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How to Convert Money Between GCash and PayPal

How to Convert Money Between GCash and PayPal
"""You've put in a lot of effort to get the money in your PayPal account, and now you're considering what to do with it. The problem is that PayPal to bank transfers typically take several days to complete, so you won't get your money right away. It's good that GCash is available for those immediate or emergency circumstances. Transfers from PayPal to GCash are instant, and once the money arrives in your GCash wallet, you can start using it for personal expenses right away. ,'_com-box-3','ezslot_4',183,,_('div-gpt-ad-_com-box-3-0');
When I withdraw money from PayPal, I typically use UnionBank, and the process only takes one banking day to complete. With GCash, transfers take place immediately and the money is in your wallet in a matter of seconds.
When transferring funds from PayPal to GCash, there are no withdrawal fees, which is yet another advantage. For withdrawals of less than 7,000 yen, the majority of banks charge a 50-yen fee. GCash doesn't charge you an expense, regardless of how large or little the withdrawal sum is. Because of this, GCash is popular among Filipinos who want to maximize their earnings savings. ,'_com-medrectangle-3','ezslot_5',191,,_('div-gpt-ad-_com-medrectangle-3-0');
You can send and receive money, pay bills, buy prepaid loads, buy things, and pay bills with GCash, a mobile wallet. On the other hand, PayPal is the most widely used online payment method in the world. It lets you send and receive money using an email address. Both are free to use and sign up for.
I'll show you how to link your GCash and PayPal accounts and move money from PayPal to GCash in this brief tutorial. Check to see if your PayPal and GCash accounts are still active. Read our guide on how to open a PayPal account in the Philippines if you don't already have one.
How to Link Your GCash Account to PayPal You must first link your GCash account to PayPal before you can transfer money from PayPal to GCash. This is a once-only operation; You can make as many transfers as you want from your PayPal account to your GCash wallet after linking.300,250],'_com-medrectangle-4','ezslot_6',192,,,_('div-gpt-ad-_com-medrectangle-4-0');
Step 1: Type your four-digit MPIN into the GCash app once it is open. You can get GCash from the App Store or Google Play if you don't already have it.
Step 2: At the very bottom of the GCash home screen, select the ""PROFILE"" tab.

Step 3: On the GCash menu, select ""My Linked Accounts.""

Step 3: A list of accounts that can be linked to GCash is visible. To continue, tap ""PayPal."" '_com-box-4','ezslot_7',193,,_('div-gpt-ad-_com-box-4-0');

Step 4: Enter the PayPal email address. Check to see that your PayPal and GCash accounts use the same first and last names. To go on, tap the ""LINK"" button.

Step 5: To link your GCash account to PayPal, tap ""Authorize.""

Step 6: Enter your PayPal mobile number or email address. To continue, tap ""Next.""

Step 7: After entering your PayPal password, select ""Log In."" ”{300,250],'_com-banner-1',);

Step 8: The success of the linking will be displayed on the subsequent screen. Either tap ""Close and Continue"" or wait for the screen to take you to the next step by itself.

Step 9: Congratulations! Your GCash wallet and your PayPal account have been linked. You can now begin transferring funds to GCash from PayPal.

How to Move Money from PayPal to GCash Now that your GCash and PayPal accounts are connected, it's time to move money from PayPal to GCash. The steps are as follows:
Step 1: Enter your four-digit MPIN into the GCash app.'',_;
Step 2: As shown in the screenshot below, tap ""Cash In.""

Step 3: Under “My Linked Accounts,” pick “PayPal.”

Step 4: Enter the amount you want to transfer in pesos. The amount can't be more than your PayPal available balance, as shown by the GCash app. 500 yen is the minimum amount that must be transferred.
Please note that only Philippine pesos can be transferred, not US dollars or any other foreign currency. Before transferring funds to GCash, you should first convert PayPal balances in US dollars or other currencies to Philippine pesos. The step-by-step instructions for converting your dollars to pesos can be found in the following section, ""How to Convert US Dollars to Philippine Pesos in PayPal.""
To continue, tap ""NEXT.""

Step 5: Take a look at the amount you want to transfer. To proceed with the transfer, tap ""CONFIRM."",,_;

Step 6: Hold off until the transaction is finished. The money typically appears in your GCash wallet within a few seconds. PayPal will send you an email and a text message to confirm the transfer of funds.

Step 7: Congratulations! The money can now be used for GCash transactions like sending money to a friend, buying prepaid load, and paying bills. You can also use your GCash Mastercard or the Cash Out option to withdraw funds from any of the more than 20,000 BancNet ATMs located throughout the nation.
Note: You can try linking your PayPal and GCash accounts once more to resolve the issue if your cash-in attempts from PayPal to GCash keep failing.
How to Convert US Dollars to Philippine Pesos in PayPal As previously stated, only PayPal-based transfers can be made with GCash. The issue is that most of us have PayPal accounts with funds in US dollars. This is especially true for online workers and freelancers, who typically earn money in US dollars. '',_('div-gpt-ad--0');
The solution is to use PayPal to convert US dollars to Philippine pesos. Your converted funds will be displayed separately in your PayPal wallet and can be done immediately.
Other currencies can be exchanged for Philippine pesos and vice versa. Keep in mind that PayPal conversion rates are lower than the rates at which currencies are converted in real time.
Step 1: Create an account with PayPal.
Step 2: Select ""Manage currencies"" by clicking or tapping the kebab menu on the right side of your PayPal balance. Alternately, by clicking ""Wallet,"" you can immediately access your PayPal wallet.

Step 3: Go to the ""USD"" section of your PayPal balance summary in your wallet, select ""Convert currency"" from the menu on the right. ”'_com-large-mobile-banner-2','ezslot_15',198,,_('-2-0');

Step 4: After selecting ""Philippine Peso,"" select ""Next.""

Step 5: Make a note of the conversion rate as you enter the amount you wish to convert from US dollars to Philippine pesos. Your USD balance should not be depleted by the amount. To continue, select ""Next."" [300,250], ""_com-leader-3,"" ""ezslot_17,"" and ""703,"" respectively;

Step 6: Examine your purchase. To carry out the currency conversion, select ""Convert Now.""

Step 7: Your exchange from US dollars to Philippine pesos was successful. The converted funds can now be transferred to your GCash wallet.

Conclusion As you can see, transferring your funds from PayPal to GCash only requires a few simple steps. To top up your GCash wallet and take advantage of real-time money transfers and zero transaction fees, you can use your PayPal balance to do so. It's so simple and easy to do! You can even use any BancNet ATM to withdraw funds with a GCash MasterCard debit card.
Please leave a comment below if you have any inquiries regarding PayPal to GCash transfers. I will do my best to assist you.580,400],'_com-leader-2','ezslot_16',199,,_('div-gpt-ad-_com-leader-2-0');
Tags: GCash, PayPal, online banking, online shopping, and payments" - https://www.affordablecebu.com/
 

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"How to Convert Money Between GCash and PayPal" was written by Mary under the Technology category. It has been read 500 times and generated 1 comments. The article was created on and updated on 02 February 2023.
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