GCash Save Money set sights to improve Filipinos’ lives with more rewarding ways to save

GCash, the undisputed leader and preferred mobile wallet in the Philippines, has rolled out offerings for GCash Save Money which seek to provide Filipinos with more rewarding ways to save and accumulate long-term wealth in a safe and secure way amid the challenges presented by the pandemic.

GCash Save Money goes beyond saving and draws closer into an investment platform with its limited-time promo of 4% per annum interest growth rate for GCash Save Money account holders.

GCash Save Money posts 900% growth in total transactions in July

Filipinos have become more concerned about securing their personal finances during the pandemic, latest data from GCash, the undisputed leader and preferred mobile wallet in the Philippines, showed.

GCash Save Money, the mobile-first savings product of GCash, saw total transactions skyrocketing by 900 percent year-on-year for the month of July alone, reflecting that Filipinos are now more mindful of saving money during these trying times.

GCash enables 2.5M Filipinos to own savings accounts amid pandemic

More and more Filipinos are opening savings accounts through GCash, the undisputed leading and preferred mobile wallet in the Philippines, as they found it easier and more convenient than traditional savings products in the market.

GCash Save Money has breached over 2.5 million account holders since it was launched in the second quarter of 2019. This represents a 500-percent year-on-year growth from August last year, when it initially had 500,000 pioneering customers.