GCash helps disburse close to 2B gov’t financial aid to 335,000 Filipinos

GCash, the undisputed leading and preferred mobile wallet in the Philippines, has helped both the national and local governments to disburse close to 2 billion in financial aid to more than 335,000 Filipinos who were adversely affected by the national health situation.

Since the start of the community quarantine periods in March, government agencies both local and national have tapped GCash for the quick, safe, secure, and transparent distribution of their own financial support to intended beneficiaries.

Makati City leverages fintech to distribute financial aid to students

Loyal to its mandate to help its citizens in times of crisis, the City of Makati will disburse financial assistance to 12,000 students and scholars via GCash, the leading mobile wallet in the Philippines, despite the suspension of onsite classes in Luzon.

Each student will be receiving P1,000 cash assistance through their Makatizen cards and GCash accounts.

Makati innovates financial aid distribution amid COVID-19 through GCash

With the help of GCash, the leading mobile wallet in the Philippines, the City of Makati will disburse the second tranche of financial assistance to over 8,000 drivers to help them cope with the national health crisis and aid them in providing for their families.

According to Makati City Mayor Abby Binay, each of the 8,376 jeepney, tricycle, and pedicab drivers in Makati will receive P2,000 via their GCash accounts. Broken down, the beneficiaries are: 5,952 registered tricycle drivers, 598 pedicab drivers, and 1,826 jeepney drivers who are part of the Makati Jeepney Operators and Drivers Association (JODA).