How to Send Cash from PayMaya to GCash

When talking about digital wallets, most of us think about and have either GCash or PayMaya installed on our phones, or maybe even both. These two e-wallet giants are competitors in the industry, but sometimes users from the two wallets need to send money to one another. Not everybody has the same e-wallet as you, after all.

Fortunately, it is possible to send cash from PayMaya to GCash and vice versa, and it only takes a few minutes to do the whole process and transfer the money to your recipient’s digital wallet. Read on below to know how you can send cash from PayMaya to GCash, or from GCash to PayMaya.

Send Money From PayMaya to GCash

You need to have an Upgraded PayMaya account to be able to transfer money to GCash and other partner banks. On the other hand, your recipient’s GCash account does not need to be Fully Verified to receive the sent amount. If your account is not yet upgraded, visit the PayMaya website to learn how to get your PayMaya account Upgraded.

  1. Open and log in to the PayMaya app on your mobile phone.
  2. From the PayMaya dashboard, tap on “Transfer”.
  3. Under the “Bank” field, select “GCash” from the dropdown menu.
  4. Fill up the required fields, like the amount to be sent and the recipient’s details, such as the GCash-registered account number and full name (middle name optional), and purpose of the transaction.

To avoid any inconvenience, the recipient’s name must be the same as the registered name on their GCash account. You can also enter an additional recipient’s mobile number where they prefer to receive the confirmatory SMS if it is different from the GCash-registered account number. 

  • On the next page, confirm the inputted transaction details, and tap “Send”.
  • In a few moments, you and your recipient will receive an SMS from PayMaya and GCash to confirm your successful transaction. The received amount should reflect on the recipient’s GCash dashboard instantly.

Send Money From GCash to PayMaya

You need to have a Fully Verified GCash account to be able to transfer money to PayMaya and other partner banks. On the other hand, your recipient’s PayMaya account does not need to be Upgraded to receive the sent amount. If your account is not yet verified, visit the GCash website to learn how to get your GCash account Fully Verified.

  1. Open and log in to the GCash app on your mobile phone.
  2. From the GCash dashboard, tap on “Send Money”.
  3. Under “Send Money to Bank Account”, tap on “Send to Bank”.
  4. Tap on “View All”, and scroll down or search for “PayMaya Philippines, Inc.” in the search bar.

If you frequently send money to a PayMaya account, you can save the account so you can automatically send money to that account and no longer have to enter the necessary details every transaction. You can also set a scheduled money transfer to a PayMaya account, either weekly or monthly.

  1. Fill up the required fields, like the amount to be sent and the recipient’s details, such as the PayMaya-registered account number and account name.

To avoid any inconvenience, the account name must be the same as the registered name of your recipient’s PayMaya account. You can also enter an email address where the official receipt of the transaction will be sent.

  1. On the next page, confirm the inputted, transaction details, and tap “Send Money”.
  2. In a few moments, you and your recipient will receive an SMS from GCash and PayMaya to confirm your successful transaction. The received amount should reflect on the recipient’s PayMaya dashboard instantly.

How much can I transfer per day?

For both digital wallets, there is no minimum amount for cash transfer. For GCash, there is a maximum limit of P50,000 per transaction, subject to the daily and monthly outgoing limit of P100,000 for Fully Verified users.

For PayMaya, there is a maximum limit of P100,000 per transaction, subject to the daily and monthly outgoing limit of P100,000 for Upgraded users.

Is there a transaction fee per cash transfer?

Good news! There is no transaction fee for cash transfers between GCash and PayMaya. This means that you can securely send money between the two digital wallets no matter how many times per day, always free of charge.             

Now, even if you and your recipient have different digital wallets, sending money from PayMaya to GCash or vice versa is possible and easy as pie. It’s also completely free, so no more worrying about any additional fees in your transaction.

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Digital Juan

Digital Juan

Digital Juan is the author of DigitalPinas.com - a blog that aims to answer the frequently asked questions of Pinoys about technology, financial, computer, trending news, social media, and digital lifestyle. Most of his writings here are in the form of a how to guide, list, or tips and tricks.