Utilizing GCash quite frequently as of late? I know that cashless payments makes it simpler to make payments, requires less items to be carried, and is more convenient. However, as we are all aware, the GCash Cash-In service is costly. Even something as small as PHP 5 could end up being rather valuable in the long run.
But worry no more! Here is a list of the fees that come with the different ways to cash in.
You may have gotten free cash-ins from BPI or UnionBank in the past, but we have bad news: starting October 2, GCash will charge a fee for every transaction.
Both BPI and UnionBank transactions now cost PHP5.
While the fees for other banks will range from PHP1 to PHP50. Over 40 banks work with GCash, and each bank charges its own service fee to use InstaPay.
For PayPal there is no transaction fees.
Supermarket
Department Stores
Machines
Pawnshop
Payment Facilities
Convenience Stores
Logistics
As soon as you go over the P8,000 monthly limit, a service fee of 2% will be applied to the amount that you went over.
This monthly restriction is reset to its original state on the beginning of the month.
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