#GCash Transfer Payment

GCash has recently postponed the implementation of its bank transfer fees. As spotted on the GCash mobile app, it will start to charge the PHP15 additional bank transfer fee on November 1, 2020. The fee is applicable to all transactions transferring funds from GCash to other banks. The notification appears on the GCash app on the Bank Transfer tab under the Send Money tab. Previously, GCash issued a statement on bank transfer fees which charges select commercial banks that uses InstaPay network for transferring funds from GCash starting October 1, 2020. Those with linked BPI or UnionBank accounts to the GCash app are exempted from bank transfer transaction fees. Commuters using the EDSA Busway can now pay their fares using GCash, as cashless payments have officially been rolled out across selected busway units. GCash SoundPay, a portable QR payment device, was first introduced in 2024 to support micro, small, and medium enterprises. Read more in our articles including "GCash postpones implementation of bank transfer fees to November 1" and "GCash now accepted as payment option on EDSA Busway".