In 2008, Mr. Manuel Grullón Hernández, current Chairman, had the vision of creating a product where the mobile phone was an instrument for managing personal financial transactions. The first phase was conceptualized as a remittance service in which users were able to receive funds directly on their mobile phone. These funds were used for buying mobile minutes, purchasing in commerce, paying bills and transferring money.
Subsequently, Grullón Hernández formerly partners with Xtrategies, a renowned consulting firm; with whom, during the research and development process, define a service whose funds do not depend on the remittance, but of bank accounts and later on of credit cards, under a collaborative model involving several companies: telecommunications companies, banks, acquirers and billers; to create a platform that would make life easier for people to adopt it as a payment channel.
In early 2009 GCS Systems was formally born, created by Manuel A. Grullón Hernández, Day Jiménez, Alfonso Paniagua and Brian Paniagua, who were strategists, promoters and executors of the business plan. Their main vision was to create solutions for mobile technologies and business models for the various banking systems and the market in general.
A year later, in July 2010, the tPago product was launched to the Dominican public, being the first and only mobile platform that permits you to check your balance, make payments, purchase in commerce, recharge mobile minutes, donate to numerous nonprofit organizations in the most complete and secure way.
Currently, GCS is the most relevant FinTech in Dominican Republic, specialized in cutting-edge technology for the processing of a large scale of financial transactions. Focusing on the development of mobile solutions and the customized implementation of special projects for corporate institutions at an international level.