With the COVID-19 pandemic rapidly pushing everyone to adapt digital payments, GCash emerged as the top finance app in the Philippines. In fact, it even ranks higher than other popular apps like Netflix, Twitter, Grab, and TikTok.
Based on data obtained by App Annie, GCash was among the top apps in terms of active users from January to September 2020 for both Android and iOS. Compared to September last year, GCash registered a massive 130% active user growth. Currently, GCash has over 26 million users.
“GCash is providing democratized access to financial technology or FinTech by making it easier for them to navigate the challenges of financial volatility in these trying times,” Sazon added.