#PayMaya Transfer Fee

GCash and PayMaya will start charging fees for online bank transfers starting October 1, 2020. GCash has recently updated the Send Money page to its Help Center website, adding that it will resume the charging of fees for bank transfers per transaction starting October 1, 2020. PayMaya also confirmed the lifting of waived fees for bank transfer on the Terms and Conditions page of its website on the same date. Recently, banks have announced that it will resume fees for online transactions made through InstaPay, PESONet, and other interbank funds transfer service by October 2020. Metrobank has announced a significant reduction in its InstaPay transfer fees, introducing a new flat rate of ₱8 per transaction beginning February 1, 2026. Previously, Metrobank charged ₱25 per InstaPay transfer, although the bank had waived fees for transactions worth ₱1,000 and below over the past year. With the new pricing structure, all InstaPay transfers—regardless of amount—will now carry the ₱8 service fee, simplifying costs for users. While the fee waiver for small transfers is ending, the lower flat rate may benefit users who frequently move larger amounts. Read more in our articles including "GCash, PayMaya to start charging Bank Transfer fees on October 1" and "Metrobank cuts InstaPay transfer fee to ₱8 flat starting February 1".