GCash recently unexpectedly prohibited users from accessing funds in their accounts. Currently, regulatory authorities are investigating potential data leaks within GCash. This serves as a warning that keeping all your funds in a single electronic wallet may not be a wise practice. Therefore, we suggest diversifying and storing money in different places to prevent related risks. For instance, transferring funds from GCash to Maya, GCash to Grab, or physical banks.
Log in to GCash and select “Bank Transfer.”
Scroll down and choose “PayMaya/Maya.”
Enter the transfer amount and other relevant account information.
Confirm that the inputted data is correct and press “Transfer” to initiate the transaction.
When comparing PayMaya and GCash, it’s important to consider the specific features and services offered by each mobile wallet app. Here are some key points to consider:
PayMaya Offers a wide array of services and tools, including flexible payment options and extras.
Provides cashbacks when you use it and offers lower forex rates for international purchases.
Has a simpler and more straightforward interface, which may be preferred by users who want a less overwhelming experience.
Charges a 1.5% fee for cashing in using a debit or credit card.
GCash Has a competitive edge with over 400 billers nationwide, allowing you to pay bills such as utilities, insurance, government-mandated dues, home loans, and school tuition.
Offers a more polished and visually appealing interface with more features on the main dashboard.
Has a larger network of merchants, including popular fast-food chains, convenience stores, and online shopping sites.
Charges a 2.58% fee for cashing in using a credit card.
Both Paymaya and GCash are very widely used electronic payment apps in the Philippines. You can switch according to your own needs, but Paymaya provides higher transfer limits and lower transaction fees. Therefore, it is very beneficial for freelance workers or enterprises.
The PayMaya app is a rapidly growing electronic payment platform, with an astonishing user base of 38 million. Here are three compelling reasons why we recommend it.
Convenience & Wide Accessibility
PayMaya app offers numerous channels for usage, including 7-Eleven, Mini Shop, and the upcoming integration with Family Mart, making it more convenient for everyday shopping. Furthermore, PayMaya app has partnered with Victory Liner, the largest transportation company in the Philippines. Now, you can easily purchase tickets through the PayMaya app on Victory Liner’s website, saving time and enjoying a safer and more convenient commuting experience, especially during these heavily affected times due to the pandemic.
Promotions & Rewards
The PayMaya app frequently offers various promotional activities and rewards, such as discounts, cashbacks, or loyalty points. With the growing number of PayMaya users, many partner merchants also provide exclusive offers and benefits, whether it’s ordering food delivery or purchasing movie tickets. By using PayMaya for payments, you can save more and enjoy additional perks!
User-friendly & Manageable
The PayMaya app has a clean and intuitive user interface, making it easy for both new and experienced users to navigate and find the desired features. Additionally, PayMaya provides real-time transaction notifications, allowing you to track your spending and easily view your balance and transaction details within the app.
Transferring from GCash to PayMaya requires a transaction fee of php15, which will be deducted from your PayMaya wallet. It should be noted that the handling fee may vary according to your transfer amount, so it is best to confirm the transfer transaction record in your GCash app after the transaction is completed.
Get more rewards when you top up with PayMaya on JILIVIP! Which is the largest online casino in the Philippines.Recognizing the significant growth in PayMaya and Grab users, JILIVIP aims to cater to user needs and show gratitude for their support. Enjoy high-value incentives such as the previous 6% flash promotion and the current offer of receiving P100 for every P200 top-up. Stay connected on our social media platforms to stay updated on the latest promotions!
Maya will settle GCash transactions to your account on the next banking day after the day of the transaction (T+1).
All money transfers from Paymaya to GCash are subject to a PHP15. 00 transaction fee.
PayMaya because of cashbacks when you use it. And also for international purchase, if you use their virtual card, it provides lower forex rate conversions. In addition to that, it has lower fees compared to Gcash.
Yes, you can! PayMaya is a global payment service provider that enables users to make international remittances and payments, making it highly convenient for overseas business individuals.
