Having funds readily available in your digital wallet is convenient. But sometimes you might need cash—for tips, small purchases, or simply to have tangible currency on hand. Continue reading to learn how to withdraw money from PayPal, GCash, and other e-wallets.

How to Withdraw Money from PayPal

There are two ways to withdraw funds from your PayPal account. Instant Transfer lets you move money quickly to your linked debit card or bank account, but fees might apply. Standard Transfer is a slower option for directly transferring cash into your bank account, but it's usually free.

Follow these steps to cash in PayPal funds:

1. Link your bank account, debit card, or GCash.
   1. In your PayPal "Wallet" section, click "Link a card or bank."
   2. Choose your method from the menu or select "Link your bank another way" to enter details manually. Need more help? Check out PayPal's video demo.
2. Access your “Wallet.”
   1. On the website, log in and go to your "Wallet."
   2. On the app, tap on "Balance.”
3. Click on "Transfer Money."
4. Select "Transfer to your bank" and pick either “Instant” or “Standard Transfer.”
5. Follow PayPal’s instructions to complete the remaining steps. You’ll receive an email notification summarizing the amount of money reflected in your account, net of processing fees.

This will show you the estimated contributions paid and the total pension after 10 and 20 years. If you click the button for more detailed information, you'll see the factors SSS considers when calculating pension.

Processing Fees and Timelines

PayPal charges transaction fees when you receive money and transfer money to another account. Fees depend on where the money comes from and how it’s sent. Personal transfers or “cash gifts” within the same region are free. However, international transactions involving currency conversion or merchant transactions incur 2.9% or higher charges.

For example, if you’re receiving a remittance from abroad, you’ll pay transaction fees because it involves currency conversion.

How quickly you get your money depends on the transfer method. You’ll usually see it instantly if someone sends you money directly from their PayPal balance. However, if the transfer involves a bank (like when someone pays from their linked bank account), it can take two to five business days for the money to reach you.

How to Transfer Money from PayPal to GCash

Withdraw money easily from PayPal using GCash. You can receive up to ₱100,000 from anywhere in the world without setting up a bank account. Processing times are also shorter; you can get your money in less than two working days. Just remember that PayPal's standard fees for currency conversion will still apply if you need to convert funds before transferring them to GCash.

Ready for your first GCash to PayPal transfer? Go to your GCash app and select “Link PayPal Account” from the side menu. Enter your registered email address and follow the steps to authorize your account.

To cash in your PayPal funds from GCash:

1. Open GCash. From the homepage, tap on "Cash In."
2. Choose "Global Banks and Partners" then tap "PayPal."
3. Type the amount you want to cash in and tap "Next."
4. Double-check the amount and confirm the transaction.

Cashing in Your GCash Funds: Withdrawal Options

GCash simplifies cashless transactions—send money, save, and invest with just a few taps from the app. But when you need cash, GCash offers multiple options for withdrawal.

Pick your preferred channel from hundreds of partners nationwide.

• Partner establishments. Withdraw at convenience stores, pawnshops, supermarkets, department stores, and payment facilities.
• ATMs. Use your GCash Mastercard at any BancNet or Mastercard ATM. No GCash card? Order one directly through the app and have it delivered to your doorstep.
• Transfer to a bank account. Select your bank from the dropdown menu, provide your account details (or use your bank account’s QR code), and transfer the desired amount. From there, you can easily withdraw from your bank’s ATM.

Processing Fees and Timelines

Cash-in fees vary depending on the withdrawal method. Here’s a breakdown for each option:

• Partner establishments. Withdraw up to ₱8,000 per month without fees. Any withdrawals beyond this limit incur a 2% service fee. Your limit resets on the first day of each month.
• ATMs. Expect withdrawal fees between ₱10 to ₱18. Balance inquiries may cost up to ₱2.50.
• Bank transfers. Each transaction will have a flat fee of ₱15.

GCash withdrawals happen in real time, so you get your money instantly.

Withdrawing from E-Wallets: General Guidelines

While the exact process varies between digital wallets, there are a few common withdrawal steps.

1. You'll typically need to link your wallet to a bank account or debit card for the transfer. Transfer times can vary greatly—from instant to a few business days—so research your specific wallet's policies.
2. Find out where you can withdraw. Unlike GCash, most wallets have limited over-the-counter options. Check their list of partners so you don’t waste a trip!
3. Some wallets charge withdrawal fees, so always check the fee structure to avoid surprises.

For instance, Coins.ph is a Philippine-based wallet that offers bank transfers, over-the-counter options, and even the potential for cryptocurrency exchange. Check the Coins.ph withdrawal guide for more information.

Now that you know how to withdraw money from PayPal, GCash, and other digital wallets, you can get cash whenever needed. A reliable internet connection lets you use e-wallet services whenever, wherever.

Get one of the latest mobile devices and pair it with a strong postpaid plan or flexible prepaid promo. Enjoy seamless connection to manage your e-wallets on the go. Check your balance, get instant payment notifications, or transfer money seamlessly—all from the convenience of your phone.