GCash in the Philippines
Published: December 9, 2020. Last updated: June 22, 2022
- GCash is a mobile wallet app. You can use it to pay your bills.
- In addition, you can use GCash to pay a Digido loan.
- You will find detailed instructions in this article.
Digido is at the forefront of adopting novel solutions to provide innovative financial solutions to customers. As a legit and state licensed lender, we have a strong presence throughout the Philippines.
Digido is a fully automated lender. One can apply for a personal loan of up to PHP 25,000 through our website at any time. Our loan approval rates are as high as 95%, and the loan disbursal happens within a few hours. Those without a bank account can avail of our loans through their GCash (1) accounts and make the repayments using Dragonpay through GCash. You can also do this in the Dragonpay app.
Our continuous efforts to explore all possible avenues to improve customer experience help users make timely payments. It eliminates the chances for late fees or impact in their credit score, making them eligible for better loans in the future.
How to pay Digido loan via GCash
To understand how to pay Digido in GCash, you need to know your Lifetime ID.
Everyone who has ever borrowed from Digido has this. You will see your Lifetime ID in your personal profile on Digido website. It consists of three letters and five numbers.
1. Log in to the GCash app and tap “Pay Bills”
2. Then select “Loans”
3. Choose “Dragon Loans“
4. Then enter all the information you need
Reference Number: (Lifetime ID)
Contact Number: Active mobile number
Amount: Prolongation/ Full payment / Partial Payment
Email: Active email address
5. Then click “Confirm”. You will receive an SMS confirmation with GCash bills payment receipt for the transaction as well.
Congratulations! Now you know the answer to the question “Can i pay Digido thru GCash”. It turned out to be very easy.Login
What is GCash?
The Philippines is a severely underbanked nation. Out of the total population of 105 million, nearly 53 million, approximately 77% of the adult population, is still unbanked. The primary reasons for the abysmally low banking penetration levels are the uneven distribution of banking infrastructure and the documentation requirements for opening a banking account.
Banks are not keen on opening up their branches in remote rural areas due to the high operational costs and viability concerns. Banking regulatory bodies mandate that each account should be Know Your Customer (KYC) compliant.
It necessitates the customer to furnish a set of documents such as a birth certificate, identity cards, or a slew of other papers to make their account active. For many, these are some of the valid reasons for not opening a bank account.
When a financial emergency strikes, this unbanked population draws money from individuals, often at a higher rate than banks, which leads to debts. Even for those with a bank account, the long queues and the physical exertion of traveling to a distant location are a daunting task. It can cost them workdays and income as well. In such a situation, fintech solutions are a bliss both for the banks and for the customers. They relieve the banks from the vast expenditure on setting up branches across the country.
On the other hand, it enables a customer to perform banking operations at any time from anywhere using his smartphone without leaving his comforts. With an Internet penetration level of 70% and 73 million users, the Philippines constitute the perfect ecosystem for any fintech solutions to nurture. GCash, with an expanding user base of 20 million, is a prime example of it.
GCash is a mobile wallet app. Like any other eWallets, e.g. Lazada e-wallet or Paymaya e-wallet, it enables the user to perform digital transactions (2) such as bill payment, mobile recharge, online purchases, or money transfer in an easy and stress-free way. GCash strictly adheres to Bangko Sentral ng Pilipinas (3) guidelines and it assures a secure and robust platform for all transactions.
→ Also learn more about Loans For Students
How to Register to GCash?
The very first step in configuring a GCash wallet system is creating an account with the system.
There are four ways to set up a GCash account:
- Access the registration link on www.GCash.com and submit your mobile number;
- Enter the 6 digit verification code received through SMS and proceed with the registration process;
- Fill out the GCash registration form with accurate information such as full name, birthday, home address, and email address;
- Set a 4 digit MPIN or Mobile PIN for your account;
- Scan the QR code displayed on the screen using your mobile phone and download the GCash Mobile App;
- You should be able to access the GCash Wallet using the mobile phone and the MPIN.
Registration through GCash App
- Download the official GCash App from Play Store or App Store;
- Enter your mobile number and verify your mobile number by entering the 6 digit verification code when prompted;
- Accept the terms and conditions. Fill the registration form with the necessary personal information such as name, birthday, residential address, and email address;
- Set a 4 digit Mobile PIN or MPIN to use as a password to access your GCash account.
