Home GUIDE: How to use GCredit in Foodpanda?

GUIDE: How to use GCredit in Foodpanda?

guide how to use gcredit in foodpanda

Foodpanda has revolutionized the way we order food. With just a few taps on our smartphones, we can have food delivered to our doorstep in no time. And with the introduction of GCredit, ordering food on Foodpanda has become even more convenient. 

What is GCredit?

GCredit is a virtual credit line that can be used to pay for Foodpanda transactions, eliminating the need for cash or credit cards. The qualifying customers of GCredit can borrow money from Gcash to pay for goods, services, energy bills, and of course food orders from sites like foodpanda.

There is no set minimum Gscore to qualify for this GCredit option. They will provide you a credit limit with a certain amount once they have reviewed your good credit history.

Can I use GCredit in FoodPanda?

FoodPanda accepts GCredit as payment for orders. Just make sure you have enough balance and unlock GCredit first. The last step is to connect your FoodPanda account to your GCash account.



Setting up GCredit in Foodpanda

To use GCredit in Foodpanda, you first need to set it up in the app or website. Here are the steps to follow:

Step 1: Open the Foodpanda app

Step 2: Select your order via the Foodpanda app for iOS or Android. Select the restaurant and menu items on the Foodpanda app for iOS or Android.

Step 3: Choose GCash as Your Payment option. You will be asked to choose a payment option on the checkout page. From the available options, pick GCredit.



Step 4: Enter Your GCredit Details. After choosing GCredit as your payment option, you will be invited to do so. Enter the desired amount and then confirm the payment to charge your GCredit account.

Step 5: Confirm Payment. Foodpanda will display an overview of your order along with the total that will be deducted from your GCredit balance. To finish your order, double-check the information and approve the payment.

Tips for Using GCredit in Foodpanda

Here are some tips for using GCredit in Foodpanda:



Monitor your GCredit balance regularly: Make sure to check your GCredit balance regularly to ensure that you have enough funds to cover your orders. You can check your balance in the Foodpanda app or website.

Top up your GCredit account: You can top up your GCredit account anytime using the Foodpanda app or website. This will ensure that you always have enough funds to pay for your orders.

Use GCredit responsibly: GCredit has a credit limit, so make sure to use it responsibly and pay your dues on time to avoid penalties.

Take advantage of promotions and discounts: Foodpanda often offers promotions and discounts for GCredit users. Keep an eye out for these and take advantage of them to save money on your orders.

Know the limitations of GCredit: GCredit can only be used for Foodpanda transactions and not for other online or offline purchases. Make sure to have another payment method available if you need to make purchases outside of Foodpanda.

Keep your account secure: Protect your GCredit account by setting a strong password and enabling two-factor authentication. Don’t share your login details with anyone and avoid using public Wi-Fi when accessing your account.

FAQs

1. How much can I spend in total on FoodPanda?

In the foodpanda app, there is no cap on the quantity of food you may order, however there is one when utilizing the GCredit function of GCash.

Your credit limit ranges from P1,000 to P100,000 depending on your GScore and automatic increments.

2. How much is the interest if I pay using GCredit?

The interest rate for GCredit varies based on the user’s GScore and how quickly they pay their dues. It ranges from 1 to 7 percent, with an average of 4.5 to 5 percent. If the balance is paid on the same day as the transaction, there is no interest. If the payment is made on the 15th day, only half of the maximum interest will be charged, as the interest is divided into 30 days.

3. When can I use GCredit to pay my bill after placing a foodpanda order?

The due date for your GCredit balance is not predetermined, but Foodpanda has nothing to do with it. 15 days following the conclusion of the billing date that was given to you are the payment due date.

Depending on when you originally established your GCredit account, your billing cycle will be displayed on the GCredit website.

4. What happens if I forget to pay GCredit for the foodpanda order?

If you failed or forgot to make a payment to GCredit after the due date, you will be paying both Penalty and Interest Charges. The interest rate will be a fixed 5% of the unpaid principal amount.

Final Thoughts

It’s quick and easy to pay for your food orders on Foodpanda by using GCredit. With GCredit, you may take advantage of having a virtual credit line without going through the effort of applying for a conventional credit card. Give it a try today to improve your meal ordering experience!  – WhatALife!/Jayve

Sources: (1)(2)


Also read: GCash hides usernames to increase protection against text scams

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