Mobile wallet GCash said it reinforced its commitment to protect users through cutting-edge cybersecurity measures and fraud protection programs.
After launching its services in the US in March 2023, GCash enabled over four million Filipinos to download GCash using their US mobile numbers, allowing them to securely send money back to the Philippines instantly and cash-in in real time, or even pay bills for personal investments back home.
Users that still have valid Filipino government-issued IDs may create a GCash wallet to access the GCash suite of services, while those who no longer have IDs can still download and use the app to send money.
GCash said it employs a strict “1 Device, 1 Account” policy, ensuring that only the registered device can access a user’s account. This prevents cybercriminals from logging in from unauthorized devices and significantly reduces the risk of hacking.
It said to further enhance security, it introduced a feature that blocks access from modified, jailbroken or rooted devices. “By allowing the app to run only on devices with standard security settings, GCash prevents potential vulnerabilities that fraudsters might exploit,” it said.
