In response to the impacts of Typhoon Carina (international name Gaemi), fintech app GCash has announced several relief measures to support affected users. Through its credit arm, Fuse Lending, GCash is offering a two-week payment grace period for borrowers of GLoan and GGives in calamity-hit areas.
“Understanding the importance of having extra money during these challenging times, GCash is offering a grace period to customers whose due dates fall between July 21 and 31, 2024,” said Tony Isidro, president and CEO of Fuse Lending.
This initiative allows borrowers in regions III, IV-A, and the National Capital Region to postpone their payments to August without incurring penalty charges.
GCash is also waiving fees for users purchasing load promos worth P59 and below, effective from noon on July 25 to July 31. This measure aims to ease expenses for customers affected by severe rains and floods, helping them stay connected and continue their work from home.
GCash is waiving the 0.5% cash-in fee for GCash Pera Outlets in the affected areas. This initiative supports neighborhood stores in providing essential services such as load purchases, bill payments, and cash-in/cash-out transactions without extra costs.
To foster community support, GCash is aiding various organizations in raising funds for relief operations.
“Our priority now is to ensure concerned organizations can quickly mobilize aid, tapping into the reach and impact of GCash,” said Ren-Ren Reyes, president and CEO of G-Xchange Inc.
Users can contribute to organizations like Ayala Foundation, ABS-CBN Foundation, GMA Kapuso Foundation, Unicef, Philippine Red Cross, Caritas Manila, and Save the Children through the GCash app. Transaction fees for these donations are waived.
GCash encourages users to donate only through official channels within the app to avoid scams. Customers are reminded to never share their MPIN or OTP with anyone.
For more details on how to assist, users can visit GCash’s official Facebook page.
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