GCash is rapidly expanding. But unlike the other developments from the company, this latest one will surely get the attention of K-pop and K-drama fans and those who want to travel to South Korea.

Ant Group, a Chinese fintech company, revealed that it will be assisting GCash and three other Asian-based e-wallet services to expand in South Korea via its popular payment service Alipay+.

GCash is reaching South Korea for the first time along with Thailand’s TrueMoney, Malaysia’s Touch’n Go, and AlipayHK.


Users of any of these e-wallet services can use their accounts on over 12,000 merchants across South Korea by using their respective apps.

President and CEO Martha Sazon of GCash said that users can maximize their GCash app in South Korea as it is one of the most popular destinations for Filipinos.

SEE ALSO: How to transfer money from BPI to GCash for free

Being the biggest e-wallet service in the country, GCash was able to record 66 million registered users at the end of the first half of 2022. It also boasts 5.2 million social sellers and merchants, and 339,000 cash-in and cash-out outlets.

GCash’s popularity comes as no surprise due to the vast features it offers to Filipinos. Other than improving financial inclusion in the Philippines, it allows people to easily transfer money, settle monthly bills, pay for premium streaming subscriptions, and even take advantage of its “buy now, pay later” feature.

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