Filipinos are increasingly relying on mobile wallets for everyday transactions due to the convenience they offer. GCash and Coins.ph are two of the most popular options, offering easy ways to send and receive money, pay bills, and even invest. But what if you need to transfer funds between these two platforms?
Well, here we’ll walk you through the process of sending money from GCash to Coins.ph. We’ll cover the available methods and provide step-by-step instructions.
Things to Consider Before Transferring
- Verification Levels: Both your GCash and Coins.ph accounts need to be fully verified to send money. GCash requires basic verification (mobile number), while Coins.ph requires Level 2 verification (ID and selfie).
- Transfer Limits: GCash imposes daily transfer limits depending on your account verification level. These limits are subject to change, so it’s best to check the GCash app for the latest information.
- Fees: GCash charges a minimal fee for InstaPay transfers. The exact amount may vary depending on the transfer amount, so be sure to review the fees before confirming the transaction.
Send Money from GCash to Coins.ph via InstaPay
Here’s a step-by-step guide on how to send money from GCash to Coins.ph using InstaPay:
On the GCash App:
1. Open the GCash app and log in to your account.
2. Tap on “Transfer.” This button is usually located on the main screen of the app.
3. Search for “DCPay Philippines, Inc. (Coins.ph).” This is the official name for Coins.ph within the GCash app.
4. Enter the recipient’s details. You’ll need to input the mobile number registered with the recipient’s Coins.ph account. Double-check the number for accuracy.
5. Input the transfer amount. Enter the amount you want to send. Remember to consider any applicable GCash fees.
6. Review the transfer details. This is your chance to ensure all information, including the recipient’s mobile number and amount, is correct.
7. Enter your MPIN. This is your four-digit mobile PIN for GCash transactions.
8. Confirm the transfer. Once you’ve reviewed everything and entered your MPIN, tap “Confirm” to complete the transaction.
Source:
Video Example: youtube.com/@kerrtvph
Additional Tips
- You might receive a confirmation message from GCash after the transfer is successful.
- The recipient should receive the funds in their Coins.ph wallet within minutes, depending on processing times.
- Save the recipient’s details as a contact within GCash for faster transactions in the future.
Security Reminders
- Never share your MPIN with anyone.
- Be cautious of phishing attempts. GCash will never ask for your MPIN through text message or email.
- Double-check the recipient’s mobile number before confirming the transfer.
Additional Resources
- GCash Help Center: https://help.gcash.com/hc/en-us
- Coins.ph Help Center: https://support.coins.ph/
By following this guide and practicing safe digital practices, you can effortlessly transfer funds between your GCash and Coins.ph wallets in the Philippines.