Tired of those pesky bank transfer fees? We got you! From now until December 31, 2021, PayMaya is giving you an instant cashback on your transaction fees whenever you cash in to your e-wallet account or transfer funds to other banks via Instapay.
With PayMaya, sending funds to other banks won’t cost you a thing as you automatically get a P15 cashback whenever you transfer via Instapay. Now, there’s no need to worry about unwanted fees when paying your favorite casual seller or sending ambag for your next (socially distanced) barkada get-
To start transferring funds to other banks via Instapay, all you have to do is follow these easy steps:
- On your PayMaya app homepage, click the Bank Transfer button.
- Choose the bank you’d like to transfer to.
- Input the bank details of your recipient and click Continue.
- Review the transfer details and hit send.
Just wait for the text message from PayMaya to confirm your transaction and you’re good to go! You can also choose to save the bank details of your favorite contacts – be it your go-to cookie IG store or your mom for your household bills share – so you can easily transfer funds without having to repeatedly input their account info on the app.
On top of this, you can also get an instant cashback on your Instapay fees* when you cash in to your PayMaya account from your go-to banks like BDO, Metrobank and more. You can enjoy a P20 cashback to cover your transaction fee twice every month until the end of the promo period.
Transferring via Instapay is among the convenient ways to add funds to your PayMaya account. PayMaya
To enjoy hassle-free Instapay
PayMaya is the only end-to-end digital payments ecosystem enabler in the Philippines, with platforms and services that cut across consumers, merchants, communities, and government.
It provides more than 38 million Filipinos access to financial services through its consumer platforms. Customers can conveniently pay, add money, cash out or remit through its over 300,000 digital touchpoints nationwide. Its Smart Padala by PayMaya network of over 55,000 partner agent touchpoints serves as last-mile digital financial hubs in communities, providing the unbanked and underserved access to digital services. Through its enterprise business, it is the largest digital payments processor for key industries in the country, including "every day" merchants such as the largest retail, food, gas, and eCommerce merchants, as well as government agencies and units.
*Applicable only to banks that haven't waived their Instapay fees for fund transfers