BUSINESS
Advocates Philippines
GCash Cash-Ins Shift To InstaPay Starting October 1, 2025; No Fee Hike From E-Wallet
FILE
GCash, the Philippines' leading e-wallet, announced that all direct cash-in transactions will be routed through the InstaPay real-time fund transfer system beginning October 1, 2025.
The move is in compliance with a directive from the Bangko Sentral ng Pilipinas (BSP), which mandates all online banks and e-wallets to fully adopt InstaPay to ensure faster, safer, and more transparent fund transfers nationwide.
In an advisory, GCash confirmed its commitment to affordability, stating it will not charge any additional direct cash-in fees under the new InstaPay model. This ensures that the conversion of physical or bank-transferred money into e-money remains free of charge from the GCash side.
However, the e-wallet cautioned users that their respective partner banks may adjust their own service fees in light of the shift to InstaPay. Banks typically charge a transfer fee for transactions coursed through the InstaPay network.
GCash advises its users to coordinate with their banks to get the transition schedules and the updated service fees they may impose for the bank-to-GCash cash-in transactions.
G-Xchange Inc. (GXI), the operator of GCash, reiterated its dedication to providing safe, seamless, and affordable services while working closely with both partner banks and financial regulators to enhance the user experience.
G-Xchange Inc. (GXI) is regulated by the Bangko Sentral ng Pilipinas (BSP).
The move is in compliance with a directive from the Bangko Sentral ng Pilipinas (BSP), which mandates all online banks and e-wallets to fully adopt InstaPay to ensure faster, safer, and more transparent fund transfers nationwide.
In an advisory, GCash confirmed its commitment to affordability, stating it will not charge any additional direct cash-in fees under the new InstaPay model. This ensures that the conversion of physical or bank-transferred money into e-money remains free of charge from the GCash side.
However, the e-wallet cautioned users that their respective partner banks may adjust their own service fees in light of the shift to InstaPay. Banks typically charge a transfer fee for transactions coursed through the InstaPay network.
GCash advises its users to coordinate with their banks to get the transition schedules and the updated service fees they may impose for the bank-to-GCash cash-in transactions.
G-Xchange Inc. (GXI), the operator of GCash, reiterated its dedication to providing safe, seamless, and affordable services while working closely with both partner banks and financial regulators to enhance the user experience.
G-Xchange Inc. (GXI) is regulated by the Bangko Sentral ng Pilipinas (BSP).
Oct 1, 2025
We are dedicated storytellers with a passion for bringing your brand to life. Our services range from news and media features to brand promotion and collaborations.
Interested? Visit our
Contact Us page for more information. To learn more about what we offer, check out our latest article on services and opportunities.
