How to Cash Out Your GCash Funds?

How to Cash Out Your GCash Funds?

There are several methods for cashing out or withdrawing your GCash funds, including bank transfers, ATMs, and over-the-counter partner outlets.

(UPDATED 09/30/2022) There are many ways to cash out your funds from your GCash account, either through partner payment facilities or through an ATM machine using a MasterCard.

GCash is a popular mobile wallet and digital bank in the Philippines. It quickly became one of the most popular methods of payment in supermarkets, grocery stores, shops, restaurants, and other businesses that accept GCash. It is also used not only in large establishments but also in "sari-sari stores," where customers can pay digitally if they prefer.

Other people prefer GCash because it can be used for other things like buying loads, paying bills, and saving money. It can also be used as a means of remittance, allowing people to send money to their loved ones or friends so they can cash it out.

You may check below on how to cash out GCash funds:

{tocify} $title={Table of Contents}

How to Cash Out GCash Funds through Pawnshops?

To cash out GCash funds from partner pawnshops, specifically Cebuana, CVM Pawnshop, Vilalrica, Tambunting, and Jaro Pawnshop. Account holders can go to these pawnshops and simply tell the cashier that they want to withdraw funds from their GCash wallet.

You may also follow the steps below on how to cash out GCash funds from these pawnshops:

Cash Out GCash Funds via Cebuana

Step 1 – Tell the cashier you want to cash out from your GCash wallet.
Step 2 –  Provide your mobile phone number and the amount you want to withdraw.
Step 3 – Show a valid ID.
Step 4 – Wait for an SMS to confirm your cash out. To confirm, reply with the OTP.
Step 5 – Once you have confirmed, receive the cash from the cashier.

Cash Out GCash Funds via CVM Pawnshop

Step 1 – Inform the cashier that you want to withdraw money from your GCash wallet.
Step 2 – Enter your phone number and the amount you want to withdraw.
Step 3 – Present a valid ID.
Step 4 – Wait for SMS confirmation of your cash out. Respond with the OTP to confirm.
Step 5 –  Receive the cash from the cashier after you have confirmed.

Cash Out GCash Funds via Villarica

Step 1 – Complete the GCash Service Form.
Step 2 – Show a valid ID.
Step 3 – Wait for a text message confirming your cash out and confirm with MPIN or OTP.
Step 4 – Receive cash from the cashier.

Cash Out GCash Funds via Tambunting 

Step 1 – Fill out the GCash Service Form.
Step 2 – Present a valid ID.
Step 3 – Wait for a text message confirming your cash out and confirm with MPIN or OTP.
Step 4 – Receive cash from the cashier.

Cash Out GCash Funds via Jaro Pawnshop

Step 1 – Tell the cashier you want to cash out funds from your GCash account.
Step 2 – Enter in your phone number and the amount you want to withdraw.
Step 3 – Present a valid ID.
Step 4 – Wait for an SMS to confirm that your cash out was successful. Reply with the OTP for confirmation.
Step 5 –  Once you've confirmed, receive the cash from the cashier.

How to Cash Out Money Using GCash Mastercard?

Another option for withdrawing funds from your digital wallet is to use the GCash Mastercard, which can be used at any BancNet or Mastercard-partnered ATM nationwide. You just need to go to the nearest ATM machine and insert the card to withdraw your GCash funds.

If you still don't have a GCash MasterCard, you can get it through the GCash app. You may follow the steps below:

Step 1 – Launch your GCash app, and ensure that you are already a verified user.
Step 2 – Tap the View All" icon on the app's homepage.
Step 3 – Scroll down and click the "Cash Out" icon.
Step 4 – Select "Cash Out with a GCash Mastercard" and choose from "deliver or pick-up."
Step 5 – Fill out the necessary information and wait for the card's delivery.

How to Cash Out Gcash Funds without a Card?

As previously mentioned, if you do not have a GCash MasterCard, you can still cash out your GCash funds at pawnshops and other partner outlets. Some Sari-sari stores provide cash withdrawals via GCash Pera Outlet (GCash PO).

If you have a bank account, you can transfer your GCash funds to it and cash them out using your ATM card.

How to Cash Out GCash Funds through Sari-Sari Stores/GCash Pera Outlet?

Some Sari-Sari Stores now provide cash-out services via GCash Pera Outlet (GCash PO). GCash PO is GCash's response to the ever-increasing use of their mobile wallet. Some outlets are in remote areas where access to money centers is limited.

You can cash out funds at Sari-Sari stores using the GCash PO service by following the steps below:

Step 1 – Go to a sari-sari store or GCash PO location and notify the shop owner or manager that you will cash out funds.
Step 2 – Enter your phone number and the amount you want to withdraw.
Step 3 – Wait for the shop owner or manager to respond to your request.
Step 4 – After processing, your GCash funds will be deducted from the amount you specify.
Step 5 – Receive your money.

Note: Every cash-out in a GCash Pera Outlet incurs a 2% transaction fee. This amount will be deducted from your GCash balance.

How to Cash Out GCash Funds through Bank Transfer?

If you already have a bank account, you can withdraw your GCash funds from an ATM by transferring the balance to it. You only need to use the app's "bank transfer" service to accomplish this. Once your funds have been transferred, withdraw them from the nearest ATM.

Here's how to make a bank transfer using your GCash app:

Step 1 – Open your GCash App and select Transfer.
Step 2 – Choose your preferred bank.
Step 3 – Enter the necessary information to complete your transaction. Tap the Send Money button.
Step 4 – Double-check the details and the amount you want to transfer. Tap Confirm.

Note: You will be redirected to a transaction processing page. In addition, you will receive an SMS confirmation of your transaction's status. Each transaction will incur a PHP 15 fee.

How to Cash Out GCash Funds through Over-the-Counter Partner Outlets?

Aside from select pawnshops, you can also cash out your GCash funds at other over-the-counter partner locations. You must present one valid ID when transacting at a GCash Partner Outlet.

You may check the list below of GCash Partner Outlets:

Convenience Store

  • Family Mart

Supermarket

  • Puregold

Payment Facilities

  • DA5
  • ECPay
  • ExpressPay
  • Panalo Express
  • PeraHUB
  • Posible
  • TrueMoney

Department Stores

  • SM Store
  • Robinsons

How to Cash Out GCash Funds at 7-11?

Cashing out at 7-Eleven (7-11) is possible only by sending money through the use of the CliQQ app. You can send money to your loved ones through Pera Padala and then claim money at any 7-11 branches. To do this, you may follow the following:

Step 1 – Open the CLiQQ App and select Pera Padala.
Step 2 – Go through a one-time verification process.
Step 3 – Enter the amount to send and the recipient's information to generate a barcode.
Step 4 – Go to 7-Eleven and show the cashier the barcode and a valid ID. Pay the owed amount.
Step 5 – The receiver will be notified when it is ready to be claimed at the cash-out center. A valid ID is required to claim.

Conclusion 

We sincerely hope that this guide will help you withdraw funds from your GCash wallet. Having cash on hand is made easier by a variety of means thanks to the widespread availability of technology in today's world.

Because there are several ways to get cash, such as over-the-counter partner outlets, banks, or a GCash PO sari-sari store, GCash is a huge help for people who want a faster method of payment and access to money. —iTacloban
iTacloban

iTacloban aims to help people by providing the most recent educational content such as online guides, tutorials, news, updates, and digital content from the Philippines and around the world. Email us at itaclobanph@gmail.com for business promotions or partnerships. facebook twitter email

Post a Comment

Previous Post Next Post