I have the easiest way I would like to share with you how to cash in my Paymaya account without a fee by transferring funds directly from your bank account. Here is the step-by-step guide on how to load your Paymaya account.
Just remember that this feature is available only for upgraded accounts. Upgrading Paymaya account can give you ease and get access to different services like sending money to other Paymaya users, you can also withdraw money from any Bancnet ATMs here and abroad and an increase of monthly limit to PHP 100,000.00 .
To upgrade your Paymaya account you need to complete and verify your personal information and verify your identity by submitting valid ID and recording a selfie video.
Step 1. Log-in
Login using your phone number and password.
Step 2. Add Money
Adding money to your Paymaya account is easier with BPI debit card. This option is also cheaper (during Covid19 ECQ, this facility is FREE of charge!) simply because there is no convenience fee unlike using credit card, there is a PHP 30.00 fee.
Step 4. Complete Fund Transfer
You will be asked to log in to your BPI online banking account, and chose fund source. Choosing a fund source is only applicable if you have more than one account enrolled in your online banking account. Once you confirmed the fund transfer by entering the OTP (One-Time PIN) sent to your BPI registered mobile number. The amount will be credited instantly to your Paymaya account.
Now that I loaded my digital wallet, I can now use the available balance in different online transactions like sending money to loved ones who don’t have bank accounts, sending donations, paying bills, and submitting monthly mandated government contributions like SSS, Philhealth, Pagibig and paying taxes.
Easy 4 steps that will not take you more than 15 minutes to do at the comfort of your home with a mobile internet connection if you have savings account in banks like BPI. This is also easier to do if you already set up properly your Paymaya account and upgraded it to use this convenient payment facility to load your digital wallet.
