Free fund transfers, thanks to GCash
SPENDING precious hours to do bank to bank transfers is now history. The nation’s leading mobile money service GCash has fully rolled out its fund transfers service, allowing customers to transfer funds from their GCash App to any of the over thirty banks supported nationwide. Thanks to this feature, fund transfer times have been virtually reduced to zero and paper wastes eliminated, as it will only take less than three minutes to complete a
transfer transaction digitally.
Philippine fund transfer services are notorious for having exorbitant fees and antiquated paper processes. The former of which depends on a certain percentage of the money you are transferring or a fixed fee, with a turnaround time depending on the volume of people per bank or money transfer service branch.
With GCash, all a customer needs are smartphone, funds in their GCash account and the bank details pf the account they are transferring funds to. Once these are inputted, they can just sit right and relax as the confirmation message arrives on their device. This service also allows for transfers anywhere in the Philippines where there is data connectivity present. The App is also open to use for all networks, be it Globe, Smart, Sun, Talk n ’Text or TM.
A media briefing was held at Café Tavera in Davao City on Feb. 22, 2019 to enlighten the public, the bloggers and the media group about the innovations that GCash has made to make it easier to transfer funds digitally and do away with long queues and waste of time spent at the bank. (Photo Credits: Bing Gonzales)