Overview

Perhaps one of the contributing factors that makes most Filipinos hesitant of using mobile or online payment for bills and purchases is the fear of losing their money especially if the amount involved is expensive. One particular example is paying our Pag-IBIG housing loan amortization which could range from P2,000 to P35,000 (minimum wage earner can borrow with monthly amortization for as low as P2,445.30 and a maximum loan can reach up to P6Million with monthly amortization of P34,490.73). It’s really a big money if your amortization lies somewhere in between. And probably that makes other opt to do over-the-counter payment instead of online one. However, that kind of option is actually a hassle and more expensive than doing your online transaction. Over-the-counter payments are inconvenient as it consumes time & effort to line in a long queue. On the other hand, convenience fee in using online transaction is cheaper than going to any cash collecting payment center as you have to consume gasoline or transpo fare on your way to it.

To lessen the worries of Pag-IBIG members in using their Gcash, below is the step-by-step procedure to online payment of their Pag-IBIG Housing Loan via GCash mobile app:

How To Pay Your Pag-IBIG Housing Loan In GCash?

First, open your GCash mobile app by clicking the Gcash icon as shown below.

Then input your MPIN (Mobile Personal Identification Number) to access your GCash account:

Once you are in the main panel of the GCash app, click the Pay Bills icon as boxed in yellow below:

On the Biller Categories, select Government as boxed in yellow below:

Then on the Government page, scroll down to find and select Pag IBIG option as shown below:.

On your Pag-IBIG payment details, select Housing Loan for Type. Input your Pag-IBIG Housing Loan Account number under Account No input. For amount, you can place your monthly amortization or any other additional for late payment. Then for Period coverage, select the months for covering your payment. If it is for single month, just place the due date on the both From and To coverage. If you want to receive details or notification about this transaction, you can input your email address. Then click Next button:

For confirmation of your transaction, kindly review and verify the details of your transaction. If everything’s correct, click the Confirm button at the upper right corner of the screen as shown below:

Then voila! Your Pag-IBIG Housing Loan payment is successful. Just click Done button to complete.

On the same day, GCash will send an SMS notification to GCash account you used to pay this transaction. The SMS message includes your reference no. and transaction fee (P5.00) similar as below:

After 2 working days, Pag-IBIG has sent me an acknowledgment receipt for this transaction. See below the SMS notification from PAGIBIGFUND:

Final Thought

GCash mobile app is really easy to use and convenient in paying my bills and other online payment. I personally use it in all my online transaction and I never had any experience of losing my money in my past transactions. I hope that the number of their merchant partners grows bigger to cover most of all online payments and transaction and becomes our standard digital wallet just like how Wechat is being used in China. This would be more convenient in our daily transaction most especially that banking institutions nowadays are setting to hike interbank ATM fees.

Now that you know how to pay using your GCash mobile app, check out our guide on how to Cash In to your GCash account using Metrobank app or BPI app here.

About Author

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chrisllorente@howbutingtingworks.com

https://www.howbutingtingworks.com