Sending money to the Philippines without any transaction fees – zero, nada, nil – is possible today. Thanks to the recent partnership between GCash and UAE-based company, Denarii Cash.
Sharing the same commitment of offering convenient and affordable financial services to Filipinos, GCash and Denarii Cash are waiving the transaction fees on every money transfer.
How to send money using the GCash option?
Users just need to download the Denarii Cash app from the Google PlayStore or App Store and add their recipient’s GCash details on the app.
Denarii Cash also offers several ways for OFWs to pay their transfer so they can send money as soon as they need to. The recipient will immediately receive the money in their GCash account. Both companies are exploring more ways to reach out to OFWs with better solutions and more affordable offers in the future.
“We believe that Filipinos deserve a faster, cheaper, and safer option to send to their families back home especially at a time like this. We partnered with GCash, the number one mobile wallet in the Philippines because we think that both companies share the same vision,”
Denarii Cash Founder, Jon Santillan
For his part, Fred Levy, the Chief Commercial Officer at GCash said, “We see this as a strategic partnership as we aim to help OFWs and their families in the Philippines have access to innovative solutions like GCash for a fast, convenient and secure way of sending money thereby supporting our purpose of financial inclusion.“
GCash is operated by Mynt and a partnership between Ayala Globe, and Ant Financial. It is a micropayment service that transforms the mobile phone into a virtual wallet for secure, fast, and convenient money transfer. It currently has 20 million subscribers and more than 70K merchant partners that allow cashless transactions.
The free money transfer is valid until 30th June 2020 only. However, a discount of 50% will be in place from 1st July to 31st August 2020.
Denarii Cash is now one of the leading cross-border money transfer apps in UAE that takes care of overseas Filipino’ money-sending and bills payment needs. It was founded by a team of OFWs with most of its employees being OFWs as well.
Soon, Denarii Cash will be expanding services across the Middle East so more OFWs can experience the same benefits.
