Leading a new era of payment in the Philippines: BiPay and GCash join hands to create a new chapter

In the Philippines, a vibrant frontier of the digital economy, the innovation and integration of payment methods are changing the business ecosystem at an unprecedented speed. Today, we are honored to announce that Bifu Pay, as an industry-leading third-party payment solution provider, has officially reached a strategic cooperation with GCash, a national super app in the Philippines, to jointly launch the "Bifu GCash Collection and Payment" service, opening a new era of seamless and efficient payment for Philippine and cross-border merchants.

Bifu Pay: Defining a new payment boundary

Since its establishment, Bifu Pay has always been committed to optimizing the payment process through technological innovation and providing global merchants with safe, convenient and multi-channel payment solutions. We are well aware that in a fast-growing e-commerce and financial technology market like the Philippines, the optimization of the payment experience is directly related to the competitiveness of merchants and the satisfaction of consumers. Therefore, Bifu Pay continues to explore cooperation opportunities with local and international payment giants, striving to bring more comprehensive and efficient payment services to merchants.

GCash: A leader in the field of payment in the Philippines

GCash, as one of the most popular super apps in the Philippines, has a huge user base and a wide range of service coverage. From daily transfers, bill payments to online shopping, GCash has penetrated almost every aspect of Filipino life. Its powerful payment network, convenient operation experience and constantly innovative service model have made GCash a benchmark in the Philippine payment field.

GCash Collection and Payment: Reshaping the Payment Experience

In this cooperation, GCash and GCash have joined forces to launch the "GCash Collection and Payment" service. This service not only integrates the payment advantages of GCash, but also incorporates GCash's deep accumulation in the field of cross-border payments, providing the following core values for Philippine and cross-border merchants:

Efficient Collection: Through GCash Collection Service, merchants can easily receive payments from consumers in the Philippines and even around the world, and funds can be quickly received, improving capital turnover.

Convenient Payment: For merchants who need to pay Philippine suppliers or employees, GCash Payment Service provides a safe and fast solution to simplify the payment process and reduce operating costs.

Diversified payment channels: Combining the payment networks of GCash and Bifu Pay, merchants can cover more payment scenarios, meet the payment habits of different consumers, and improve the payment success rate.

Cross-border friendly: For cross-border merchants, Bifu GCash collection and payment service provides professional cross-border payment solutions to help merchants overcome challenges such as exchange rate fluctuations and fund supervision and achieve global layout.

Create the future together: payment without boundaries, unlimited services

With the launch of the "Bifu GCash collection and payment" service, we believe that it will further promote payment innovation and development in the Philippines and even Southeast Asia. Bifu Pay and GCash will go hand in hand to continuously explore new boundaries in the payment field and bring merchants and consumers a better and more efficient payment experience.

In the days to come, we look forward to witnessing the prosperity and growth of the Philippine payment industry with more partners. Let us work together to create a beautiful future with unlimited payment and unlimited services!