GCash has launched its Virtual US Account, allowing over two million Filipino freelancers to receive dollar payments directly in their e-wallet without transfer fees.
The new feature lets users hold their earnings in dollars, choose when to convert to pesos, and access real-time exchange rates.
Unlike other platforms that take conversion and transfer fees, GCash ensures freelancers get their full compensation instantly, bypassing the usual three-day cash-out wait.
The account is powered by Meridian Payments US and provides users with a unique wire routing number for direct transfers from overseas employers.
GCash aims to help Filipino freelancers retain the full value of their earnings and access funds immediately for everyday needs.
Source: PhilNews24 | November 29, 2025
GCASH EXPANDS SERVICES WITH US DOLLAR ACCOUNT
Latest from Business
Philippine Airlines (PAL) has increased its debut international bond offering by $50 million, raising a total
Hiraya Water Corp., formerly PrimeWater Infrastructure Corp., has launched a P600-million project to rehabilitate and expand
The Sugar Regulatory Administration (SRA) has intensified efforts to combat the red-striped soft scale insect (RSSI)
President Ferdinand Marcos Jr. lifted the previous ban on new economic zone accreditations in Metro Manila,
President Ferdinand R. Marcos Jr. called for amendments to the 25-year-old Electric Power Industry Reform Act