How much charges GCash to Shopee pay?
Understanding the GCash to Shopee Pay Transfer Fees
Shopee Pay, as a convenient mobile payment platform, offers users the flexibility to top up their balances using various methods, including GCash and Coins.ph. However, understanding the associated fees is crucial to avoid any unexpected expenses.
Direct Transfers via Shopee App
When topping up your Shopee Pay balance directly from GCash or Coins.ph within the Shopee app, a 2% transaction fee applies. This means that for every transfer, you will incur a charge equivalent to 2% of the transferred amount. For instance, if you transfer Php100, you will be charged an additional Php2 as a fee.
Alternative Payment Center Transfers
As an alternative to direct transfers within the Shopee app, you can utilize payment centers such as 7-Eleven to top up your Shopee Pay balance. This method is advantageous as it does not carry any transaction fees. You can visit your nearest 7-Eleven store and make the payment in cash, ensuring that the full amount you transfer will be credited to your Shopee Pay account.
Coins.ph Transaction Fees
In the case of Coins.ph, topping up your Shopee Pay balance incurs a fixed transaction fee of Php7 per transaction. Regardless of the amount you transfer, you will be charged Php7 as a processing fee. Therefore, if you intend to transfer smaller amounts, this method may not be as cost-effective as other options.
Choosing the Most Suitable Method
The most suitable method for topping up your Shopee Pay balance depends on your transaction frequency and amounts. If you make frequent transfers of smaller amounts, opting for payment center transfers via 7-Eleven is recommended as it incurs no transaction fees. For larger transfers, direct transfers via the Shopee app may be more convenient despite the 2% processing fee.
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