fbpx

ShopeePay now charges 1% cash-in fee from e-wallet transactions

Popular online shopping platform Shopee had implemented a 1% admin fee for cash-ins via e-Wallets such as GCash, Maya and coins.ph which rolled out June 2nd onwards.

Shopeepay Cash In Fee

Image/ Shopee

Yugatech 728x90 Reno7 Series

This means that a 500 peso transfer, 5 pesos will be deducted for the cash-in fee. Another example: 10 pesos fee for a 1000 peso transfer, and so on. The fee gets higher based on the amount the user would like to cash-in.

Despite the rollout, users may still enjoy free cash-ins through their linked bank accounts that include Shopee’s verified banking partners BDO, Metrobank, and Chinabank, as well as through banking apps with InstaPay.

To get around the cash-in fee using linked bank accounts, tap on the ‘ShopeePay Balance’ icon on the homepage, tap ‘Cash In’ and from there choose a bank partner then follow remaining instructions.

Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 976 other subscribers
Avatar for JM Chavaria

JM's highest stat is probably his curious ardor to anything tech—electronics and gaming in particular. He certainly heeds utmost regard to specsheet, visuals, and rule of thirds. If creativity and wit sometimes leave JM's system, watching films, anime and a good stroll for memes are his approved therapeutic claims.

4 Responses

  1. Avatar for Hanna Hanna says:

    Cash-in with gcash on shopee should be free of charge for customer. Petitioning it to be no admin chagre.

  2. Avatar for Guest Guest says:

    Naknampota naman Shopee!

  3. Avatar for jeje jeje says:

    Lols. goodbye shoppeepay cash in. COD nlng . tsk

  4. Avatar for Yologs Yologs says:

    Another example? Hahahahahaha

Leave a Reply
JOIN OUR TELEGRAM DISCUSSION

Your email address will not be published. Required fields are marked *