GCash Cuts MRT-3 Fares 50%, Waives OFW Fees Until April 30
Mynt President and CEO Martha Sazon announced GCash is distributing government fuel subsidies to public transport drivers while launching a 50% MRT-3 fare discount and extending fee-free remittances for overseas Filipino workers in the Middle East through April 30, 2026.
Key Takeaway
GCash is positioning itself as critical infrastructure for government aid distribution during economic stress.
Mynt President and CEO Martha Sazon said GCash has been helping distribute government aid, especially fuel subsidies to public transport drivers, to encourage more mobility across Metro Manila.
The 50% MRT-3 fare discount launched this week, cutting daily commute costs for thousands of workers who use the app to pay. GCash also extended its fee waiver for OFWs sending money from the Middle East through April 30, 2026. Sazon called remittances from overseas Filipinos one of the key revenue sources of the country, and said the platform has been helping money flow back home.
Sazon spoke Wednesday at CNBC CONVERGE LIVE 2026 in Singapore, where regional tech and finance leaders gathered to discuss how companies are responding to economic pressures. GoTo Group CEO Hans Patuwo noted Indonesia's resilience but warned that looming subsidy cuts could trigger inflation and strain household consumption. FWD Group CEO Huynh Thanh Phong highlighted the importance of trust, stressing that insurers must help customers avoid emotional decisions that could leave them vulnerable during crises.
GCash has been working directly with the Land Transportation Franchising and Regulatory Board to disburse fuel subsidies digitally to drivers and operators, a program that expanded during the COVID-19 pandemic when the platform helped keep the local economy running and aid flowing while mobility was restricted. The company also pivoted to offer livelihood tools through GCash Pera Outlet and GJobs, targeting repatriated workers who need alternative income streams until April 30, 2026.
🇵🇭 What This Means for Filipinos: The 50% MRT-3 discount directly lowers daily transport costs for thousands of Metro Manila workers who already use GCash for payments. OFWs in the Middle East save on remittance fees until April 30, 2026, keeping more money flowing into Filipino households. GCash's fuel subsidy partnership with LTFRB means jeepney and tricycle drivers receive aid faster and digitally, bypassing the delays and corruption risks of cash distribution.
