PayPal has partnered with GCash for free balance withdrawal and access to thousands of ATMs in the Philippines.
You can easily link your Paypal account to GCash and transfer funds for free.
If you want to know how to link PayPal to GCash, check out all of the details in this article.
How to Link PayPal to GCash
Follow these instructions on how to link your PayPal to your GCash account:
Step 1: Open the GCash app on your smartphone.
Step 2: Click on Profile at the bottom right corner.
Step 3: Select My Linked Accounts.
Step 4: Tap on the PayPal icon or arrow.
Step 5: Enter your PayPal email address and click the Link button.
Step 6: Tap on the Authorize button on the PayPal interface.
Step 7: Login to your PayPal account.
Step 8: Click the Close and Continue button.
You will now see a confirmation screen on the GCash app that says linking is complete.
How to Send PayPal to GCash
Now that your PayPal account is linked in GCash, you can transfer money directly. Here’s how:
Step 1: Convert your PayPal money to Philippine Peso
Step 2: Open your GCash app and tap Cash In
Step 3: Select PayPal
Step 4: Enter the amount you want to cash in
Step 5: Confirm
Step 6: Your cash in is now complete. You should receive the money in your GCash account within a minute.
Why should I link PayPal to GCash account?
You should link your PayPal account to GCash because it is a hassle-free process and there are no deductions being made with your balance.
You can get the whole amount from your PayPal balance unlike with other digital wallets or bank accounts.
Once your PayPal balance is successfully transferred to your GCash account, you can easily send it to other GCash users, bank accounts, and digital wallets.
Using your GCash Mastercard for retail transactions doesn’t have any transaction fees, too.
It simply provides you convenience in using your PayPal balance, as advertised.
Requirements for PayPal to GCash account linking
PayPal needs to ensure that you have a real GCash account to be able to transfer funds, so GCash has outlined the following requirements:
- You need to have a fully verified status on the GCash system
- Your name on GCash and PayPal must be exactly the same.
- You have entered the correct PayPal email address.
- PayPal account must be Philippine-based.
- To not have withdrawal limits, ensure you have verified your bank account or credit card.
- Linking must be done inside the GCash app.
The process is straightforward as long as you are already fully verified in GCash and have a working PayPal account.
What is PayPal?
PayPal is a multinational financial technology company that offers free account creation and digital wallet management.
Just like GCash, it allows users to send money, receive money, and shop online or in person.
PayPal promotes GCash for accessing your funds in the Philippines and you can easily link PayPal to GCash.
The GCash Mastercard then allows you to spend your PayPal balance online and at retail stores.
Is there a fee for linking PayPal to GCash?
There is no fee to link your PayPal account to GCash, not even when cashing out your funds.
GCash is the official partner of PayPal in the Philippines, and they state that you can withdraw your funds for free at more than 20,000 BancNet ATMs.
Is there a waiting period when withdrawing funds using GCash?
No, there is no waiting period to access your PayPal funds through GCash once you transferred them.
The transfer transaction is instant unlike in traditional banks which may take between 1 to 3 days, in order to be successfully processed.
What is the minimum cash-out amount from PayPal to GCash?
The minimum amount that you can cash-in to your GCash account from your PayPal balance is P500.
GCash already gives the notice of the minimum transaction amount even before you enter the amount you want to withdraw.
Even if you have P499.99 in Peso currency, you can’t proceed to the free GCash withdrawal.
What is the maximum cash-out amount from PayPal to GCash?
The maximum amount that you can cash-out from your PayPal account to GCash is P100,000 every month.
That is the same with the Wallet Limit, and monthly Incoming Limit of fully verified GCash accounts.
Even with higher cash-out amounts, there is still no deduction from either GCash or PayPal.
Do I need to convert other currencies to Philippine peso before I withdraw to GCash?
Yes, you need to convert international currencies first to Philippine peso in order to access it using your GCash account.
Even if you have more than P500 equivalent in other currencies, you won’t be able to withdraw it using GCash if it isn’t in your peso account.
How do I convert other currencies to Philippine peso on PayPal?
In order to convert other currencies to Peso on your PayPal account, you need to do it inside the PayPal platform.
You need to open your PayPal account via the website only and do the conversion from there.
Just go to Wallet, then PayPal balance, and click the three dots icon beside the currency you want to convert.
For converting any other currency to Philippine peso, just click the three dots icon beside the foreign currency.
You can already see the exchange rate even before proceeding with the transaction.
Take note that the conversion rate is not the same vice versa, which means you get less when converting to Peso and requires more when converting from Peso to foreign currency.
Can I unlink my PayPal account from GCash?
Yes, you can unlink your PayPal account from your GCash account but there is no direct way to do so.
You need to link a new PayPal account as there can only be one PayPal account linked to your GCash account at any given time.
To just unlink your existing PayPal account from GCash, submit a request through the Help Center.
Can I contact customer support for PayPal concerns?
Yes, you can call 2882 in order to talk to a GCash customer support representative for any GCash-related PayPal concerns.
Alternatively, you can submit a ticket to the Help Center via the GCash app or website.
GCash allows you to link your PayPal account and be able to withdraw funds for free.
Just make sure you have enough balance under the Philippine peso currency before cashing in through GCash.