GCash
The GCash wallet was founded in 2004 by Globe under Ayala Group which is the oldest and largest commercial group in the Philippines.
Boasting safe and reliable payment, GCash is the most popular electronic wallet in the Philippines. Users can safely transfer money, remit money, shop, and more through online banking at home. Users can also recharge their wallets at offline retail stores in the Philippines to enjoy fast and convenient payment with GCash.
Properties
The following table lists the product properties supported by GCash:
Payment type | Alipay+ payment method | ||
Acquirer | Alipay SG, Alipay EU, Alipay US, Alipay UK, 2C2P PH | Acquiring region | SG, AU, HK, US, EU, UK, PH |
Payment flow | Redirect | Auto Debit | ✔️ |
Buyer country/region | Philippines | Refund | ✔️ |
Funds deduction | Real-time | Partial refund | ✔️ |
Processing currency | PHP | Chargeback | ❌ |
Minimum payment amount | 1 PHP | Refund period | 365 days |
Maximum payment amount | 100,000 PHP/day | ||
User experience
The following graphic shows the GCash app authorization process:
Figure 1. Authorization process