GrabPay sets P15 InstaPay transfer fee starting July 18 | ABS-CBN

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GrabPay sets P15 InstaPay transfer fee starting July 18

GrabPay sets P15 InstaPay transfer fee starting July 18

ABS-CBN News

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MANILA - Grab Philippines on Friday said it would introduce fees for GrabPay InstaPay transfers to other banks and e-wallets pending the approval of the Bangko Sentral ng Pilipinas.

"Subject to the approval of the Bangko Sentral ng Pilipinas, InstaPay transactions from GrabPay to other banks and e-wallets will incur an additional PhP 15.00 transfer fee starting 18 July 2022," it said.

But transfers to other GrabPay wallets are free of charge, it said.

Other banks, e-wallets and electronic money issuers have earlier imposed fees for InstaPay fund transfers after waiving such charges during the COVID-19 pandemic.

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