Gcash limits daily transactions to avoid vote buying

GCash has imposed a temporary daily transaction limit on "Express Send" and "Send via QR" to avoid vote-buying in the 2025 midterm elections.

In an advisory, GCash said the daily transaction limit will be implemented until May 12, 2025, the day of the elections. Normal transactions will resume the following day, May 13, 2025.

“Ang mga hakbang na ito ay para sa patas at ligtas na halalan. Sa pagpigil sa financial influence sa boto ng mga tao, masisigurong tunay na boses ng mamamayan ang resulta ng eleksyon,” GCash said.

“Babantayan ng GCash ang mga transactions para matiyak na hindi ito ginagamit sa ilegal na election activities,” it added.

(These steps are implemented to ensure fair and safe elections. By preventing financial influence on people's votes, we can ensure that the election results truly reflect the people’s voice. GCash will monitor the transactions to ensure that money will not be used in illegal election activities.)

Once the daily limit is reached, GCash said its users can transact on the following day.

GCash also said business users are included in the temporary restrictions.

“Any unusual transaction flow between accounts, digital banking and digital wallets, including unusual large cash withdrawals involving the amount exceeding P500,000, encashment of checks, during election period, which have no underlying legal/trade obligation, purpose or economic justification or the amount involved is not commensurate with the business or financial profile of the client, shall be considered suspicious transactions of vote buying and vote selling,” the Commission on Elections (Comelec) Resolution 11104 read.

Comelec earlier said it will impose stricter measures to curb vote-buying, vote-selling and prevent the abuse of state resources for Eleksyon 2025 by implementing stronger mechanisms. — BAP, GMA Integrated News

For more Eleksyon 2025 related content and updates, visit GMA News Online's Eleksyon 2025 microsite.