Filipinos living and working there......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

GCash widens global reach

Overseas Filipino workers may connect their GCash accounts with foreign banks by the second quarter of the year, expanding the financial services they can access in the e-wallet......»»

Category: financeSource:  philstarRelated NewsMar 19th, 2024

GCash gets BSP nod to enter Europe, ME

E-wallet leader GCash has received the green light from the Bangko Sentral ng Pilipinas (BSP) to offer financial services to overseas Filipino workers (OFWs) in Europe and the Middle East......»»

Category: financeSource:  philstarRelated NewsFeb 16th, 2024

GCash targets to go public in H2

E-wallet leader GCash is preparing to offer its shares to the public in the second half of the year as it pushes on with its aggressive expansion to sustain its leadership in financial technology......»»

Category: financeSource:  philstarRelated NewsJan 15th, 2024

GCash now a crypto outlet for Axie Infinity

E-wallet leader GCash, in its pursuit to expand in the digital space, has found its way to Axie Infinity, the most popular play-to-earn game at the height of the pandemic......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

GCash says IPO not yet a priority

E-wallet pioneer GCash is in no hurry to go public anytime soon, as it wants to prioritize the growth of its portfolio with the app expanding abroad......»»

Category: financeSource:  philstarRelated NewsFeb 21st, 2024

GCash, CICC eye speedy response to fraud-related crimes

DICT Secretary Ivan Uy said that the partnership with the fintech company aimed to establish a “rapid incident response” on fraud-related crimes committed through GCash......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

GCash misuporta sa BSP, DILG sa paglusad sa Paleng-QR Ph

GCash misuporta sa BSP, DILG sa paglusad sa Paleng-QR Ph.....»»

Category: newsSource:  sunstarRelated NewsJan 30th, 2024

7 face raps for selling GCash accounts

Criminal charges were filed against seven people who were arrested for allegedly selling their GCash accounts in Quezon City, the National Bureau of Investigation said on Friday afternoon......»»

Category: newsSource:  philstarRelated NewsJan 20th, 2024

GCash, NBI tighten tieup vs scams

E-wallet giant GCash has signed an agreement with the National Bureau of Investigation to strengthen its campaign against scams within the platform......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

Franki Russel ilalaban ang cyberbullying sa pagrampa sa Miss U 2024

GAGAWIN lahat ng Kiwi-Pinay actress na si Franki Russell para maiuwi ang Miss Universe crown — hindi para sa Pilipinas kundi para sa New Zealand. Si Franki, na unang nakilala sa “Pinoy Big Brother: Otso” noong 2019, ang napili ng Miss Universe New Zealand Organization para lumaban ngayong taon sa naturang international beauty pageant. Baka.....»»

Category: newsSource:  inquirerRelated NewsApr 4th, 2024

From the Newsrooms: December 11 to 16, 2023

BEIJING'S RISING belligerence in the West Philippine Sea (WPS) has dampened the mood of seasonal merry-making, especially for the Filipino troops stationed in the area and the fisherfolk who have borne the brunt of China's aggression. Media reports have quoted a security expert describing the shadowing of the country's re-supply missions along with the swarming of Chinese militia boats in Philippine waters as a "calcul.....»»

Category: lifestyleSource:  abscbnRelated NewsJan 18th, 2024

From the Newsrooms: December 11 to 16, 2023

BEIJING'S RISING belligerence in the West Philippine Sea (WPS) has dampened the mood of seasonal merry-making, especially for the Filipino troops stationed in the area and the fisherfolk who have borne the brunt of China's aggression. Media reports have quoted a security expert describing the shadowing of the country's re-supply missions along with the swarming of Chinese militia boats in Philippine waters as a "calcul.....»»

Category: newsSource:  manilanewsRelated NewsJan 17th, 2024

Dasal ni Diego paglaki ng anak: I hope you don’t judge me for my past

HINDING-HINDI ipararanas ni Diego Loyzaga sa kanyang anak na si Baby Hailey ang mga hindi magagandang napagdaanan niya noon sa buhay. Gagawin daw ng aktor ang lahat-lahat para mabigyan at masiguro ang maayos, masaya at magandang buhay ang kanyang panganay. “I just want to be a present father. As much as possible, everywhere I go.....»»

Category: newsSource:  inquirerRelated NewsFeb 26th, 2024

Aga stage father nga ba sa pagpasok ni Andres Muhlach sa showbiz?

INATAKE ng nerbiyos ang tinaguriang “Prince of Hearts” na si Andres Muhlach nang humarap sa entertainment media bilang pinakabagong talent ng Viva Artists Agency (VAA). Inamin ng anak nina Aga Muhlach at Charlene Gonzales na talagang mahiyain siya pero gagawin daw niya ang lahat para mabigyan ng justice ang lahat ng proyektong ipagkakatiwala sa kanya.....»»

Category: newsSource:  inquirerRelated NewsApr 17th, 2024