GCash has sustained its market dominance as the country’s number one finance app, breaching the P500-billion mark in Gross Transaction Value in March 2022 alone.
GCash user engagement continues to thrive even as the world opens up, showing that it has become a major part of people’s everyday lives. Active GCash users are now 5x larger than the next e-wallet, with daily logins and transactions of up to 29 million and 19 million, respectively.
Eighty-three percent of the Philippine adult population, or 60 million Filipinos, already have a GCash account, further inspiring the popular e-wallet platform to look for more innovative solutions to address various financial needs of the public.