GCASH, Globe’s flagship M-Commerce service, was born from a simple goal of transforming a mobile phone into a wallet. With its launch in October 2004, GCASH has effectively given Globe and TM subscribers access to a cashless and cardless method of facilitating money remittance, donations, loan settlement, disbursement of salaries or commissions, and payment of bills, products and services, with just a text message.GCASH requires only a mobile phone and a one-time registration, with a minimal charge of P1.00 per GCASH transaction. GCASH dramatically expands the menu of mobile commerce transactions, and has provided the low income economic class and overseas workers access to the relevant services below:
Domestic and International Remittances
Sending of money via GCASH as supported by a wide cash-handling network, including leading local and international remittance companies backed by reputable settlement banksMicro-PaymentsPayments for purchases from the growing list of merchant partners, including essentials such as government taxes, medicines, boat fares, food, mobile prepaid credits (load), and schools and office supplies
Micro-Credit Payments
Allows disbursement of loan principals and payment of loan interest and amortization payments to lower income consumers with limited access to banks
Bills & Tuition Fee Payments
Allows payment of bills of various utility companies, internet service providers, insurance companies, as wella s schools and universities
Donations
Provides a quick and safe processing of GCASH donations to different institutions
