Paysend to GCash is a money transfer service that enables users to send and receive money between Paysend and GCash accounts. Paysend is a digital money transfer platform that allows users to send and receive money globally, while GCash is a mobile wallet in the Philippines that enables users to pay bills, purchase goods and services, and send and receive money.
This service provides a convenient and fast way to transfer money between the two platforms. Here in this article we will throw light on “Paysend to GCash” Process, fees and all one need to know.
Paysend to GCash: Step Guide
Paysend is an international money transfer platform that allows users to send and receive money across borders in a fast, secure, and affordable way. The platform offers competitive exchange rates and low fees, making it a popular choice among users.
One of the ways to receive money from Paysend is through GCash, a mobile wallet platform in the Philippines. Here’s how to receive money from Paysend to GCash:
- Register and verify your GCash account.
- Get the Paysend transaction reference number from the sender.
- Open the GCash app and tap on “Cash-In.”
- Choose the “Remittance” option.
- Enter the amount you wish to receive and the Paysend transaction reference number.
- Confirm the transaction and wait for the money to be credited to your GCash wallet.
The money transfer typically takes a few minutes to complete, although it may take longer depending on the processing time of Paysend and GCash. Once the money is in your GCash wallet, you can use it to pay bills, buy load, shop online, and more.
Overall, Paysend to GCash is a convenient and reliable way to receive money from abroad, especially for those without a bank account or those who prefer mobile banking.
Paysend to Gcash: Fees
The fees associated with sending money from Paysend to Gcash vary depending on the payment method you use, the destination country, and the currency exchange rate. Here are some general guidelines:
- If you pay with a debit or credit card, Paysend charges a fee of 2.25% of the transaction amount, plus a fixed fee of USD 2.99 or its equivalent in other currencies.
- If you pay with a bank transfer, Paysend charges a fee of 1.5% of the transaction amount, plus a fixed fee of USD 2.99 or its equivalent in other currencies.
Note that Gcash may also charge its own fees for incoming funds, which can range from no fees to a percentage of the transaction amount. It’s best to check with Gcash directly for their current fees and charges.
Is there a limit to the amount of money I can send?
Yes, there is a limit to the amount of money you can send from Paysend to Gcash. The maximum amount per transaction is USD 1,000 or its equivalent in other currencies. However, there is no limit to the number of transactions you can make per day or per month
How long does it take for the money to be received?
The time it takes for the money to be received by the Gcash recipient depends on several factors, such as the payment method you use, the processing time of the bank or financial institution involved, and any verification or security checks that may be required. Typically, it can take anywhere from a few minutes to several hours for the money to be credited to the recipient’s Gcash account. Note that Gcash may also impose its own processing time for incoming funds, which can range from 1 to 3 business days.
In conclusion, the seamless integration of Paysend and GCash revolutionizes the way users transfer money across borders. It provides a fast, secure, and convenient solution for remittances, catering to the needs of millions of Filipinos working abroad and their families back home.
As these platforms continue to grow and innovate, they will undoubtedly play a vital role in shaping the future of digital finance, fostering global connections, and empowering individuals to manage their finances more effectively.