Harnessing The Power of GCash

gcash logoOne of the most effective and convenient way to handle cash is in the Philippines nowadays is through Globe G-Cash. It’s the closest thing to paypal, credit cards and EPS of BPI express. If you have an online business that caters local customers, I think this is the best option. Compared to all credit card processing companies, paypal is the easiest way and cheapest way to set up your payment processing but if your customers are mostly local, it will eat away a lot of your overhead cost. Because if you are using paypal, it will charge 3.4%+US$0.30 (this is the highest rate) of the amount transferred to your paypal account using credit cards. But even if the transaction is paypal to paypal and if you will transfer your paypal fund to your local bank account, paypal will charge php50 and the local bank will charge php150 for every transaction. This will not be a problem if the amount of your transactions are tens of thousands of pesos because it will compensate the cost. The only problem here is if your customer is using other network like Smart or Sun for example but buying an extra Globe sim won’t hurt your pocket if you are not a Globe user.

If the money involved is very modest, lets say hundreds or a few thousand pesos then the transaction charges is too much. G-Cash can be considered as an electronic wallet and a poor man’s payment processor to accept payments. For example, if you are selling stuffs on ebay, you can accept payment by G-Cash and you can deposit it to your BPI savings or current account using your cellphone. You can also convert GCash to cash or vice versa by going to Globe Business Center or to an accredited GCASH Partner.

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So how will you start to harness it’s power? first is you have to register.

How to register


Registration is a key process that activates the GCASH wallet in your Globe or TM cellphone. It is a one-time process, where you can choose to register through text or through the GCASH menu found in your SIM.

To register through text
Register your cellphone to GCASH by sending this text to 2882:

REG<space>4-digit PIN/mother’s maiden name/first name/last name/address

Remember! Make sure that your First Name and Last Name match the information that appears in any valid ID of yours. This is important for future GCASH transactions.

How to download the GCASH Menu

Using the GCASH menu is an easier and faster way of facilitating GCASH transactions. When using the menu, there is no need to remember keywords or access numbers. You can simply scroll down to select the GCASH transaction you want to perform. Using the GCASH menu also provides you with added security because the technology masks your 4-digit PIN, ensuring that no one else can see your GCASH PIN.

To start using the GCASH menu, you must first download it to your phone. To download the GCASH menu, simply follow these steps:

1. Go to the Globe Svcs+ menu on your cellphone. From there, select myFavorites. 2. Select Add Favorites. 3. Select Money and wait as your cellphone starts to connect to the Globe system. 4. Select GCASH and the GCASH menu will be downloaded to your phone.

Once you have downloaded the menu to your phone, you can access it through the following steps:

1. Go to the Globe Svcs+ menu and select myFavorites. 2. Select GCASH under myFavorites.
3. Select your desired GCASH transaction.

How to convert cash into GCASH

After you’ve registered, you will need to load your mobile wallet with GCASH. This is done via a cash-in transaction which is the process of converting your cash to GCASH at a Globe Center or at any accredited GCASH partner.

There are several ways that you can convert your cash to GCASH, and you can choose the option that is most convenient for you.

Go to a Globe Business Center

You can go to any Globe Center and request to do a GCASH cash-in transaction. You will need to fill up a GCASH Service Form, and present any valid ID to complete your transaction. Cashing in at a Globe Center is FREE!


Go to an accredited GCASH Partner

GCASH has over 1,800 accredited partners around the Philippines. These include SM Department & Metro Gaisano stores. Just like in a Globe Center, you will need to fill up a GCASH Service Form and present a valid ID to complete your GCASH cash-in transaction. You may be charged a transaction fee, which may vary per partner. For a complete list of GCASH outlets, click here.

For a list of cash-in outlets through your phone, just type INFO CILIST and send to 2882. Cash-in outlets are partners that accept peso to GCASH conversions.

For a list of cash-out outlets through your phone, just type INFO COLIST and send to 2882. Cash-out outlets are partners that accept GCASH to peso conversions.

If you’d like to find the GCASH outlet nearest you, you can also text FIND GCASH and send to 7000.

Go to a Bancnet ATM

You can also convert the cash in your Bancnet account to GCASH. To convert, you just need to go to any Bancnet ATM, select the option to do a fund transfer to Asia United Bank/GCASH. You will then be asked to key-in the 11-digit number of the mobile number you wish to load. After the transaction is completed, you will receive a text confirmation.

Remember! Bancnet currently only accepts cash to GCASH conversions. You will be charged P25.00/transaction.

Go to the BPI Express Mobile menu on your SIM

You can also reload your GCASH wallet through the BPI Express Mobile menu on your SIM.

To load your GCASH wallet directly from your account, go to the BPI Express Mobile menu and choose GCASH Transfer then choose the Bank to GCASH option. You will be asked to enter your BPI Express Mobile 6-digit PIN and indicate the amount of cash you want to transfer to your GCASH wallet. For more information on how to use BPI Express Mobile, you can go here.

How to convert GCASH into cash

Converting your GCASH to cash is called a cash out transaction. It is done at a Globe Center or at any accredited GCASH partner.

There are several ways that you can convert your GCASH to cash, and you can choose the option that is most convenient for you.

Go to a Globe Business Center

You can go to any Globe Business Center and request to do a GCASH cash out transaction. You will need to fill up a GCASH Service Form, and present any valid ID to complete your transaction. Cash out transaction fees at Globe Business Centers apply.

Go to an accredited GCASH Partner

GCASH has over 1,800 accredited partners around the Philippines. These include SM Department & Metro Gaisano stores. Just like in a Globe Center, you will need to fill up a GCASH Service Form and present a valid ID to complete your GCASH cash out transaction. You may be charged a transaction fee, which may vary per partner. For a complete list of GCASH outlets, click here.

For a list of cash-in outlets through your phone, just type INFO CILIST and send to 2882. Cash-in outlets are partners that accept peso to GCASH conversions.

For a list of cash-out outlets through your phone, just type INFO COLIST and send to 2882. Cash-out outlets are partners that accept GCASH to peso conversions.

If you’d like to find the GCASH outlet nearest you, you can also text FIND GCASH and send to 7000.


Go to the BPI Express Mobile menu on your SIM


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You can also transfer your GCASH from your GCASH wallet and deposit this directly to your BPI account through the BPI Express Mobile menu on your SIM.


To transfer GCASH funds from your GCASh wallet directly to your BPI account, go to the BPI Express Mobile menu and choose GCASH Transfer then choose the GCASH to Bank option. You will then be asked to enter your BPI Express Mobile 6-digit PIN adn indicate the amount of GCASH that you want to transfer to your BPI account. For more information on how to use BPI Express Mobile, you can go here.