“The new normal brings unique challenges to the economy, especially to the fintech industry. Through the GCash Digital Excellence Awards, we pay tribute to private and public entities for their innovative achievements that span digital transformation, customer-centric solutions, business and technology agility, and product and service innovation. We hope that this will serve as an inspiration for our key partners in various sectors to continue to innovate, serve millions and make the lives of Filipinos better every day.” ~Ren-Ren Reyes, GCash Chief Commercial Officer
Through its annual GCash Digital Excellence Awards 2023, which were recently held at the Grand Hyatt Manila in BGC, Taguig City, GCash, the leading e-wallet in the nation, is honoring outstanding businesses and MSMEs for improving the lives of Filipinos by providing them access to cutting-edge, secure, and practical digital finance technology.
The second GCash Digital Excellence Awards for business recognized the commitment and hard work of its partners in making daily life in the Philippines better. Additionally, it seeks to motivate additional public, private, and MSME sectors to keep developing their services for Filipinos and contribute to the transformation of the nation into a more economically inclusive society.
The ceremony opened with a video message from the president and CEO of Globe Group Ernest L. Cu and was graced with the presence of G-Xchange Inc President and CEO Ren-Ren Reyes, chief technology and operations officer Pebbles Sy, chief marketing officer Neil Trinidad, head of new businesses Winsley Bangit, chief finance officer Tek Olano, chief people officer Robert Gonzales, Fuse chief finance officer Gabriel Lacuesta, strategy officer Ron Testa, GCash vice president for enterprise Luigi Reyes, vice president and head of wealth management Jong Layug, head of consumer experience Joanne Avendano
This year’s awardees were recognized in six different categories.
The Excellence in Innovation Award was given to partner industry leaders who have implemented a trailblazing project or initiative and has contributed to partners' digitization efforts leading to better customer experience and has improved overall business efficiency and fasted more convenient transactions to GCash’s 79 million and growing GCash users. These partners are Robinsons Department Store which won 1st place, Villarica Pawnshop Inc., and Max’s Group Inc. which won 2nd and 3rd awards, respectively.
For the Excellence Ecosystem Award, key partners were honored for embracing the digital lifestyle and fully integrating the different solutions of GCash into their ecosystem. The awardees include Puregold Price Club Inc. (1st place), Robinsons Supermarket (2nd place), and Globe Telecom, Inc. (3rd place)
Taking home the Excellence in Growth Potential Award were PMFTC Inc. (1st place), BDO Unibank, Inc. (2nd place), and McDonald’s Philippines (3rd place), for showing promise to grow in terms of transaction volume, door count, or expansion into new lines of businesses with GCash.
Recognizing their efforts to achieve exponential growth in Gross Transaction Value (GTV) and sustained user base, the Excellence in Growth and Usage Award was given to AB Leisure Exponent, Inc. (BingoPlus) Abenson, Appboxo Pte. Ltd. Dragonpay Corporation, Gaisano Mall of Davao, Jollibee Foods Corporation, Lalamove Philippines Inc., Lazada E-Service Philippines, Inc., Mercury Drug Corporation, Metropolitan Bank and Trust Company, P.J. Lhuillier, Inc. (Cebuana Lhuillier), Seaoil Philippines, SM Retail Inc., Landers Superstore, and Unilever Philippines Inc.
Meanwhile, the Pioneer Awards which recognize companies that pioneered the adoption of GCash’s innovative business solutions were divided into four categories: the Pioneer Award for Best GGives Merchant which was awarded to Zalora, the Pioneer Award for Best GCredit Merchant on the other hand was given to MERALCO. Meanwhile the Pioneer Award for Ad Solutions was given to Smart Communications, Inc., and taking home the Pioneer Award for Data Solutions was Trusting Social AI Philippines, Inc.
Lasty, the highlight of the evening and the most prestigious of the awards, the Partner of the Year was granted to Puregold Price Club Inc. by being one of the GCash’s key partners that exhibited excellence in digital finance and aided in promoting financial inclusion in the country. Along with GCash, Puregold Price Club Inc. introduced the first-ever barcode payment solution to Filipinos, effectively providing a safe and convenient digital payment solution to anyone with a smartphone and a GCash account.
By continuously building strategic collaboration with its partners, GCash is on track to make its mission of ‘Finance for All’ a reality and to help millions of Filipinos have a safer, more inclusive, and better financial future.
About GCash
GCash (G-Xchange, Inc.) is the #1 Finance App in the Philippines. Through the GCash App, 79M registered users can easily purchase prepaid airtime; pay bills at over 1,600 partner billers nationwide; send and receive money anywhere in the Philippines, even to other bank accounts; purchase from over 5.2M partner merchants and social sellers; and get access to savings, credit, loans, insurance and invest money, and so much more, all at the convenience of their smartphones. GCash is a wholly-owned subsidiary of Mynt (Globe Fintech Innovations, Inc.), the first and only duacorn in the Philippines.
GCash was recognized by The Asian Banker (TAB) and by the IDC in 2021 for its outstanding digital financial inclusion programs.
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