My life in the past three years has revolved around staying at home and earning some form of income via the internet. I have online stores in the US and also get foreign clients for my blog who want to do sponsored posts with link placements. This means that am being paid in US dollars which I then have to convert in pesos to spend locally.
When it comes to transferring money, I’ve found out that GCASH is a hassle-free alternative. All it takes is to download the Gcash app on our smartphones and we’ve got a very powerful mobile wallet that can do a lot of things like pay bills,shop, buy load, send payments or remittances and invest money. In my case,my main interest is transferring money in my Paypal to my local bank account.
I find this very easy with Gcash because I just have to open the app on my phone and select Cash In.
We can choose from over-the-counter methods or online banking methods, which can also be found under Bank Transfer.
If you are transferring money to GCash from an international account, choose from one of the remittance options. GCash has partnered with money transfer channels such as Western Union, Moneygram and AlipayHK, which are popular among overseas Filipino workers.
If you choose over-the-counter cash-in, GCash has 15,000 partner outlets that will accept transfers to your GCash account. Choose one.
If you prefer to do online banking, there are 36 banks that will allow you to link your bank account with GCash so you can move your money from your bank to your GCash app. The banks include major ones like BDO, BPI, Security Bank and Land Bank among others.Make sure you check if your bank charges fees for such transfers.
As of July 2019, the cash-in limit is P50,000 per day, but that should be enough to cover most people’s daily transactions.
Anyway, when choosing a money transfer provider, I consider a company’s reliability, security and seamless operating system. And this is why I chose Gcash. It has 20 million satisfied users and 63,000 partner merchants.
Aside from this, Gcash also offers other financial services readily accessed from the app. This includes the first fully mobile credit line through GCredit; the highest interest earning on savings through GSave; and accessible insurance and investment options through Invest Money and GCash Insure.