Globe Telecom's mobile commerce subsidiary G-Xchange has partnered with EMQ to expand the latter’s reach in the Philippines through GCash, offering overseas workers greater flexibility and convenience.
“Remittances provide a lifeline for millions of households and drive financial inclusion in developing countries such as the Philippines, currently the third largest recipient of remittances according to the World Bank,” said Max Liu, Co-founder and CEO of EMQ. “Our expansion with GCash complements our existing capabilities in the Philippines, while offering the best possible choices and flexibility for the overseas workers to send money home effortlessly within minutes.”
With the partnership, EMQ users can now send money to users with GCash accounts, where the recipients can pay bills and make online purchases, buy load or cash out at over 7,000 GCash payment outlets across the Philippines.
Albert Tinio, CEO of G-Xchange, said: “Our strategic partnership with EMQ would further boost mobile wallets usage and accelerate local economic growth. But most importantly, we want to ensure that Filipinos who rely on remittances from their loved ones overseas will receive their money fast and securely without any hassle.”
EMQ currently has footprint in Hong Kong, Taiwan, Indonesia, Vietnam and the Philippines, with plans underway to expand across other key business markets first in Asia and then globally. GCash international partners has over 1,000,000 outlets worldwide with over 7,000+ GCash Partner Outlets across the Philippines.
