INTRODUCTION:
Gcash and PayMaya are both popular digital wallets that is most commonly used here in the Philippines. Some people are using it because it gives some bonuses for those persons who used it specially for there regular user and also for those newbie on there app. They are having a high security system to protect there users.
BENEFITS AND USAGE:
Both Gcash and PayMaya are having a free bonus at your first use like free Php 50.00 - Php 100.00 or $1 - $2 free bonus. But before you got that you pass the KYC first or the also known as "Know Your Customer" feature. They're using KYC to avoid and prevent cheating and usage of multiple accounts on their app.
Basically, many people are using Gcash and PayMaya for a mobile banking, E-loading or use as E-load wallet, use in their business, and use to transfer money to their bank account as a cash out. You can also cash - in on this two app by there partner banks, via E-load, Gcash to Gcash, PayMaya to PayMaya, Paypal and many more.
You can also use those two apps for:
• Paying bills online.
• Use for paying electricity online.
• Use as payment option in some earning apps.
• Use to pay water bills.
• Use to send money to your love ones and many more.
That's the reason why many people here in the Philippines are using those two app. Its very helpful to them specially now that we are facing the Covid-19 pandemic.
PROBLEM:
But what if those two app the Gcash and PayMaya will have a Bank transfer fees?
Last night when I'm watching in GMA channel 7 i just saw the news that saying, "Gcash and PayMaya are now having a transfer fees or bank transfer fees." After hearing and saw that news I'm shocked because it will have a bad effects to those people who's using it right now in the time of pandemic.
"How about those people that using those app in there small business?" i say to myself. Those two apps are both very useful now a days because of the situation of the world but how could it be that they're using that situation to get fees even if there's a problem in our community. Maybe the developer of Gcash and PayMaya doesn't cared on about those people who needs their app now.
Bad effects of having a fees:
• It will lessen the amount of profit that small business owners has.
• Decreased in the amount of money that you can possibly send to your love ones or family.
• Some users will be discouraged to use those apps.
• It will increased the amount of money that you will consumed.
• And many more bad effects that is not become very helpful to some users of their app.
CONCLUSION:
I think those two wallet apps are really good in terms of there features and usages but, after that news in the television that i saw and watched i think i will change my mind of having a lot of appluse on those two app if they continue taking a fee in the middle of the pandemic maybe many people will uninstall and will stop using the Gcash and PayMaya app.
Thanks for reading my article guys I'm not a professional writer but i hope you like it. God bless to all and have a nice day.
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