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
Published Jun 03, 2022 01:34 PM PHT
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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.
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.
"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.
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.
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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Some banks have waived InstaPay and PESONet fees up to December 2022.
Some banks have waived InstaPay and PESONet fees up to December 2022.
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