Speed and convenience are the favorite words of digitally savvy consumers who love using e-wallets. Whether buying a new pair of sneakers on Shopee or Lazada or satisfying your late-night ramen cravings at Hanamaruken, nothing beats getting things done in a snap.
Imagine paying bills, transferring funds, requesting payments, buying cellphone loads, or investing in stocks — all with a tap on a mobile app.
Discover how GCash can revolutionize your lifestyle and unlock a world of convenience.
Read on to find out what else you can do with your GCash account.
How do you sign up for a GCash account?
An active mobile number is required to open an account. There are two ways to register online:
(Image credit: GCash)
- Download Gcash on the Google Play Store or App Store.
- Visit the official GCash site on your web browser.
Follow the steps below for a quick sign-up on GCash.
- Once you enter your mobile number, you will receive a 6-digit authentication code and tap Submit.
- The GCash app will prompt you to complete your personal information.
- Review your personal information and Confirm.
- Key in your mobile PIN (MPIN), a 4-digit PIN, that you will need to enter whenever you log in or make a GCash transaction and tap Submit.
- You should see a window that confirms you have successfully created a GCash account.
As a new user, you are automatically registered with the Basic account. You may opt to get fully verified to access advanced e-wallet features by uploading a selfie and a photo of your valid ID.
What’s the difference between a GCash Basic account and a GCash fully verified
Here’s a summary of what you can access with a basic or partially and fully verified account.
|Profile Overview||Partially verified or new account||Fully Verified account|
|Wallet limit (Any given time)||₱10,000||₱100,000|
|Incoming transaction limit (Maximum amount you can receive per month)||₱5,000||₱100,000|
|Outgoing transaction limit (Maximum amount you can spend or send to another GCash wallet)||None (Daily)
With a Basic account, you’ll have access to four features and up to ₱5,000 for monthly incoming transactions.
Upgrade to a fully verified account for thirteen features and receive up to ₱100,000 per month. GCash is available to all mobile subscribers, and it’s totally free to sign up.
What are the features of GCash?
For the uninitiated, logging in to the GCash app and seeing the full menu of features can overwhelm you. Don’t worry because we’ve listed the most useful features right here.
1. Cash In
The GCash app may initially overwhelm the uninitiated users with its extensive features — so we’ve compiled the essentials right here for you to explore.
|Over the Counter||
|Online Banks||BPI, UnionBank, Mastercard/VISA Bank Cards are preferred. You may also enroll in AUB, BDO, LandBank, Metrobank, PBCom, PNB, PSBank, RCBC|
|Remittance||MoneyGram, Western Union, Remitly, PayPal, Payoneer|
Visit GCash website for acomplete list of establishments and partners nationwide.
2. Send money
You can send money through these options.
- For quick money transfers using Express Send, enter the recipient’s mobile number and choose the desired amount – even as low as ₱1.00.
- Another way to send money instantly is via a QR code. Tap the QR button at the bottom-center of the screen, and the QR reader will pop out — position your device’s camera over the recipient’s GCash QR code. Ensure that the QR code is within the frame and clear and well-lit. The app will automatically scan the code.
- Personalize your fund transfer with the Send with a Clip feature. Key in the mobile number the amount you want to send, and add a short message. You also have the option to attach a photo, video, or audio clip.
- There’s also the GCash Padala that lets you send money to non-GCash users. Fill out the form with the full name, phone number, and the amount you wish to send. The recipient can claim the money to any GCash Padala partners nationwide.
- Last but not least, you can GCash Send a Gift to send up to 2 Ang Paos with equal or random amounts of money. The recipient has 72 hours to claim the cash, or it will be returned to your GCash wallet.
From your GCash wallet, you can also send money to the following bank accounts:
|BPI / BPI Family Savings Bank
LandBank of the Philippines
Asia United Bank
Bank of Commerce
BDO Network Bank
BPI Direct Banko
Cebuana Lhuillier Rural Bank
China Bank Savings
East West Rural Bank
Equicom Savings Bank
Malayan Bank Savings and Mortgage Bank, Inc.
Partner Rural Bank
Philippine Business Bank, Inc.
Philippine Trust Company
Philippine Veterans Bank
PNB Savings Bank
Quezon Capital Rural Bank
Sterling Bank of Asia
Sun Savings Bank
UCPB Savings Bank
Wealth Development Bank
3. Save money
With GCash savings accounts, you save funds and earn interest. Previously, you can open a GCash savings account (GSave) powered by CIMB only. But now you can also do it with GSave marketplace bank partners like BPI, Maybank, or UNO digital bank.
