24.3 C
Manila
Thursday, January 21, 2021

GCash cash-in via MasterCard/Visa will have 2.58% convenience fee starting July 6

Must Read

Review: 1More ColorBuds True Wireless In-Ear Headphones

Earphones have been our companion in solitude and in crowds. It has always been essential to own a good...

Give the Gift of Time this Christmas with Huawei Watch GT 2 Pro

With the holiday season fast approaching, we are faced with the challenge of finding the perfect gift for your...

5 Awesome features of the Huawei Watch GT 2 Pro

The Huawei Watch GT 2 Pro is a smartwatch that offers premium design without skimping on its awesome smartwatch...

HUAWEI WATCH GT 2 Pro Unboxing and First Impressions

Huawei Philippines had just released its latest smartwatch—the Huawei Watch GT 2 Pro. It is almost similar but with...

Review: TECNO POVA

TECNO Mobile has just introduced a new smartphone, the TECNO POVA the company’s newest budget gaming-capable smartphone that features...

GCash announced that starting July 6, 2020, a convenience fee of 2.58% will be charged for cash-in services via MasterCard and Visa. According to GCash, this is due to the direct charges from their payment partners and will be paid directly for their services.

The convenience fee will be computed and will be reflected on your GCash app for each cash-in via bank card transaction. For instance, if a customer cashes in Php 100 on his GCash wallet, the customer will be charged 2.58% convenience fee which is equivalent to Php 2.58, making the total amount of cash-in that will be charged to the card Php 102.58.

cash-in Amount PHP 100
Convenience Fee 2.58%
Convenience Fee Charged PHP 2.58
Total Charge to Your Bank Card PHP 102.58

GCash stressed that the fee is lower than other mobile wallets which charge a flat rate of Php 30 for cash-in transactions below Php 1,000.

Related Article: How to send funds from GCash to your Paymaya Account

GCash also said that it still provides other cash-in options that are free such as cash-in via linked BPI or UnionBank accounts or you may also cash-in with your respective bank’s app/website via InstaPay as most bank’s InstaPay service remains free until further notice.

GCash account holders that cash-in via MasterCard/Visa can check their transaction history via their GCash app or may download their transaction history through their nominated email address.

Related Article: Preventing the spread of COVID-19 through GCash Pay Bills

Leave a comment down below and share your thoughts with us!

Want more features like this? Please follow us on Facebook, Twitter, and Instagram to get the latest trends.

SourceGCash

Latest News

Max’s All-You-Can™ is back and better than ever!

Max’s Restaurant, the Filipino restaurant chain famous for its signature Sarap-To-The-Bones® Fried Chicken, has announced the return of a...

realme starts 2021 with multiple awards worldwide

The previous year is one to remember for realme as it scored local and international awards for its quality products and business milestones. realme’s...

Break Free From “Gas-tos” This 2021 w/ Seaoil

Fast-track your recovery this year with SEAOIL’s Lifetime Free Gas (LFG) Promo. You still have a chance to be one of the three lucky winners...

Make This a Year for Reinvention With Globe and Samsung Galaxy S21+ 5G and S21 Ultra 5G

Since the Samsung S Series was first launched in 2010, it has set the standard for devices that provide a groundbreaking experience for those...

Families Reinvent the Disney Experience with Globe At Home

On top of fast and reliable home internet connection, Globe At Home also offers its customers a world full of exciting freebies and perks....

Globe Platinum customers honors medical front liners with Noche Buena feasts on Christmas Eve

Globe Platinum customers showed once more their support  to medical frontliners who were on duty during the holiday season with messages of gratitude and...

Manulife’s new digital campaign strengthens its commitment to helping Filipinos make every day better in 2021

Leading global life insurer Manulife has launched a new digital campaign to reaffirm and strengthen its commitment to help Filipinos make every day better...

More Articles Like This