This is good news for those who were caught off guard with pronouncements by digital wallet providers suddenly charging for Bank transfers and transactions.
PayMaya is continuing to make sending money from PayMaya accounts to other banks and E-Wallets through InstaPay FREE until October 31st, 2020. They will also be waiving off fees for PayMaya to PayMaya transfers, all free of charge.
They also want customers to check with their individual banks for any transaction fees as they might charge you upon adding money to their PayMaya account. You can also choose to link your BPI accounts to do it for FREE or do it over the counter with BDO or Ministop branches. There are also Pera Hub branches nationwide that can do it for you instead. This comes as a statement from PayMaya released October 1st.
I really take this as good news. Plan your transactions accordingly so you don't spend too much on fees. Times are rough, and the last thing we want to do is to spend more with these fees. It's where I pay my bills too, these are no chump change to be okay about. I hope everyone else follow suit.