Welcome to GCash Junior!
GCash Junior is an electronic wallet specially designed for teens (“Minor”) to help them develop good money habits. Subject to these terms and conditions (“Terms”), GCash Junior allows the Minor to access non-age restricted GCash products and services, such as pay bills, buy load, pay QR, offline cash in, online payments, book movies, send money, cash out, send to bank, online bank cash-in, international remittance, and GLife. The GCash products and services made available to minors may be modified by Gcash from time to time.
Please read these Terms prior to completing the registration for a GCash Junior account. It shall be the parent, legal guardian, or other person exercising parental authority over the Minor who allows, authorizes, and consents to the opening of the Minor’s GCash Junior Account who shall be principally responsible over the account and wallet as well for the Minor to read and understand and deemed to accept these Terms and explain to the Minor the use of the GCash products and services.
As used in these Terms, “GXI”, “GCash”, “we”, “us”, and “our” refer to G-Xchange, Inc. and its directors, officers, employees, affiliates, representatives, partners, successors and assigns. “Customer”, “User”, “you”, and “your” refer to the Minor and the parent/guardian, or other person exercising parental authority over the Minor who allows, authorizes, and who has given consent to the registration and use by the Minor of GCash Junior. “GCash Group” refers to (i) G-Xchange, Inc., (ii) Fuse Lending, Inc., (iii) Globe Fintech Innovations, Inc., (iii) their affiliates and subsidiaries, (iv) their business partners, service providers, and other third-party partners contracted by it for the purpose of conducting its business operations, and (v) their respective, officers, employees, agents, and representatives.
These Terms shall govern how you may access and use GCash Junior and all other associated services (collectively, “GCash Services”). By registering to GCash Junior, you accept and agree to be legally bound by these Terms. If you do not understand or do not wish to be bound by these Terms, you cannot access or use any or a portion of the GCash Services.
These Terms shall be effective, valid, and binding from the time of your registration and shall remain valid and existing up to the time that it is terminated by you or us, save for those provisions that will survive and remain effective after termination as stated in these Terms or pursuant to law or regulation.
GCash reserves the right to modify these Terms at any time without any advance notice. Any changes to these Terms will be effective immediately upon posting on GCash App and GCash website, with an updated effective date. By accessing or using the GCash Services after any changes to these Terms, you signify your agreement on a prospective basis to the modified or revised Terms.
The above persons exercising parental authority over the Minor may submit the above requirements in place of the parent/guardian.
If the consent and submission of requirements are provided by persons other than the parent of the Minor, GXI will require the following documents as proof of relationship with, or parental authority over, the Minor:
REGISTRATION AND VERIFICATION PROCESS
THE PARENT / GUARDIAN / OTHER PERSON EXERCISING PARENTAL AUTHORITY
DATA PRIVACY CONSENT
You hereby give your consent to GCash Group (as defined below) to process, collect, store, your Personal Information or Sensitive Personal Information (collectively “Personal Data”) obtained from you in the course of your transaction(s) with GCash Group. You understand and agree that your Personal Data and that of your may be disclosed or shared by GCash Group to its members for know-your-client, cross-selling, marketing, or profiling (manual or automatic) purposes to offer and provide new or related products and services of the GCash Group. Further, you hereby give your consent to any member of the GCash Group to process, collect, use, store, share or disclose your personal information or sensitive personal information to third parties for legitimate purposes, or to provide services to you or implement transactions which you may request, allow, or authorize in compliance with the requirements of the Data Privacy Act.
You confirm that you understand and agree that your information may continue to be processed, collected, used, stored, or disclosed for ten (10) years from your last transaction date with any member of the GCash Group or until the expiration of the retention limits set by applicable laws, whichever comes later. You further acknowledge that you have read and understood GCash’s Data Privacy Notice.
You undertake to comply with all applicable provisions of (i) AMLA Laws consisting of Republic Act No. 9160 or the Anti-Money Laundering Act, Bangko Sentral ng Pilipinas (BSP) Circular No. 706, Series of 2011 or the Updated Anti-Money Laundering Rules and Regulations, and the BSP Circular No. 950-17 or the Amendments to Part Eight or the Anti-Money Laundering Regulations of the Manual of Regulations for Banks and Manual of Regulations for Non-Bank Financial Institutions; (ii) Republic Act No. 10168 or The Terrorism Financing Prevention and Suppression Act of 2012; (iii) Republic Act No. 11479 or the Anti-Terrorism Act of 2020; (v) Republic Act No. 9372 or the Human Security Act; (vi) Batas Pambansa Blg. 881 or the Omnibus Election Code of the Philippines; (vii) Act No. 3815 or The Revised Penal Code of the Philippines; and (viii) their respective amendments and implementing guidelines, rules, and regulations. GCash reserves its rights and remedies under these Terms and applicable laws for any violation of these laws.
By registering to GCash Junior, you hereby certify and confirm that you have read, understood, and agreed in full to these Terms and the GCash Terms and Conditions (the “GCash Terms and Conditions”) and have fully understood and agreed to be governed by the provisions thereof, as well as the rules and regulations of Bangko Sentral ng Pilipinas, Anti-Money Laundering Council, the Bureau of Internal Revenue with respect to taxes imposed on your transactions relative to your use of the GCash App. You also hereby affirm the features, requirements, risks, and benefits of the GCash Services. You further declare that you have fully understood and agree to be governed by the rules and regulations of each of the GCash products and services you are availing. You also acknowledge that the GCash Terms and Conditions were made available to you upon registration, and copies were posted on GCash’s website.
You further undertake to promptly notify GCash should there be a change in the relationship with the minor such as guardianship or parental authority over the minor has ceased for whatever reason. In the latter case, you agree that GXI, at its sole discretion, may subject the minor’s account to another verification process.
Unless loss or damage is solely attributable to GCash’s gross negligence, GCash shall not be liable for any loss or damage sustained by you or any other person by reason of your use of GCash Junior or relative to your transactions using the GCash App, the risk for all are assumed by you. By registering, you authorize GCash to disclose information necessary for the execution of your GCash transaction and you agree that GCash shall not be liable for any loss or damage that you may sustain or incur arising from, or in connection, with the disclosure of any such information. You authorize GCash to collect/debit from your wallet any and all applicable fees and charges relative to the processing and implementation of this transaction.