I am currently using PayPal to GCash instant withdrawal service but experiencing delays two times within a month has made me reconsider. On Wednesday, April 26th, I attempted an initial PayPal to GCash cash-in of $5 to check if the withdrawal would go through instantly. Having dealt with the unpleasant consequences of experiencing the delay on April 5th, I decided to do a small GCash cash-in and if it goes through instantly, I could then continue with transferring a larger amount. This time, though, the second PayPal to GCash cash-in in a larger amount did not go through; only the first small transfer did. So much for being cautious.
The new information I would like to share about this delay in PayPal to GCash cash-in is the text notification I received regarding the transaction.
This text notification came even when PayPal already e-mailed me the confirmation that the funds have already been transferred successfully to my GCash account. What gives? When I contacted PayPal about it, I was told that the transfer went through and GCash should be able to refund me the amount.
At this juncture of doubting which platform really works or if I should switch from GCash to PayMaya (PayMaya also offers the same instant withdrawal service), I decided to do some research on reviews about PayMaya’s instant withdrawal service as well. Most of the reviews I read were not so encouraging as with PayMaya’s instant withdrawal from PayPal service was also met with negative comments from 2-day delays up to even a week.
These instant withdrawal services getting delayed led me to wonder about what makes mobile wallets susceptible to serious timing errors. I tried Skrill’s mobile wallet feature in the past for a long time before I switched to GCash and I did experience delays not amounting to five attempts. The redeemable point about Skrill’s instant withdrawal service via mobile wallet was that Skrill will send an e-mail that your transfer was declined by your chosen network so no dispute and claim would have to be filed because your balance would be instantly reverted to your account.
Instant withdrawal services do come with a caveat – expect network glitches and delays on some days, be it via GCash or PayMaya or Skrill. The word instant does not guarantee immediacy most times.