GCash, an E-Wallet service company, is now offering free remittance services to their users, though with some limitations.
A free end-to-end remittance experience is now available, however, the free withdrawal services can only be used twice a month. This can be done by launching the GCash app, through the @gcashofficial Messenger official account, or by dialing *143# on Globe or TM SIMs.
[appbox googleplay com.globe.gcash.android&hl=en]
[appbox appstore 520020791]
Users may use their GCash Mastercard to withdraw at over 20,000 BancNet or Mastercard-supported ATMs nationwide for free, or cash-out PHP 20,000USD 341INR 28,892EUR 325CNY 2,482 per transaction at over 10,000 GCash Partner Outlets as well. ATM withdrawal fees from other financial service providers cost as high as PHP 20.00USD 0.34INR 29EUR 0.32CNY 2, while traditional remittance centers charge as high as PHP 500.00USD 9INR 722EUR 8CNY 62 for sending money transactions around PHP 40,000USD 682INR 57,784EUR 649CNY 4,964.
Customers can get a GCash Mastercard by ordering online here to be delivered to their location, or by going to participating Globe Stores with GCash Caravans, for PHP 150USD 3INR 217EUR 2CNY 19. To fund a user’s GCash account, they can visit over 16,000 GCash Partner Outlets nationwide like 7-Eleven, SM Business Centers, Robinsons Business Centers, Puregold branches, and Villarica Pawnshop branches, and tell the cashier to cash-in to their GCash account. Cashing-in to a GCash account is free.
YugaTech.com is the largest and longest-running technology site in the Philippines. Originally established in October 2002, the site was transformed into a full-fledged technology platform in 2005.
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Joanna says:
It’s FREE to withdraw thru bancnet or Mastercard-supported ATMs??