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GCash tightens user verification process

IN line with the national election on May 9, 2022, GCash, the country's leading mobile wallet, pledged to implement the necessary safeguards to prevent possible misuse of the platform for illegal vote-buying for the upcoming 2022 local and national elections.

The fintech company made this commitment, together with other fintech companies during the recent virtual launch of FinTech Alliance Philippines and the E-Money Association of the Philippines' (EMAP) advocacy campaign on the responsible use of digital payment platforms. The campaign was launched in collaboration with the Bangko Sentral ng Pilipinas (BSP) and the Anti-Money Laundering Council (AMLC).