Visa and GCash have announced a strategic partnership to facilitate easier cross-border money transfers for Filipinos. The collaboration enables the use of VisaVisa and GCash have announced a strategic partnership to facilitate easier cross-border money transfers for Filipinos. The collaboration enables the use of Visa

Foreign Visa Cards Can Now Top Up Into GCash Wallets

Visa and GCash have announced a strategic partnership to facilitate easier cross-border money transfers for Filipinos.

The collaboration enables the use of Visa Direct, allowing individuals and businesses worldwide to send funds directly to GCash wallets in near real-time.

This integration means that overseas banks and remittance platforms using Visa’s rail can now offer GCash as a direct payout destination.

Previously, funds often had to pass through bank accounts or specific remittance partners; this development aims to lower the barrier for more international providers to support wallet-based transfers to the Philippines.

Additionally, the partnership introduces a feature for overseas Filipinos using the GCash Overseas app. Users can now utilise foreign-issued Visa cards as a funding source to top up their wallets.

This allows Filipinos abroad to maintain a balance for paying bills, sending money to family, or local spending, standardising a process that was previously inconsistent, depending on the card issuer.

Julie Ann Abalos, Head of Product at GCash International, stated,

The move comes as digital remittance adoption grows in the region. According to Visa’s “Money Travels: 2025 Digital Remittances Adoption Report”, the Philippines is among the top adopters in Asia Pacific.

The data indicates that 74% of Filipinos prefer to send remittances digitally, while 66% prefer to receive them through digital channels.

Furthermore, approximately eight out of ten Filipinos have used GCash, highlighting the platform’s extensive reach in the local financial ecosystem.

Featured image: Edited by Fintech News Philippines based on an image by Freepik.

The post Foreign Visa Cards Can Now Top Up Into GCash Wallets appeared first on Fintech News Philippines.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Shibarium May No Longer Turbocharge Shiba Inu Price Rally, Here’s Reason

Shibarium May No Longer Turbocharge Shiba Inu Price Rally, Here’s Reason

The post Shibarium May No Longer Turbocharge Shiba Inu Price Rally, Here’s Reason appeared on BitcoinEthereumNews.com. Shibarium, the layer-2 blockchain of the Shiba Inu (SHIB) ecosystem, is battling to stay active. Shibarium has slipped from hitting transaction milestones to struggling to record any transactions on its platform, a development that could severely impact SHIB. Shibarium transactions crash from millions to near zero As per Shibariumscan data, the total daily transactions on Shibarium as of Sept. 16 stood at 11,600. This volume of transactions reflects how low the transaction count has dropped for the L2, whose daily average ranged between 3.5 million and 4 million last month. However, in the last week of August, daily transaction volume on Shibarium lost momentum, slipping from 1.3 million to 9,590 as of Aug. 28. This pattern has lingered for much of September, with the highest peak so far being on Sept. 5, when it posted 1.26 million transactions. The low user engagement has greatly affected the transaction count in recent days. In addition, the security breach over the weekend by malicious attackers on Shibarium has probably worsened issues. Although developer Kaal Dhairya reassured the community that the attack to steal millions of BONE tokens was successfully prevented, users’ confidence appears shaken. This has also impacted the price outlook for Shiba Inu, the ecosystem’s native token. Following reports of the malicious attack on Shibarium, SHIB dipped immediately into the red zone. Unlike on previous occasions where investors accumulated on the dip, market participants did not flock to Shiba Inu. Shiba Inu price struggles, can burn mechanism help? With the current near-zero crash in transaction volume for Shibarium, SHIB’s price cannot depend on it to support a rally. It might take a while to rebuild user confidence and for transactions to pick up again. In the meantime, Shiba Inu might have to rely on other means to boost prices from its low levels. This…
Share
BitcoinEthereumNews2025/09/18 07:57
Shiba Inu to Encrypt All Transactions by Q2 2026 as Privacy Era Takes Hold

Shiba Inu to Encrypt All Transactions by Q2 2026 as Privacy Era Takes Hold

On the Shibarium roadmap, SHIB, BONE, LEASH and TREAT will be FHE shielded in Q2 2026,  as confirmed by Zama CEO Rand Hindi. The plan includes confidential balances
Share
Crypto News Flash2026/01/30 22:34
Tokenized Real-World Assets (RWA): Why Institutions Are Moving On-Chain in 2026

Tokenized Real-World Assets (RWA): Why Institutions Are Moving On-Chain in 2026

Finance is changing shape. Not overnight, not loudly, but steadily. One of the clearest signals of that shift in 2026 is the growing institutional move toward tokenized
Share
Blockchainmagazine2026/01/30 22:10