Beyond Cash: How GCash’s Latest Payment Features Help Small Businesses Scale
The Philippines is steadily becoming a digital payments nation. According to the Bangko Sentral ng Pilipinas (BSP), 57.4% of retail payment transactions by volume were made digitally in 2024, up from 52.8% in 2023 and 42.1% in 2022. With the BSP targeting a digital payment share of 60% to 70% by 2028, businesses are increasingly expected to support cashless transactions. To help businesses keep pace with this shift, GCash continues to expand its suite of payment solutions with innovations designed to make digital payments more accessible, convenient, and secure for merchants. For MSMEs in particular, accepting digital payments can help broaden payment options, reduce cash handling, and improve operational efficiency. Simplifying payments at the point of sale GCash has built a portfolio of payment devices for every type of MSME because every business has different needs. Rather than offering a one-size-fits-all solution, GCash provides payment devices designed for diff...