Wednesday, October 14, 2020

How To Send Money From Paymaya to Coins.ph


how to send money from paymaya to coins.ph



Have you wondered if you can send money from PayMaya to Coins.ph? Then, you've come to the right place.

As one of the leading mobile wallets in the Philippines, PayMaya has partnered with various financial institutions and merchants to provide flexibility in doing online transactions.

One of the things you can do with PayMaya is to send money to Coins.ph which is very helpful when you don't have a bank card to withdraw your money sent online.

As a freelancer with deactivated bank cards, PayMaya is so useful to me. I use PayMaya to receive my salaries from Paypal. I, then, either transfer the money from PayMaya to GCash or Coins.ph.


If you don't have a bank card yet, a PayMaya Card or GCash Mastercard, transferring the money from PayMaya to Coins.ph is the best thing to do as you can then cash out your money from there either to LBC, Palawan Express, or M Lhuillier.

So, how do you transfer your money from PayMaya to Coins.ph?

Transfer Money From PayMaya to Coins.ph (For Free)

Update: As checked on December 2020, Bank transfer from Paymaya now has a Transfer Fee of P10.

Here is a step-by-step guide on how to send money from PayMaya to Coins.ph instantly.

1. Open your PayMaya App.

If you do not have a PayMaya account yet, you may download the app from the Google Play and sign up through your mobile number.

To get instant Php50 upon sign up, you may use this PayMaya invite code - 2x6bjvk

2. Log in to your PayMaya account.

3. Click Bank Transfer.

4. Look for DCPay Philippines Inc.

Always look for DCPay Philippines Inc option if you want to transfer money to Coins.ph from SSS or other e-wallets.

5. Enter the amount you want to send to Coins.ph from PayMaya.

6. Enter the purpose of the money transfer.

7. Enter account details from account number to full name to recipient mobile number.

The account number is the mobile number registered in Coins.ph account. 

The name to be entered should also be the name registered in Coins.ph account.

8. Hit the "Continue" button.

9. Review the information entered to confirm everything is correct.

10. Click the "Send" button once everything is checked.

11. Enter the OTP or the one-time-pin sent to your mobile number.

12. Click the "Proceed" button to finalize the transaction.

You will then receive a confirmation stating that the transaction is successful.

PayMaya Bank Partners for Money Transfers


If you're wondering if you can send money from PayMaya to other wallets or to your bank accounts. Here is a complete list of PayMaya financial partners.

  • Allbank (A Thrift Bank), Inc.
  • Asia United Bank Corporation
  • BDO Network Bank
  • BDO Unibank, Inc.
  • BanKo, A subsidiary of BPI
  • Bangko Mabuhay (A Rural Bank), Inc.
  • Bank of Commerce
  • Bank of the Philippine Islands
  • CTBC Bank (Philippines) Corporation
  • Cebuana Lhuillier Rural Bank, Inc.
  • China Bank Savings, Inc.
  • China Banking Corporation
  • Development Bank of the Philippines
  • Dungganon Bank, Inc.
  • East West Banking Corporation
  • East West Rural Bank, Inc.
  • Equicom Savings Bank, Inc.
  • ISLA Bank, Inc.
  • Land Bank of the Philippines
  • Malayan Bank Savings and Mortgage Bank, Inc.
  • Maybank Philippines, Inc.
  • Metropolitan Bank and Trust Company
  • Partner Rural Bank (Cotabato), Inc.
  • Philippine Bank of Communications
  • Philippine Business Bank, Inc., A Savings Bank
  • Philippine National Bank
  • Philippine Savings Bank
  • Philippine Trust Company
  • Philippine Veterans Bank
  • Queen City Development Bank, Inc.
  • Quezon Capital Rural Bank, Inc.
  • RCBC/DiskarTech
  • Robinsons Bank Corporation
  • Security Bank Corporation
  • Sterling Bank of Asia, Inc. (A Savings Bank)
  • Sun Savings Bank, Inc.
  • UCPB Savings Bank
  • Union Bank of the Philippines
  • United Coconut Planters Bank
  • Wealth Development Bank Corporation

PayMaya Mobile Wallet Partners for Money Transfers


  • DCPay Philippines Inc or Coins.ph
  • GCash
  • GrabPay Philippines
  • ING Bank N.V.
  • OmniPay, Inc

Bottomline


It is actually so easy to send or transfer money from PayMaya to coins.ph or to any financial institution. All you have to do is explore the PayMaya mobile app.

If you have questions and clarifications, feel free to use the comments section below.

How To Send Money From PayMaya To GCash


How to transfer money from paymaya to gcash


If you have an online business or online job, it's likely that you are receiving and transferring money from bank to bank or from e-wallets to e-wallets.

As a freelancer, I am transferring money from banks to mobile wallets or vice versa. But when my bank cards were deactivated, I greatly relied on e-wallets like PayMaya, Coins.ph, and GCash.

One of the things that I usually do is transferring money from Paypal to Paymaya, then, from Paymaya to GCash. That is my usual route especially now that I already have a GCash Mastercard.

If you're looking for ways on how to receive your money from your clients or to save money from every online transaction, you might want to consider using PayMaya as your main medium in receiving payments, then, transfer the money to GCash to withdraw through your GCash Mastercard or purchase online.

If you want to know how to get a GCash Mastercard, you can read our guide here.

What I like most about transferring money from PayMaya to GCash is that it is free of charge.

Yes, sending money from PayMaya to GCash is still FREE despite the recent changes GCash has made.

So, how to send money from PayMaya to GCash?

Transfer Money From PayMaya to GCash For Free


If you've been using PayMaya for quite a long time now, you might already know how to transfer money from PayMaya to any banks or e-wallets.

In case you haven't tried this though, here's how you can easily transfer your money from PayMaya to a non-PayMaya user.

1. Open your PayMaya app and log in to your account.

2. Go to Bank Transfer.

3. Look for GCash from the options.

4. Enter the required information such as the amount you want to transfer, the purpose of the transaction, and the account details.

The account number is the receiver's phone number registered on his GCash account.

The name should be also the same as registered on the GCash account.

If you are sending the money to your own GCash account with a different last name, you should enter the information as to how it is registered on GCash.

5. Click the "Continue" button.

6. Review the entered information. Make sure all information is correct.

7. Click the "Send" button.

8. Enter the One-Time Pin or OTP sent to your mobile number.

9. Click the "Proceed" button.

That's it! Once the transfer is successful, you will immediately receive a confirmation either to your phone or email address. You can also check your GCash account if the money is successfully transferred.

If you are transferring the money to another person, you can check the status of the money transfer with them. Save proof of the transaction and take note of the reference number for possible disputes.

Alternatively, if you have a bank account, you can directly transfer your money from PayMaya to your bank account.

If you don't have a bank account, a GCash Mastercard, or a PayMaya card, but need to cash out the money, you can transfer your money from PayMaya to Coins.ph, then, from Coins.ph to any of the remittance centers available in your area.


Bottomline


PayMaya and GCash are definitely two useful mobile wallets. They go hand in hand when it comes to receiving and sending money.

For questions and clarifications, please use the comments section below.