- Home
- Business info
- GCash tops 60M users despite rival’s digital bank license
GCash tops 60M users despite rival’s digital bank license
![](https://en.pvc.asia/wp-content/uploads/business177-thumb.jpg)
![](https://en.pvc.asia/wp-content/uploads/business177-01.jpg)
![](https://en.pvc.asia/wp-content/uploads/business177-02.jpg)
Mobile wallet GCash, now boasts more than 60 million registered users, with its top official saying it remains “undisputed” in the market despite its main rival getting a boost in the digital banking space.
GCash the fintech platform continues to enjoy its dominance as it now covers 83% of the country’s adult population, almost two decades after its launch.
Amid a pandemic-driven boom in digital payments, GCash noted it has been recording 29 million daily logins, with a peak in daily transactions at 19 million.
Source: CNN philippines