GCash Registration via the *143# Menu.
- Dial *143# on your mobile phone and choose the number corresponding to GCash;
- Select the number for register and choose your 4 digit MPIN;
- Provide the necessary personal information such as name, birth year, and address to complete the registration process;
- After that, you will get a confirmation message about the registration completion.
GCash Registration via Messenger
- Log in to your account in the FB messenger and search for @GCashofficial;
- Click on “Start an Account” and provide your mobile number when prompted;
- Read and accept the terms and conditions;
- After that, you will get a verification code to complete the account linking process;
- After the account setup, you can set a 4 digit MPIN by taping the “Create PIN” option;
- The system will send you confirmation about the successful configuration of MPIN, and you can start using it.
You can’t start using the wallet immediately after registration. The account has to be verified first to make any transactions. It can be roughly compared with the KYC process in a conventional banking system, but it’s much easier here.
There are three levels of GCash account verification: basic, semi-verified, and fully verified accounts.
Only fully verified accounts enjoy all the features. The steps to achieve it with your GCash login are the following:
- Login to your GCash account and select the option “Verify Now”;
- Tap “Get Fully Verified” and choose a valid ID from the list;
- Take a clear photo of the ID mentioned using your mobile phone;
- Click “Next” and take a clear selfie;
- Fill in the necessary data and submit;
- You will get a GCash Account Verification confirmation email within 30 minutes.
Alternatively, you can perform the GCash account verification from your nearest Globe Store or any GCash Partner Outlet, GPO, as well.
Can I use GCash outside Philippines?Your GCash Mastercard is accepted worldwide in places that accept Mastercard. You can withdraw your GCash Mastercard at an ATM that accepts Mastercard in any country.
Can I send money to GCash without account?Yes, it is possible. The transfer scheme is the same as sending money to another GCash user. Your recipient will receive a notification via SMS.
Is GCash safe?Yes, GCash is safe. The company is completely legal and cares about customer safety. However, you should always follow the security reminders to minimize any risk of losing money.
How to pay SSS loan using GCash?You can pay your SSS fees using the GСash app, it's convenient and free. Log in to the GСash app, select Pay Bills, then SSS PRN. Enter the payment number and dues amount. Receive a payment confirmation.
GCash Online Loan
GCash is a mobile payment system from Globe Telecoms. It started back in the days of Nokia phones, where you could send and receive money via text and then encash the money from a GCash brick-and-mortar location.
Today, it has grown, and the company has also extended GCash services. Now, you can get cash loans using GCash. On top of that, you can use the app to accept money from buyers online. You can also use it to pay your bills and invest.
→ Also read all about Easy Cash Loan Online
How to Get Easy GCash Loan
If you want to learn how to loan in GCash app, read on.
To apply for a GCash personal loan, you need to download the app on your phone. From here, you must register and then go through the verification procedure.
This verification is called the know-your-customer. Once approved, you can check if you qualify for a GCash loan 2021.
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What are the GCash loan requirements?
How can I get GCash loan? First of all, you must be a verified user with Gscores bonus points. If you do not have these, you cannot apply for a loan. If you qualify, go to the Credit Management section of your account.
Before all of these, your GCash account must be approved. This approval can only happen after your complete their verification process.
From here, enter your personal loan information. Globe will now process the application and validate if you can get a loan. If you are approved, you will receive a notification.
The notification will congratulate you for being approved. It will also tell you how much your credit limit is, the interest rate, and the details about the loan.
If you need more details about your loan, the approval comes with an email. That email has everything you need to know about the policies of Globe concerning the loan program. Read that email, so you know what Globe expects of you.
How to borrow money from GCash
If you have GCash credit, which is your personal line of credit from Globe. Each user has a different limit, and this will depend on your GScore.
To borrow money, go to Manage Credit, and you will see how much you can borrow. For example, if your limit is ₱2,000, you can borrow that entire amount or less than that. In that section, you will see two things: Remaining Credit Limit and Total Credit Limit.
• Remaining Credit Limit – the amount of money you can borrow as of this time; can be the same as the credit limit or lower than that
• Total Credit Limit – the maximum amount of money that you can borrow.
