Gcash Merchants: Accept Gcash Payments for Your Business
Congratulations on starting your own business and taking it online! You’re probably wondering how your customers will be able to pay you, and giving out your bank account number may not feel like a safe option.
That’s where Gcash comes in. You may have originally thought of Gcash as just a personal e-wallet, but it can also serve as a business wallet. Plus, as Gcash Merchants, you’ll have access to the millions of Gcash users, giving you a head start in your new venture
Gcash Merchants Application Guide
Gcash is a popular mobile wallet and online payment platform in the Philippines that allows users to pay for goods and services, transfer money, and buy load for their phones. As a Gcash merchant, you can easily accept payments from customers who use the Gcash app.
In this guide, we will explain how to apply to become a Gcash merchant and how to use Gcash to accept payments for your business.
Individual
If you are an individual who wants to use Gcash to accept payments for your business, you can apply to become a Gcash merchant by filling out the online application form on the Gcash website. You will need to provide some personal information, such as your name, contact details, and a valid ID.
Sole Proprietorship
If you are a sole proprietor, you can apply to become a Gcash merchant by filling out the online application form on the Gcash website. You will need to provide some personal and business information, such as your name, contact details, and business registration documents.
Partnership
If you are a partnership, you can apply to become a Gcash merchant by filling out the online application form on the Gcash website. You will need to provide some personal and business information, such as the names and contact details of all partners, and business registration documents.
Corporation
If you are a corporation, you can apply to become a Gcash merchant by filling out the online application form on the Gcash website. You will need to provide some personal and business information, such as the names and contact details of all directors and officers, and business registration documents.
Benefits As A Merchant
As a Gcash merchant, you can enjoy the following benefits:
- Convenient and secure way to accept payments from customers who use the Gcash app
- Real-time updates on new orders and payments
- Ability to monitor transactions and track sales through the Gcash app or website
- Option to withdraw earnings to your linked bank account or GCredit account
- Ability to use your Gcash cash in balance to pay for goods and services or transfer money to other Gcash users
How to Become a Gcash Merchant
- Register For A Gcash Account.
If you don’t have a Gcash account yet, you can sign up for one through the Gcash app or the Gcash website.
- Apply To Become A Gcash Merchant.
Once you have a Gcash account, you can apply to become a Gcash merchant by filling out the online application form on the Gcash website. You will need to provide some personal and business information, such as your name, contact details, and business registration documents.
- Wait For Approval.
After you submit your application, Gcash will review it and get back to you within 3 to 5 business days. If your application is approved, you will receive a notification and instructions on how to set up your Gcash merchant account.
How to Use Gcash to Accept Payments
- Set Up Your Gcash Merchant Account.
Once your application is approved, you can set up your Gcash merchant account by following the instructions provided by Gcash. This usually involves creating a merchant profile and linking a bank account or GCredit account to your Gcash account.
- Display your Gcash QR code.
To accept payments through Gcash, you will need to display your Gcash QR code at your physical store or on your online platform. Customers can scan the QR code using the Gcash app to make a payment.
- Monitor Your Transactions.
You can monitor your Gcash transactions through the Gcash app or the Gcash website. You can also track your sales and revenue, view your transaction history, and get real-time updates on new orders and payments.
GCash Online Payments for Merchants
Gcash offers an online payment gateway that allows merchants to accept payments from customers who use the Gcash app. To set up online payments, you will need to create a merchant profile and link a bank account or GCredit account to your Gcash account.
You can then display your Gcash QR code or provide a payment link on your online platform, and customers can scan the QR code or click on the link to make a payment.
QR Payments for Merchants
Gcash also offers QR payments for merchants who have a physical store. To accept QR payments, you will need to display your Gcash QR code at your store. Customers can scan the QR code using the Gcash app to make a payment.
What is Generate QR Code?
Generate QR Code is a feature in the Gcash app that allows merchants to create and download their own Gcash QR code. You can use this QR code to accept payments from customers who use the Gcash app.
How Does Generate QR Code Work?
To use Generate QR code, follow these steps:
- Open the Gcash app and log in to your account.
- Go to the “Merchants” tab and select “Generate QR Code.”
- Enter the amount of the payment and any optional details, such as a description or reference number
- Click on “Generate QR Code” to create your QR code.
- Download the QR code and display it at your physical store.
- Customers can scan the QR code using the Gcash app to make a payment.
What is Scan-to-Pay?
Scan-to-Pay is a feature in the Gcash app that allows customers to make a payment by scanning a merchant’s QR code.
How Does Scan-To-Pay Payment Work?
To make a payment using Scan-to-Pay, follow these steps:
- Open the Gcash app and log in to your account.
- Go to the “Pay” tab and select “Scan-to-Pay.”
- Scan the merchant’s QR code using your phone’s camera.
- Enter the amount of the payment and any optional details, such as a description or reference number.
- Review the payment details and click on “Pay” to complete the transaction.
How Does Gcash Settle My Account?
Gcash will settle your account on a daily basis, depending on the amount of payments you have received through the platform. If you have linked a bank account or GCredit account to your Gcash account, you will be able to withdraw your earnings to that account.
What is G-XChange?
G-XChange is a subsidiary of Gcash that provides payment processing and fund transfer services to merchants and individuals. As a Gcash merchant, you can use G-XChange to accept payments from customers who use other mobile wallets or payment methods, such as PayMaya, Coins.ph, and credit or debit cards.
Gcredit Merchants
Gcredit is a feature in the Gcash app that allows users to apply for a virtual credit card and use it to make purchases online or in-store. As a Gcredit merchant, you can accept payments from customers who use Gcredit to pay for your goods or services.
FAQs
Q: Is it free to become a Gcash merchant?
A: Yes, it is free to apply to become a Gcash merchant. However, Gcash may charge a small transaction fee for each payment you receive through the platform.
Q: Can I accept payments from other mobile wallets or payment methods?
A: Yes, you can also accept payments from other mobile wallets or payment methods, such as PayMaya, Coins.ph, and credit or debit cards, as long as they are supported by Gcash.
Q: Can I withdraw my earnings from Gcash?
A: Yes, you can withdraw your earnings from Gcash to your linked bank account or GCredit account. You can also use your Gcash balance to pay for goods and services or transfer money to other Gcash users.
Final Thoughts
Gcash is a convenient and secure way for merchants to accept payments from customers. By becoming a Gcash merchant, you can easily set up a payment system for your business and start accepting payments through the Gcash app.
With Gcash, you can monitor your transactions, track your sales, and get real-time updates on new orders and payments. Whether you have a physical store or an online platform, Gcash can help you grow your business and reach more customers.