Here’s a summary of the base interest rates and features of each digital bank compared to traditional banks.
(Image credit: Gcash)
There are no maintaining balance and service fees when you open an account, and you can withdraw or deposit funds anytime.
4. Buy load
Enter the mobile number for prepaid top-up and select the type of loan or data package and the amount. (from ₱10 to as much as ₱1,000).
5. Pay bills
This mobile app also lets you pay for your utility bills. Enroll your electricity, water, cable, internet, or telecoms bills.
You can also pay for the following:
- Credit cards
- Real estate
- Payment solutions
- Foundations / charitable institutions
6. Pay via QR code scan
Use GCash at any merchant: scan the QR code and enter the payment amount. It’s easy, fast, and convenient.
It’s a revolving credit line right from your GCash account, similar to how a loan or credit card works. Enjoy low interest rates at 3% and up to ₱30,000 credit line.
Click on Manage Credit to see your GScore. You need a higher GScore to unlock the GCredit feature.
To increase your score, keep cashing in, paying via QR, paying your bills with GCash, or using the save and invest features of the app.
You will be notified that you can activate GCredit once you hit a GScore of 400.
8. GCash KKB
It’s easy to collect payments from friends and family when you dine out, travel, or shop together. It saves you the hassle of managing money from them one by one.
Choose a KKB Category, set the due date, select Split Equally or Split by item, and then select the people you want to collect the money from.
But to use this feature, they also need to have their own GCash account so you can add them to the KKB group.
Other features of GCash
GCash aims to work like a Swiss army knife in mobile payments, and its features tell us it’s beginning to function beyond a typical e-wallet.
1. GCash Card
The GCash Card, a reloadable prepaid debit card connected to the user’s GCash wallet, is an exclusive offering for fully verified GCash users. With a cost of ₱185 plus ₱65 for delivery, it provides convenient ATM withdrawal from any BancNet or GCash-affiliated ATMs, ensuring quick access to cash whenever needed.
With GInsure, GCash app users can access affordable and short-term insurance plans. These plans offer cash assistance and coverage for online shopping, travel, dengue, and personal accidents.
Get instant cash with GCash. Borrow up to ₱125,000 directly deposited into your GCash wallet for immediate use with an interest rate of 1.59% per month.
GLoan offers easy approval with no additional documents or collateral required. It’s based on your GScore, computed from your active GCash usage, GCredit payments, wallet balance, and bill payment history.
GFunds is the investment marketplace in the GCash app. It lets users buy, sell, and manage diverse investment products. With as little as ₱50, users can access stocks, bonds, and other securities.
This widens investing opportunities and helps grow wealth over time. GFunds provides a risk profile questionnaire to guide informed investment decisions. It matches users with suitable products based on risk tolerance and financial goals.
GCrypto is the cryptocurrency exchange feature of the popular GCash app. It offers seamless buying, selling, sending, and receiving of cryptocurrencies.
Users can also access curated NFT collections, owning unique cryptographic assets created by famous artists on the blockchain.
6. GStocks PH
GStocks PH is an exciting feature by GCash in collaboration with AB Capital Securities Inc. (ABCSI). With GStocks PH, GCash users can conveniently buy, sell, and manage stocks of over 280 PSE-listed companies like Globe Telecom, Puregold, SM Prime, and Bank of the Philippine Islands.
It puts the power in your hands, allowing you to make personal transactions and investments from your GCash app.
If you like convenient, cashless transactions, virtual wallets like GCash are definitely good to have.
Downloading and registering for an account is free, and it only takes just a few minutes.
The requirements to open an account are simple. Upload them and have your GCash account fully verified in minutes.
Most online transactions and fund transfers have no extra charge, (GCash to GCash wallet, PayPal to GCash wallet). Transfers are also completed in real time.
This makes it great for personal use, especially when transacting with small amounts of money, or when you need to make several daily transactions.
But if there’s anything that would discourage you from using this app, it’s that GCash can just crash without notice. When this happens, you cannot log in to the app, or some services will be unavailable.
Also, there are not enough communication channels where you can report issues with the app, or with funds that do not show up in your GCash wallet, for example. But overall, it’s a good app. It saves you a trip to the bank to make withdrawals, deposits, remittances, or fund transfers. It has valuable features encouraging you to save and invest your money.
There are also over 139,000 merchants in the Philippines that accept GCash.
Are you a GCash user? How are you liking it so far? Let us know in the comments!