The total credit limit is like your maximum credit limit from a credit card. The remaining credit is the money that you have not borrowed yet against the total credit limit. This section will also tell you if you have unpaid charges, interest due, and penalties.
Benefits of GCash online loan
Here are the benefits of applying for a GCash loan online:
• Safe and secure – Globe has been a company for a long time, and they have a system that uses encryption to keep you safe
• Fast – the transaction is immediate; there is no need to wait for days
• Big amount – the GCash loan app can give you up to ₱30,000
Globe also has a help center. You can contact customer support representatives if you need help.
How to get a higher GCash loan application amount
In the app, just beside the TOTAL CREDIT LIMIT, there is a plus sign. If you want to increase your credit limit, tap that plus sign and the system will show you a new limit.
This limit is not immediately ₱30,000. It varies per user. For example, you will see that you can now borrow up to ₱3,000.
Once you see this notice, you have two options. The first one is to enable or accept it. The other one is to decline t by tapping “Maybe Later.”
If your request to increase the credit limit is successful, you will see a notification that says: Credit Limit Increase Successful!
How to pay GCash loan
After borrowing money from GCash, the next step is to pay it. Paying your debt is straightforward. You must do it in the app.
So, in order to do that, you must load money into your GCash e-wallet. Then, from the app, tap on Pay Bills and then choose your loan agreement number. Pay what you owe, and then you are done.
What is the GCash loan interest rate?
Once you know how to apply GCash loan, your next step is to do it. If you borrow money from GCash, there is a processing fee of 3%.
Let us say you borrowed ₱1,000; you will not get ₱1,000 in your balance. Globe will automatically deduct the interest of ₱30. In this case, you will only have ₱970 in your balance.
The interest rate of GCash is 5% in 30 days. Take note that the interest is for the ₱1,000 you borrowed, not the ₱970. In this case, 5% of ₱1,000 is ₱50. As such, you pay a total of ₱1,050, and yet the money you got was ₱970. You can pay the full balance even if it is not due yet. However, the money that you pay still has an interest.
How can I increase my GScore?
Now you know how to earn money in GCash messenger, you need to focus on your GScore. The GCash loan review from many users is positive. However, the lingering question is, how can you increase your GScore. With a higher GScore, you can get a higher loan amount.
To increase your GScore, do the following things:
- Cash in – add money to your GCash app frequently
- Pay QR – use the GCash app to pay for physical transactions
- Pay Bills – use GCash to pay your bills
- Invest or save – invest in Globe’s financial products or save money with them instead of a bank.
Once you have a high GScore, you can now move ahead to learn how to activate loan in GCash.
How to Load Your GCash Wallet?
Before making transactions, we have to load the wallet with money. One can add money to his cash wallet by using the GCash App’s payment options or transferring funds through online banking. To do this, you need to know how to use GCash App.
Those without a bank account can preload the wallet by making Over-the-Counter payments at GCash Partner Outlets such as Globe Stores, SM Business Center, Villarica Pawnshop, and 7-Eleven Cliqq Kiosks. OFWs can top up the GCash wallets of their dear ones by remittance through GCash partners such as MoneyGram or Western Union. Cashing-in through linked partner bank accounts such as BPI or UnionBank is free. For others, there can be GCash bills payment charges.
Loading your GCash wallet through bank cards such as MasterCard or Visa can incur a service charge of 2.58%. Even though top-up using the over the counter facility of GCash partners is free, it has a monthly limit of PHP 8,000. For payments exceeding this, the user has to pay 2% as a GCash bills payment fee. You can cash in your GCash wallet at Villarica pawnshop.
How to Pay Your Bills with GCash?
One can access the GCash Wallet and start bills payment using GCash by accessing the app using the MPIN.
GCash offers a simple interface to manage multiple billers. A customer can use GCash online from bills payment by tapping the “Pay Bills” option, select the corresponding biller and furnish the necessary details. The system will complete the process within a few seconds. GCash wallets can be of great help during online shopping. But sometimes, the store might not accept GCash; they allow only debit or credit card payments instead. In such cases, you can link your existing debit card with the GCash wallet and use it.
Similarly, you can get a GCash MasterCard linked to your GCash wallet and know how to use the GCash MasterCard as a debit card or a prepaid credit card. Linking your account with PayPal to GCash or American Express virtual pay will enable you to make international purchases effortlessly.
