GCash vs Maya
short answerBoth are traditional neobanks. GCash is the larger platform (~94M users) and is built for underbanked; Maya holds its own banking license and supports stablecoins. Compare custody, license, FX markup and fees field by field below.
GCash: The Philippines' super-app wallet; ~94M users, GCredit + GSave make it bank-like.
Maya: PH super-app; regulated custodial crypto.
Side by side
| GCash | Maya | |
|---|---|---|
| Category | traditional | traditional |
| Audience | underbanked | general |
| HQ | Manila, PH | Manila, PH |
| Founded | 2004 | 2022 |
| Custody | Custodial | Custodial |
| Regulation | E-money institution | Licensed bank |
| License detail | E-money issuer license (EMI-NBFI, Bangko Sentral ng Pilipinas) via G-Xchange Inc.; Mynt group | PH digital bank + EMI + VASP |
| Card | Visa · Debit (GCash Card) | Visa · Debit |
| Cashback | — | Missions |
| Yield | GSave up to 2.6% | Up to ~10% promo savings |
| FX markup | — | — |
| Services | — | — |
| Stablecoins | No | Yes |
| KYC | Yes | Yes |
| Regions | Asia | Asia |
| Reported users | 94M users (2024) | 30M users (2024) |
Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.