MANILA, Philippines, Nov. 8, 2025 /PRNewswire/ — The Philippines’ main finance tremendous app, GCash, has launched a brand new game-changing product on November 5, 2025 — the GCash Digital US Account, which allows Filipinos to obtain funds and remittances in US {Dollars} on to their GCash e-wallet account, while not having a US-based checking account or incurring extra expenses.
GCash Digital US Account revolutionizes how Filipinos obtain USD funds and remittances
The sport-changing service additionally addresses a persistent ache level for Filipino freelancers who typically lose a portion of their earnings to expensive charges, decreasing their take-home pay and delaying entry to funds they depend on for every day bills.
The GCash Digital US Account, powered by world funds community Meridian1, guarantees decreased platform charges and foreign exchange prices, permitting gig staff to have greater take-home pay, and enabling all Filipinos to maximise the remittances they obtain. As well as, the GCash Digital US Account eliminates excessive withdrawal charges and hidden expenses.
“With the GCash Digital US Account, GCash customers can maintain US {dollars} and solely convert to Philippine pesos when they should. This permits them to keep away from pointless charges and convert their cash at their most favorable time,” GCash Common Supervisor for Worldwide Paul Albano stated.
Customers can immediately obtain transfers from the US proper into their e-wallet, giving them quick entry to their USD funds, which might then be transformed into PHP at aggressive change charges — all inside the GCash app.
Absolutely verified GCash customers are eligible for account opening.
This function is seen to spice up inflows of {dollars} into the nation from the US, which is a high remittance supply for the Philippines. In response to the Bangko Sentral ng Pilipinas, about 40% of money remittances from January to August this 12 months got here from the US.
By GCash Digital US Account, GCash strengthens its objective of enabling Filipino freelancers by breaking limitations to monetary entry by way of quicker, extra inexpensive cross-border funds for gig staff.
1GCash Digital US Accounts are issued and maintained by Meridian Funds US beneath a “for good thing about” association. These usually are not financial institution accounts and don’t qualify as deposits; therefore, they aren’t coated by any deposit insurance coverage schemes.
