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GCash vs Nagad
GCash and Nagad are both payment receiving platforms. On a $1,000 payment you keep about $980 on GCash and $988.50 on Nagad, before withdrawal or currency-conversion costs.
Updated · from each platform’s published fees and payout terms · how we verify
Key differences
- On a $1,000 payment you keep about $980 on GCash and $988.50 on Nagad, before withdrawal or currency-conversion costs.
- Both pay out via Bank transfer. Only GCash offers Cash agents. Only Nagad offers Agent cash-out.
- GCash is the older platform — founded in 2004, 14 years before Nagad (2018).
- GCash is based in Philippines, Nagad in Bangladesh.
Which should you choose?
Choose GCash if…
- You want to withdraw via Cash agents.
- You prefer a long track record (since 2004).
Choose Nagad if…
- Keeping more of each payment matters most — its fee is lower.
- You want to withdraw via Agent cash-out.
Side by side
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GCash
The Philippines dominant mobile wallet - receive payments by number or QR, with bank cash-out and heavy freela…
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Nagad
A major Bangladeshi mobile financial service for receiving payments and cash-out.
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|---|---|---|
| Type | Payment receiving like Payoneer | Payment receiving like Payoneer |
| Category | Payments | Payments |
| Vetted | No | No |
| Work from home | Yes | No |
| Fees | Free in-app transfers, ~2% agent cash-out | Cash-out ~1.15% via app |
| Minimum payout | No minimum for InstaPay bank transfers, PHP 10 fee each | — |
| Payout speed | Real-time bank transfer via InstaPay | At a Nagad agent, after you enter the amount and your PIN in the app or by dialing *167# |
| Withdraw via | Bank transfer, Cash agents | Agent cash-out, bank transfer |
| Availability | Philippines | Bangladesh |
| Local to | Philippines | Bangladesh |
| Founded | 2004 | 2018 |
| Headquarters | Taguig, Philippines | Dhaka, Bangladesh |
| Popularity | 43 views · 0 likes | 45 views · 0 likes |
Frequently asked questions
Which is cheaper, GCash or Nagad?
On a $1,000 payment you keep about $980 on GCash and $988.50 on Nagad, before withdrawal or currency-conversion costs.
How fast do GCash and Nagad pay out?
GCash: Real-time bank transfer via InstaPay. Nagad: At a Nagad agent, after you enter the amount and your PIN in the app or by dialing *167#.
Where are GCash and Nagad available?
GCash: Philippines. Nagad: Bangladesh.