(PRWEB) February 09, 2013
The World Bank estimates that in 2012, international remittances into the Philippines totaled $24 billion. In the Philippines, the incoming money represents 11.2% of their GDP (Gross Domestic Product). It is a little known fact that the Philippines is the 3rd largest English-speaking nation in the world. Filipino professionals, fluent in English, are filling the education, healthcare and information technology shortages in the US. Filipino-Americans have a higher median household income than the US general population ($91,053: 2008 US Census). Filipino-Americans are the largest senders of US Dollars to the Philippines. In 2011 they sent $13.7 billion (World Bank, Apr 2012).
Globe Telecom is a leading mobile network operator in the Philippines. Globe has created a mobile banking product called GCASH and launched the service in early 2004. Globe’s GCASH network has 2 million registered Filipino users to date with over half the GCASH users added in the past year. Globe processes $83 million in transactions per month in country. SendGCASH fills the missing piece of the mobile money puzzle by adding a way to transfer money into the GCASH mobile banking network from outside of the Philippines.
The SendGCASH.com website provides services to any US bank account holder.
The SendGCash GCASH service allows Globe and Touch Mobile mobile phone users to receive GCASH on their mobile phones.
The SendGCASH Remit service allows Sun, Smart and Next mobile phone users to receive their money at any of over 18,000 GCASH locations throughout the Philippines.
The SendGCASH Billpay service allows customers to pay bills for their families and associates in the Philippines.
The SendGCASH BancNet service allows customers to send money directly into a bank belonging to the Philippine BancNet system.
SendGCASH provides these services exclusively to the Philippines. SendGCASH is taking advantage of new mobile money transfer technology and sharing the savings with customers. SendGCASH customers will find the website easy to use. SendGCASH customers can create a one-time transaction, or set up repeating transactions on a weekly, twice per month or monthly basis. The owners of SendGCASH have family back in the Philippines. SendGCASH understands the needs of customers concerning the ability to send money to their friends and family in the Philippines. SendGCASH provides a toll-free help desk with customer support reps that speak English and Filipino dialects.
SendGCASH’s goal is to provide the best money transmission service exclusively to the Philippines. SendGCASH provides their customers an easy to use, low cost, secure and reliable way to send money to the Philippines.