The unprecedented growth of the digital economy during the COVID-19 pandemic 
was a phenomenon that GCash, the Philippines' no.1 mobile wallet app, has been 
ready for. Thanks to its collaboration with Amazon Web Services (AWS), the 
e-wallet app was able to further strengthen the skills and expertise of its 
consultants, engineers, architects, and developers to keep up with the surge of 
digital transformation in the country.

During the AWS Summit ASEAN, an event attended by technology and business 
decision-makers to gain knowledge on cloud technology, GCash president and CEO 
Martha Sazon shared, "as the pandemic hastened the adoption of digital 
services, it led to the boom of the internet economy. Anticipating the shift to 
online, we made sure that GCash was ready for the surge and prepared to be a 
lifeline of Filipinos and Filipino businesses."

The partnership with AWS has facilitated more effective digital business 
solutions and innovative digital financial services by streamlining its 
business process, which is crucial in the digitally-driven world. GCash was 
able to leverage on AWS' well-built framework to minimize expenditures and save 
approximately USD3.8 million in cloud-related expenses in 2021.

Using advanced robotic processes automation on AWS, GCash was able to swiftly 
automate its finance processes, enjoying approximately 85 percent improvement 
in processing time for recount, refunding and resettlement, saving the company 
more than 2,600 man hours per month.

Sazon emphasized that benefits from using cloud technology has helped GCash 
further develop its platform to empower Filipinos with the introduction of 
innovative and accessible financial solutions like GGives, a "buy now, pay 
later" product, and GCashPera Outlet (PO), its digital solution for micro, 
small and medium enterprises (MSMEs).

In a separate interview conducted by Foo Boon Ping, the managing editor of the 
Asian Banker, a leading provider of strategic intelligence and builder of 
platforms in the financial services industry, Sazon also shared, "we constantly 
innovate to give Filipinos, especially the unbanked access to financial 
services and uplift their lives. Through AWS, we empowered millions of 
Filipinos when the world closed down. We will continue working with AWS as the 
world slowly continues to open up, and we will continue to provide 
opportunities to make every Filipino's life better."

AWS ASEAN managing director Conor McNamara also shared his insight on working 
with GCash.

"When you're moving as quickly as Mynt is, you want to make sure that you're 
able to scale quickly and support its fast-growing customer base, and they also 
have a very aggressive product innovation roadmap. We're very focused as well 
on the training and improving the productivity of developers and making sure 
that we provide access to our local, regional, and global team so that AWS and 
Mynt can be as productive as possible in terms of launching new products, 
access to on-demand cloud infrastructure, and cutting edge services," McNamara 
said.

With its vision of financial inclusion for all, GCash now has more than 66 
million users in the Philippines who trust the app for their essential 
transactions, which include sending money, buying prepaid load, paying bills, 
and bank transfer. Aside from these, the e-wallet app also offers a full suite 
of financial products such as GSave, an online savings bank; GInvest, an easy 
investment feature; GCredit, a personal credit line with up to P30,000 credit 
line and up to 3% prorated interest rate, and GLife, the e-commerce feature on 
the GCash app that allows users to shop exclusive deals from brands across 
retail, food, gaming, entertainment, and transport.

www.gcash.com

SOURCE GCash