For many of us, our lives have temporarily come to a grinding halt when the enhanced quarantine was put into effect to control the spread of the COVID-19 virus. This means people cannot go out, and for some, cannot send money to loved ones through traditional remittance methods such as pera padala centers.
Thankfully, you can send money or transfer funds using GCash without going out of your house. Through the Send Money feature, you can use your mobile phones to send money for free to GCash, e-wallet or bank accounts anywhere in the Philippines.
Sending money through GCash is fast and easy. All you need is a mobile phone with an Internet connection and a GCash account with sufficient funds. Take note that sending is free, meaning there is no transaction fee.
How to send money to another GCash account
- Open the GCash app and tap “Send Money.”
- Tap “Express Send”
- Enter your receiver’s GCash mobile number. You can also send to mobile numbers saved in your contacts.
- Enter the amount to be sent.
- Tap “Send Money” to complete the transaction.
- Receive text confirmation.
How to send money from GCash to a bank account / e-wallet (via InstaPay)
- Open the GCash app and tap “Send Money.”
- Tap “Send to Bank.”
- You can choose a pre-saved bank or e-wallet account or you can choose an account from over 40 banks and e-wallets via InstaPay.
- Enter the amount to be sent.
- Input the following details: Receiver’s Account Name and Account Number, and Email where the receipt will be sent (optional).
- Tap “Send Money” to complete the transaction.
- Receive text confirmation.
How to cash-out or withdraw money from your GCash account
Users can cash-out or withdraw the money from their GCash accounts through the following methods:
- If you have the GCash MasterCard, you can withdraw from any BancNet or MasterCard affiliated ATM like a regular debit card. Transction fees may apply.
- GCash Partner Outlets: Villiarica, Tambunting, RD Pawnshop, Robinson’s, Bayad Center, Puregold, SM, Expresspay. Transction fees may apply.
- Globe Stores. Transaction fee: PHP 20 for every amount in excess of PHP 1,000.
Related: Donate to the Philippine Red Cross using your PayMaya account
With GCash, you can enjoy hassle free cashless transactions. I have personally used it to pay for in-store purchases, buy prepaid load, and transfer funds to GCash and bank accounts.
You can download the GCash app on Google Play and the Apple App Store. Opening a GCash account is free.