How do I apply for a GCash MasterCard in 2022
GCash Mastercard Illustrations. |
Gcash is a Philippine-based mobile digital wallet giant, that provides digital-mobile payments as-well-as, a branchless banking service.
Launched in 2004, which is -possessed by Mynt (former Globe Fintech Innovations).
Gcash is a joint venture company of Ant Group, an affiliate company of the Alibaba Group, and the administrator of the world's foremost open digital -lifestyle platform Alipay; Ayala Group of Companies.
The Philippines' premier business fusions, together with- Globe Telecom, the leading telecommunications company of the Philippines.
When and who launched GCash in the Philippines:
In October 2004, Globe-Telecom was launched maidenly GCash in the Philippines.
Kick-off offering SMS-based domestic money transfers which did not require any bank accounts or cards aimed to resolve the disadvantages of 80% of Filipino populations who were unbanked or underbanked during that time.
By allowing GCash- customers to convert their cash to e-money via cash-in and cash-out outlets, like sari-sari stores and so on- with a minimum transaction fee of ₱1.00.
GCash App:
Later on, in 2012, as an advance move of transition from cash-in and cash-out outlets turned an entirely cashless system, the GCash app was- launched.
Successive expansion journey of Gcash:
As their successive expansion journey, GCash, withal its contender mobile wallet PayMaya, collaborated with Facebook to integrals its services with Facebook Messenger, in 2017.
As of 2019, GCash could expand its digital ecosystem with its 20 million active users and more than 63,000 partner merchants in the entire Philippines.
And, within the next two years by- the virtue of the COVID-19 pandemic, GCash owing to the rise of digital payments figures-more than doubled in the Philippines, with a number of 46 million active users and 2.5 million merchants and sellers as of August 2021, promoted GCash the Philippine's irrefutable giant mobile wallet company, (Data source Wikipedia).
And according to the records of Nov 23, 2021 GCash has over 51 million registered users across the Philippines. As around 70% of adults Filipino are occupied with GCash account.
Maintaining its continuity, GCash extended its collaboration with Philippine Seven-Eleven Corporation in 2020, allowing its users to use of GCash app to pay in 7-Eleven branches via barcode all over -the Philippines.
However, 7-Eleven also has its CLIQQ Wallet system for cashless transactions.
And being a collaborator, 7-Eleven branches are one of the cash-in locations for GCash users.
Aimed to broaden its service publicly on July 25, 2021, GCash announced its remittance service, GCash Padala- which is now available to non-app users also through its 2,000 nationwide partners.
Lately, GCash's parent company, Mynt, announced on Nov- 2021 that it raised GCash funding to $300M at a $2B valuation, advent Mynt as a Philippines double unicorn.
How do I apply for GCash Mastercard?
Apply for GCash Mastercard via any of the followings channels:
1. GCash App
2. Off-the-shelf through partner convenience stores
Remarks: GCash MasterCard is only available to fully verified GCash users and is worth P150 (+Php65 for a delivery fee).
1. Applying for a GCash Mastercard via the GCash App
- Step 2. Tap "Cash Out" under Fund Management.
| Tap over Cash Out Option. |
- Step 3. Select "Deliver" then, fill up the order form to proceed.
| Select Delivery. |
| Fill up all information on this order form. |
Step 4. After submitting your details, be sure to have enough GCash balance then confirm on the payment page.
2. Applying for GCash Mastercard Off-the-Shelf
- Regardless, I also can apply to get a GCash Mastercard at Ministop, Lawson, All Day, Robinsons Business Centers, and selected 7-Eleven branches for only P150.
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