MoneyGram and Philippines-based mobile wallet GCash have announced customers worldwide can now send remittances to over 10 million GCash mobile wallets in the country at any time, according to a press release. 

"With the growing number of overseas Filipino workers looking for a reliable way to send money back home, the collaboration with GCash aligns with our strategy to provide user-friendly, rapid-response and low-cost channels to send money across borders," Alex Holmes, MoneyGram's chairman and CEO, said in the release. "The expansion of digital channels combined with a strong network of agent locations, enables MoneyGram to offer a differentiated customer experience that allows consumers to transact with us their way."

Funds can be sent via MoneyGram online, or at any one of MoneyGram's thousands of locations in 200 countries and territories around the world, to reach a GCash mobile wallet in minutes. Money will be deposited into the mobile wallet in the Philippine Peso. The receiver will get an SMS notification of every incoming money transfer and will be able to use funds instantly for purchasing goods and services online or paying bills, according to the release.