January 15, 2015

GCash expands reach; partners with Bayad Center for more cash-in, cash-out and remittance outlets

G-Xchange and Bayad Center

G-Xchange, Inc., (GXI), a wholly-owned subsidiary of Globe Telecom that operates the telco’s flagship mobile commerce product GCash, recently partnered with Corporate Information Solutions (CIS) Bayad Center, Inc., a leading outsourced payment collection company to further expand its reach to bring mobile money services to more Filipinos nationwide.

Leveraging on Bayad Center’s wide network and customer reach as a one-stop services center, GCash cash-in, cash-out and remittance services will now be available in Bayad Center branches nationwide, making them more accessible among GCash customers. “Cash-in” is the term used for putting in money into a GCash wallet, while “cash-out” refers to GCash “withdrawals,” or conversion of cash loads into regular money.

“We are excited to bring GCash closer to more mobile phone owners via our partnership with Bayad Center. With its extensive coverage in the country, we are looking forward to further increasing our customer base so that more users can enjoy safe, secure, and hassle-free mobile money transactions that GCash offers, enjoying utmost ease in transferring money to and from their GCash accounts,” said G-Xchange, Inc. CEO Xavier Marzan.

He added that, “Bayad Center boosts the current roster of GCash outlets, which would help us provide more accessible and convenient ways for our customers to transact at any of the accredited Bayad Center branches nationwide.”

Meanwhile, Bayad Center President & CEO Manuel Tuason emphasized that the collaboration with GCash will bring bigger convenience to the transacting public, particularly benefiting the Bayad Center customers who will be provided with additional touch points to send and remit money nationwide. According to him, almost half of their customers, who are remittance beneficiaries, will find GCash a welcome alternative to send and receive their money.

“This being a win-win situation for both Bayad Center and GCash, we look forward to a promising partnership as we explore more business opportunities to serve our more than 6 million customers nationwide,” he noted.

Moreover, the said partnership makes Bayad Center one of over 7, 000 accredited GCash outlets nationwide. GCash customers can perform cash-in and cash-out transactions by simply going to any Globe store or authorized GCash partners. Cashing-in to a GCash wallet is free, while cashing-out has a minimal P20.00 service fee for every amount in excess of P1, 000.

To know more about GCash products and services, visit www.globe.com.ph/gcash.

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