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I hate to say this but yes, Globe Gcash has their new rates since August 2012 and it’s not a very good news for us sellers and buyers. They increase their rates by paying extra Php20 or Php10 per Php1000.
When sending Gcash, you will have to pay extra Php10 for every Php1000.
E.G. The amount you’re going to pay is Php999, Globe then will deduct 1009(999+10) from your balance.
When cashing out Gcash, you will have to pay extra Php20 for every Php1000.
E.G. The amount you’re going to cash out is Php999, Globe will deduct 1019(999+20) from your balance. If Php1500, they will deduct 1540(1500+40). Why 40? Because the fee(Php20) will increase for every 1000.
The Image shows the exact fees you’re going to pay for every amount. (Open image in new tab for larger view)
So have you guys like it? I don’t. I hope Globe will read this post, please bring it back to the original 1% fee. Php20 for every 1000 is too much! Pretty please?
I’m a seller slash buyer and I find this unfair. Comment your side below.