GCash: Reshaping the new third-party payment ecosystem in the Philippines

In the vibrant market of the Philippines, the third-party payment industry is booming at an unprecedented rate. As an industry leader, BifuPay has joined hands with the GCash native channel to bring an unprecedented payment experience to merchants and consumers. Today, let us step into the world of BifuPay GCash and explore how it reshapes the new third-party payment ecosystem in the Philippines.

BifuPay GCash: Efficient and secure payment solution

The BifuPay GCash native channel has won wide recognition in the market with its 100% success rate and stable and reliable transaction performance. Whether you are an e-commerce platform or an offline merchant, you can find the payment model that suits you best here. The channel supports API docking, with a collection rate of only 4.5%, a collection rate as low as 20p, supports PHP currencies, and a daily transaction limit of up to 50 million PHP, meeting the large-scale transaction needs of various merchants.

GCash: The mobile payment giant in the Philippines

When it comes to mobile payments in the Philippines, GCash is undoubtedly an unavoidable topic. As the Philippine version of "Alipay", GCash not only has a huge user base (as of June 2022, the number of registered users has reached 66 million), but also provides a rich and diverse payment function. Users can easily complete mobile phone recharge, transfer, payment, scan code shopping and other operations through GCash, which greatly facilitates daily life.

The success of GCash is not accidental. Behind it is strong technical support and constantly innovative business models. For example, GCash has achieved a comprehensive upgrade of the system through the OceanBase database upgrade, greatly improving the stability and concurrent processing capabilities of the system. This move not only reduces operation and maintenance costs, but also improves user experience, allowing GCash to firmly sit in the top spot in the Philippine mobile payment market.

CoinPay GCash: A new chapter of win-win cooperation

The cooperation between CoinPay and GCash is undoubtedly a model of win-win. Through the native channel of CoinPay GCash, merchants can enjoy efficient and secure payment services, improve transaction efficiency and customer satisfaction. At the same time, CoinPay has also further expanded its business territory with the help of GCash's huge user base and market influence.

This cooperation model not only promotes the healthy development of the third-party payment industry in the Philippines, but also brings tangible benefits to merchants and consumers. Driven by CoinPay GCash, the digital economy in the Philippines is moving forward at an unprecedented speed.

Future Outlook: Create a brilliant future together

Looking forward to the future, GCash will continue to uphold the concept of "legality, compliance, and security" and work hand in hand with more merchants to jointly create a more prosperous and healthy payment ecosystem. With the continuous advancement of technology and the continuous expansion of the market, we have reason to believe that GCash will write a more brilliant chapter in the third-party payment industry in the Philippines.

In this era full of opportunities and challenges, let us look forward to GCash bringing more surprises and changes to the payment industry in the Philippines and even the world!