I've received a payment in my PayPal account from one of my blog sponsors last week. Just a little amount and I really need it so bad by Monday (yesterday) to pay my registration fee for Bureau of Internal Revenue (BIR) of Php500.00 through GCash. And around Friday last week, I read a post of Mile High Mother about her experience in cashing out her PayPal funds in minutes and so, I got curious.
I contacted InstaCash right after I read and left a comment on Ate Rovie's blog post. I asked if they do transactions with Land Bank account holders like me. But, unfortunately, they don't. They only transact with EON card holders. Then, I remembered that my Globe prepaid phone is registered with Globe GCash. I asked InstaCash again if they transact from PayPal to GCash, and yes, they do! :)
But, I have to wait until Sunday then because they ran out of funds in their GCash account. And it's okay for me since I only need the funds on Monday.
When they have loaded their GCash, they text me that they have funds already and can do the transaction any moment I am ready. I've sent my PayPal funds to their PayPal account first and I informed them. After few minutes, I received another text that my GCash has received funds.
Easy, right? Their 24/7 online and very, very legit! :) If I need rush withdrawals in the future, I'll definitely transact with InstaCash.
Plus, they're transaction fees are very reasonable.
Their transaction rates are the following:
3,000 below == 150php
3,000 - 4,999k == 250php
5,000 - 7,499 == 365php
7,500 - 9,999 == 450php
10,000 - 12,999 == 600php
13,000 up == starts with 850php then additional 150php for every 1k
14,000 == 950php
15,000 == 1,100php
16,000 == 1,250php
17,000 == 1,400php
I didn't regret and I'm very happy that I did transact with them.