I have been working from home for almost 6 years now but it’s only with my 3rd employer that I’ve used Paypal as the mode of payment for my salary. The past few months, I’ve been withdrawing my funds from Paypal straight to my Eastwest bank account. For transactions less than P10,000 ($200), there’s a fee of P50 ($1) while any amount above that has zero (0) fees. Upon reaching the bank here in the Philippines, it has no deductions compared with other banks I’ve tried like BPI and BDO.
However, because of the bank holidays, I’ve looked for other ways on how to withdraw my salary on time and possibly with less or no fee at all. Thankfully, I found out about Gcash. I saw a thread in one of the freelancing groups that I’m a member of and highly recommended this one.
Today, I’m sharing with you all how you can link your Gcash account to your Paypal account and how you can withdraw from Paypal to Gcash.
Linking your Gcash account to your Paypal account
1. Open your Gcash app and log in. Go to the dashboard and click “My Account”.
2. From “My Account” choose “Paypal”.
3. Enter your Paypal email and it will redirect to another page wherein you’ll need to add your Paypal password.
4. Once it’s been authorized, a new page will pop up. Click “Close and Continue”.
5. A verification page will show that you’ve successfully linked your Paypal account to your Gcash wallet.
Note: if you’re using an Android phone and ran into an error (like me), go to Settings > Apps > and disable Android System WebView
Withdrawing your Funds from Paypal to Gcash
1.Go to the homepage and click “Cash-In”.
2. Click “Paypal to Gcash”.
3. Click the currency you wish to withdraw and enter the amount you want to withdraw.
4. A new page will pop up to confirm the amount you want to withdraw. Click “Confirm”
An email will be sent to you confirming your withdrawal. Wait for your funds to arrive within 24 hours. If you’re lucky, it will instantly be credited in your Gcash wallet.
That’s it! If you have any questions, feel free to leave them below in the comments area. I’ll try my best to answer them or maybe other readers can help you out as well.