One million GCash users increased limit of wallet

GCash used for Tiktok and Zoom apps

GCash, the undisputed number one and preferred mobile wallet in the Philippines, has given over a million of its valued users a surprise limit increase amid the global health situation to help more Filipinos to maximize the benefits of digital finance. 


Users may increase their wallet limits by linking their bank accounts or debit cards to their GCash wallets. Upsized wallets have a hold up limit of P500,000 per month. Bank accounts that enable users to raise their limits include BPI, UnionBank, and other locally-issued debit cards that are enabled by either MasterCard or Visa.  

one million gcash users wallet limit increased
Almost one million gcash users get a special treat as their wallet limits have been increased upto P500,000


“Increasing the wallet limits of our users will definitely give our users more reasons to use GCash, especially now that digital services are on the rise, as strict health and physical distancing protocols have been put in place. Through GCash, they have the ability not only to pay for services, but also to save, invest, purchase insurance, and even tap into credit lines,” Sazon added. 


Fully-verified GCash accounts with no linked bank accounts or debit cards have a wallet limit of P100,000


Linking bank accounts to GCash is easy. Simply click on Settings then tap on My Linked Accounts. From there, they may choose their banks and fill out the necessary information. It may take up to 7 working days for users to receive a text notification that their wallet limits on GCash have increased. 


An sms will be received by the subscriber informing them about the increase and a pop-up notification will be seen in App.  


“We have seen tremendous growth in both our user base and the use of our service. We are grateful for the opportunity to help in keeping people safe from the virus, while helping them cope through digitally-enabled services. This is our way of enabling people even better towards our journey to become a cashless society,” GCash President Martha Sazon said. 


For the first five months of 2020, GCash recorded unprecedented growth, with transactions ballooning by 700 percent year on year, as demand for digital finance continues to soar amid the global health situation. 


GCash has also been the top finance app in both Android and iOS since last month, and has consistently been included in the list of top apps next only to social media app TikTok and social conferencing app Zoom


Globe Fintech Innovations Inc. (Mynt), which operates GCash, is part of the portfolio companies of 917Ventures, the largest corporate incubator in the Philippines wholly-owned by Globe Telecom Inc. \


More articles to read about GCash

GCash assures better user experience

Pay your government transactions using GCash

GCash invokes mobility

GCash powers Quezon City SAP

GCash uses AlphaRisk

GCash send money

GCash supports frontliners

Go Cashless with GCash

#LetsSaveTogether with GCash



Eli has 28 years of extensive IT sales expertise in Data, voice and network security and integrating them is his masterpiece. Photography and writing is his passion. Growing up as a kid, his father taught him to use the steel bodied Pentax and Hanimex 135mm film and single-direction flash, Polaroid cameras, and before going digital, he used mini DV tape with his Canon videocam. He now shoots with his Canon EOS 30D. Photography and blogging is a powerful mixture for him.
Back to top button