The majority of the shops in the Philippines now accept GCash payments. There is no need to carry cash now, and what you need is just scan the QR code displayed on the cash counter and enter the amount. The amount will get credited to the merchant’s accounts instantaneously. The service fee for bill payments varies between PHP 5 to PHP 15. For money transfer, the charge will be 2% of the money transferred, except between GCash accounts.
You can withdraw the money directly from your wallet using GCash MasterCard in any ATMs that accept MasterCard. A charge of PHP 20 will be leveled for all such withdrawals. Those without a GCash MasterCard can transfer the funds to a bank account and withdraw it using the debit card. If you don’t have a bank account or GCash Mastercard, you can go to any GCash Partner outlets and withdraw money. Such Over the Counter cash withdrawals will have a charge of PHP 20 for every transaction of PHP 1,000.
Cash-out through banks, except for BPI or Union Bank accounts, will attract a service fee of PHP 15 for every transaction.
→ Read more about paying bills in the article “7-Eleven Payment Guide“
GCash Hotline and Customer Service
GCash offers around-the-clock support. Anyone can raise their concerns by opening a ticket at their help desk or contacting the GCash hotline at 2882.Apply now
Frequently Asked Questions about GCash
- How to use GCash credit?
With each transaction using GCash, you get some GScore points. When the GScore reaches a threshold, you will become eligible for credits, up to PHP 30,000, known as GCredits. It allows one to make payments, even if there is no fund in the wallet.
The payment process is identical, but you need to ensure that you choose “GCredit” as the payment method instead of the regular “GCash.”
- How to use a GCash voucher?
Sometimes merchants offer GCash vouchers, and you can use them by merely activating the voucher during the checkout process.
- How to use a GCash card?
One can use GCash cards for online purchases, stores, and ATMs, similar to debit or credit cards. For validation, the customer needs to enter the MPIN instead of the PIN.
- How to use Globe GCash?
Globe GCash card allows customers to withdraw funds in their GCash Wallets through any Bancnet ATMs nationwide for PHP 20 per transaction. Globe GCash Cards are customizable ATM cards and can be used as a valid ID card as well.
- How to use GCash in messenger?
Linking your GCash account with the FB messenger is a productive way to utilize the features. You can perform it by using the GCash registered mobile number and complete the verification using the OTP.
6. What payments can I pay with Gcash?
Gcash bills payment list:
- Water and electric utilities
- Cable, telecoms and internet
- Credit cards and loans
- Government fees
- Insurance and healthcare
- Schools fees
7. Is GCash does the bills payment posting in real time?
Mostly, yes, but some GCash bills payment partners process it the next day. The maximum payment processing time is 3 days.
8. How can I get GCash rebate bills payment?
A rebate is an amount that is credited back to your GCash wallet for selected successful transactions. For more information, visit the GCash website. There you can also find out about GCash promo bills payment.
9. Can I use GCash bills payment for my business?
Yes, of course! You can become a Globe myBusiness customer and receive a GCash QR code as an additional payment channel. Send salaries to employees and pay bills securely and reliably with GCash for Business.Apply now
- GCash https://www.gcash.com/
- Digital Payments https://www.statista.com/outlook/…
- Bangko Sentral ng Pilipinas https://www.bsp.gov.ph/Site…
SamI loved Digido not just the app but for the whole experienced that I had in applying for a loan. Hassle free and loan disbursement is as quick counting 1-2-3.5
EricaI tried Digido out of curiosity. To cut to the chase, Digido is ideal for "petsa de peligro" days where it's almost payday but also your bills is on due date because they have short payment terms (I was given 7 days term for my first loan). You can get approved as fast as 30mins and the loan will reflect immediately.5
RyanDigido is one of a kind. They are true to their commitment that once u pass d review they will credit the loaned amount right away! In less than 5 mins we got the money transfered to my gf bank account. Amazing! Two thumbs up Digido!!!4
FrinaI like Digido loan site the most because they low interest rate within and had a prolongation service incase you can't meet your due, it really helps alot in time of need. In addition their loan process speed and disbursement is by far the fastest.5
RyfteBased from my experienced in this loan app, i think its verry good easy to used. It helps for those who need urgent loan you can have longger term of repayment also.4