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[E-LOADBIZ ADVISORY] New Smart Money Fees for Loadwallet Replenishments

To all partner retailers of e-LoadBiz:  Due to the following service notice by Smartmoney / SmartPadala regarding the fees of sending and receiving money transfer transactions:

Effective January 1, 2016, Smart Money MasterCard cardholders will be charged the corresponding fees when sending and receiving money transfer transactions. The transfer fee will be P5.00 for the first Php 1,000 and Php 2.50 per additional increments of P500.
Please be advised that starting April 12, 2016, e-LoadBiz will start to implement charging an additional fee for every loadwallet replenishments thru Smartmoney.

Please see the table below for the rate of charge fees:



For example, you want to replenish P200 loadwallet thru Smartmoney, you will have to send P200 + P5.00 charge = P205.

For P2,800 loadwallet replenishment,  you will have to send P2800 + P15.00 charge = P2,815.

If you have questions / clarifications, please leave a message on our Facebook page: e-LoadBiz.

Tip: To avoid additional charges for loadwallet replenishments and to maximize your earnings, you can replenish your loadwallet thru BPI (no interbranch fees) or make use of online banking or mobile banking of BDO and BPI.  You can also opt to replenish directly from LoadCentral because the provincial interbranch charge for bank deposits has been already waived (meaning no additional charges).

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