• GCash extends a benefits program to cover LGBTQIA+ and domestic partners of employees.
• The initiative aims to promote gender equality aligned with UN SDG No. 5.
• The Life Partner Benefits Program offers health insurance, disability and accident insurance, bereavement coverage, wellness allowances, and access to tech apps like KonsultaMD and Mind You.

Although the pride month is already over, mobile e-wallet GCash disclosed recently that its benefits program will now also cover the LGBTQIA+ and domestic partners of their employees.

Life Partner Benefits Program

In a statement, GCash stated it aligned the initiative to promote gender equality in line with the United Nations Sustainable Development Goal (SDG) No. 5.

The new program allows employees to extend benefits to their partners, irrespective of gender or marital status. 

According to GCash Chief People Officer Robert Gonzales, the life program will provide beneficiaries with services such as health insurances and Disability and Accident Insurance. It also includes coverage for bereavement needs, wellness allowances, as well as access to tech apps such as KonsultaMD and Mind You.

“At GCash, we understand that our employees have different needs, including wanting to take care of their loved ones,” Gonzales stated. 

Minimal documentation is required for employees to declare their partners as dependents.

“We made sure our application process for this program is easy and simple. We want all of our GCash kabarkadas to have access to company benefits that will help uplift their quality of life, without any bias or discrimination,” added Gonzales.  

GCash Recognitions

Last April, GCash, as well as its rival Maya, both topped professional networks platform ‌ LinkedIn’s list of the best companies in 2023; where its parent company Mynt in second place and the latter in third. 

Accordingly, the Special Industry Report on FinTech (Financial Technology) in the Philippines, conducted by polling and data analytics firm WR Numero Research (WRN), revealed that GCash and Binance are the most trusted fintech platforms in the country in 2022.

Recent GCash Updates

The number of users of the mobile e-wallet currently amounts to 77 million users.

Ernest Cu, the CEO of Globe Telecom, stated recently that GCash is ready for its highly anticipated Initial Public Offering (IPO) sebut this year, noting the firm is “pretty much ripe”.

In addition, CIMB Bank Philippines, Inc. announced that GCredit, the revolving credit line feature within the GCash app, has surpassed two million customers as of April 2023.

Last March, GCash held its annual FutureCast Summit and revealed new innovations within their platform such as a cryptocurrency trading platform called GCrypto, in-app stock trading platform GStocks, lending and installment services GCredit, GLoan, and GGives, and international access GCash Overseas. 

This article is published on BitPinas: LGBTQIA+, domestic partners now part of GCash employee benefits

Disclaimer: BitPinas articles and its external content are not financial advice. The team serves to deliver independent, unbiased news to provide information for Philippine-crypto and beyond.

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• Source: https://bitpinas.com/fintech/lgbtqia-and-domestic-partners-now-part-of-gcash-employee-benefits/