Because of the problems caused by super typhoon Carina (international name Gaemi), GCash has announced that GLoan and GGives borrowers in disaster-hit areas will have two weeks to make up their payments. This is through Fuse Lending, GCash’s lending business.
“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.
Customers in some Typhoon Carina-affected areas of regions III, IV-A, and the National Capital Region are able to postpone their loan payments until August without incurring additional fees.
Also, from July 25 at noon until July 31, GCash is not charging fees for people who use buy load deals worth P59 or less.
Customers who were affected by the heavy rains and flooding would be able to stay in touch with their loved ones, get the latest news, and easily keep doing things like working from home.
To help sari-sari stores in areas affected by super typhoon Carina continue to provide services to their communities, the 0.5% cash-in fee for GCash Pera Outlets is also waived.
This would allow them to fund their wallets without any additional cost and allow them to provide much-needed services like buying load, pay bills, as well as cash-in and cash-out.
“We are deeply concerned for areas affected by Typhoon Carina,” said Ren-Ren Reyes president and CEO of GCash mobile wallet operators G-Xchange, Inc. “Our priority now is to ensure concerned organizations can quickly mobilize aid, tapping into the reach and impact of GCash.”
Beware of scammers posing as donation drives
Users are told to only gift through official payment methods, like the GCash app, and to only do business with organizations they know and trust, so they do not give money to sketchy groups. Customers should never give anyone else their MPIN or OTP.
Before giving to personal donation drives, GCash asks people to do thorough background checks on both persons and groups.
