The Philippine Crop Insurance Corp. (PCIC) has partnered with G-Xchange to allow farmers to receive indemnity payouts directly through GCash.
This initiative aims to make the payment process more convenient, eliminating the need for farmers to visit PCIC offices or attend check distribution events.
PCIC president JB Jovy Bernabe stated that the collaboration will streamline the distribution of indemnity payments, offering a more efficient solution for farmers.
Beyond indemnity payments, the partnership connects farmers to GCash’s financial services, such as savings, investments, and microfinancing. This expansion strengthens financial stability, especially in remote areas with limited banking access.