Using GCash to Deposit at Online Casinos in the Philippines
Online gambling and sports betting have never been more easy and accessible nowadays with the advancement of technology. Filipino gamblers often deposit money to play online slots and slot games, at casinos, or even use them for sports betting. There are some payment methods that can be used in online casinos such as credit cards, debit cards, and e-wallets (Skrill and Neteller are a few examples of e-wallets in international countries). In the Philippines, the most commonly used and the most popular is GCash.
GCash is a popular electronic wallet powered by Globe Telecom, a leading telecommunications company in the Philippines which was founded in 1928. They came up with this electronic wallet in 2004 with the help of GXI (G-Xchange Inc.) and in 2019, it was handed over to Serious Studio. WIth compliance and the approval of the BSP (Bangko Sentral ng Pilipinas), the central banking foundation that handles some of the most popular banks in the Philippines. With GCash, you can pay bills, transfer money, buy prepaid or postpaid bills. You can even purchase stuff in online shops such as Shopee and Lazada, and more. It serves as an e-wallet for people so they can pay anything without the hassle of going outside and waiting in line. This is more popular now that we are in the middle of quarantine since we are practicing contactless paying. This is a highly suggested app to use if you are always on the go or in a hurry because you can pay anything with just one click. At this point, we are going to show you how to deposit using GCash at Philippine online casinos for playing slots.
First, you need to have an active and working mobile phone number since all of the transactions and notifications are being sent to your mobile device. You can use any network. The good thing is, GCash has its own user-friendly website that you can access online. For those who do not have a GCash account, you may follow the steps below to register:
1. Open the app and click “REGISTER”.
2. Complete the information that is shown on your screen. Of course, it is required to enter your complete name and address to finish the registration progress.
3. If you have finished registering your account, then it is now time to set up your own 4-digit MPIN. It also works like a password. If you don’t have an MPIN, you will not be able to access the features in GCash.
4. Click “Submit” once you have chosen your own MPIN. This will serve as your permanent MPIN.
5. Once you’ve done that, there should be a SMS confirmation. You need to prepare your mobile phone number, and accomplish all the steps shown on the screen.
6. The app will give you a 6-digit authentication code. Enter the code to finalize the authentication so you can use the app completely.
7. Finally, enter your MPIN and click “Log-in”.
Once you have successfully created your own GCash account, you need to be fully verified. There are three stages of verification: Basic, Partially Verified, and Fully Verified. You need to complete this process to be able to use and access all of its features. The transaction in this app is just standard and is also run by the BSP (Bangko Sentral ng Pilipinas).
There is a difference between the three stages. In Basic, access to all of the services is finite. In Partially Verified, you are required to complete an online form to gain the power to further services like withdrawing and sending money, etc. The most essential stage is to become a Fully Verified user. For you to be a fully verified user, a video chat will pop-up which is between you and one of the representatives of customer support. You need not to worry because the verification process is secured so it is safe to provide personal information. You can fully enjoy the benefits in the app hassle-free when the chat is done.
Once you are fully verified, the transaction limit and payment limit will increase. For instance, the amount of money a wallet can load will rise up from Php 40,000/ month to a whopping Php 100,000 cash limit. This also occurs on your payment limit, if this app is your main payment source. Starting from Php 5,000 as a basic member, if you are fully verified it will also increase up to Php 100,000. Cashing-in will also boost from Php 40,000 to Php 100,000.
When you are cashing-in, there are popular platforms that you can use for cashing-in your money to your GCash account. 7-11, PayPal, BDO, and other banks that are somewhat related to debit cards are some of the platforms that accept cash-ins. There are no additional fees when using some of these platforms. But, when using RCBC and BPI, there is an additional fee of Php 1.00 for cash-in.
Switching your real money funds into GCash can define funding your account. In online casinos, there are steps in funding and using some payment processors with the GCash application. In the Philippines, you can also cash-in through Cebuana Lhullier, Villarica Pawnshop, and the likes. You can also use RCBC, Mastercard, PayPal, etc.. You can apply these things when using Philippine Online Casinos.
Even though there are a few with direct GCash payment, a lot of online casinos in the Philippines accept the use of the GCash application. It is the most convenient as they can fund their accounts easily with just a tap on your mobile device. You can also link PayPal or e-wallets into GCash for easier depositing money and funding accounts with this method.
Yes, gambling is fun. But, you should always bring your money with you so you can enjoy gambling without worrying about your money. The good thing with online casinos is that bettors can have fun in the comfort of their own homes, especially during this quarantine period while waiting for COVID-19 to disappear. We hope you learned something new and different. Stay safe always.