The city governments of Makati and Muntinlupa have partnered with Globe to help them in the distribution of financial aid or “ayuda” to their residents adversely affected by the Enhanced Community Quarantine (ECQ) using the GCash mobile wallet application.
Makati City Mayor Abby Binay previously said that the LGU will distribute the financial aid via contactless means to ensure the strict implementation of the ECQ in their area and encourage Makati residents to stay home.
Meanwhile, the Muntinlupa LGU also announced on its official Facebook page that they will use the GCash service in the disbursement of the “ayuda”.
Globe is also coordinating with other cities in Metro Manila -- Caloocan, Mandaluyong, Pasay and Navotas -- to help them in the distribution of financial aid to their most vulnerable residents.
“During these challenging times, we continue to support the government with financial technology solutions to help mitigate the negative effects of this pandemic. Through these efforts, we also strive to achieve financial inclusion for all Filipinos,” GCash President and Chief Executive Officer Martha Sazon said.
At the height of the pandemic in 2020, GCash also partnered with the Department of Social Welfare and Development (DSWD) in the safe and cashless deployment of the Social Amelioration Program (SAP).
GCash was also able to distribute more than P16 billion to at least two million Filipinos, saving the government about 952 days and around P52 million.
The Bangko Sentral ng Pilipinas (BSP) previously recognized GCash’s efforts in bringing the benefits of digital financial services and products to the unbanked.
GCash was also named as an "Outstanding Partner" during BSP's Stakeholders Appreciation Ceremony.
GCash also launched GCash QR on Demand in partnership with various businesses wherein users can use the QR Code instead of their mobile number to send or receive money.
It also implemented programs to support the country’s micro, small and medium enterprises.
Over 2.5 million merchants, including market vendors, have adopted the app that can connect them to over 44 million GCash registered users, some 40 percent of the Philippine population.
“GCash is one with the nation in pursuing a more efficient solution to address the logistical challenges of financial distribution under the newly announced ECQ. Through the financial technology of GCash, Filipinos no longer need to endure the challenges of physical cash distribution under the pandemic,” VP for Corporate Communications of GCash Chito Maniago said.
“We are asking qualified ECQ ayuda recipients to coordinate with their respective LGUs to learn more details about the distribution”, he added.
With its numerous programs and initiatives to promote digital transformation among Filipinos during the pandemic, the e-wallet app has grown its user base to 44 million, more than doubling the 20 million users in January 2020.
For more information, visit www.gcash.com.