3 Easy Ways to Transfer Money Within ShopeePay in Malaysia

If you are a Shopee user in Malaysia, you might have heard of ShopeePay, the built-in eWallet for Shopee. ShopeePay lets you pay for your online purchases, get cashbacks, and enjoy discounts and vouchers. But did you know that you can also use ShopeePay to send money to other ShopeePay users for free?

In this article, we will show you three easy ways to transfer money from your ShopeePay eWallet to another ShopeePay eWallet in Malaysia. Whether you want to split the bill with your friends, send a gift to your family, or pay for a service, you can do it with ShopeePay in just a few taps.

Method 1: Scan QR Code

One of the simplest ways to transfer money from ShopeePay to ShopeePay is by scanning the QR code of the recipient. Here’s how:

  1. Open the Shopee app on your phone and tap on the “ShopeePay” icon at the bottom.
  2. Tap on the “Scan” icon at the top right corner and scan the QR code of the person you want to send money to. You can also enter their phone number manually if you don’t have their QR code.
  3. Enter the amount you want to transfer and tap on “Confirm”.
  4. Enter your 6-digit PIN or use biometric authentication to complete the transaction.
  5. You will see a confirmation screen and receive a notification that the transfer was successful.

Method 2: Transfer via Phone Number

Another way to transfer money from ShopeePay to ShopeePay is by using the phone number of the recipient. Here’s how:

  1. Open the Shopee app on your phone and tap on the “ShopeePay” icon at the bottom.
  2. Tap on the “Transfer” icon at the top left corner and select “To Other E-wallet”.
  3. Select “ShopeePay” as the eWallet you want to transfer to and enter the phone number of the person you want to send money to.
  4. Enter the amount you want to transfer and tap on “Confirm”.
  5. Enter your 6-digit PIN or use biometric authentication to complete the transaction.
  6. You will see a confirmation screen and receive a notification that the transfer was successful.

Method 3: Transfer via DuitNow

A third way to transfer money from ShopeePay to ShopeePay is by using DuitNow, a service that allows you to transfer funds instantly and seamlessly between different banks and eWallets in Malaysia. Here’s how:

  1. Open the Shopee app on your phone and tap on the “ShopeePay” icon at the bottom.
  2. Tap on the “Transfer” icon at the top left corner and select “To Bank Account”.
  3. Select “DuitNow” as the transfer method and enter the DuitNow ID of the person you want to send money to. A DuitNow ID can be a phone number, an email address, an NRIC number, or a business registration number that is linked to an eWallet or a bank account.
  4. Enter the amount you want to transfer and tap on “Confirm”.
  5. Enter your 6-digit PIN or use biometric authentication to complete the transaction.
  6. You will see a confirmation screen and receive a notification that the transfer was successful.

Note: To use this method, you need to have a verified ShopeePay account and link it to DuitNow first. You can do this by going to “Me” > “Settings” > “ShopeePay” > “DuitNow”. You also need to make sure that the recipient has linked their ShopeePay eWallet to DuitNow as well.

Conclusion

Transferring money from ShopeePay to ShopeePay in Malaysia is easy, fast, and free with these three methods. You can choose whichever method suits you best depending on your preference and convenience.

However, be aware that there are some limitations and fees that may apply depending on how you reload your ShopeePay eWallet and how much you want to transfer.

According to ShopeePay’s new policy introduced in March 2023, reloads made from credit cards (both local and foreign) as well as balances from cashback are deemed non-transferable. This means that you can’t use them for P2P transfers or withdraw them to your bank account.

Only reloads made from local debit cards, bank accounts (online bank-in or DuitNow), and refunds from the marketplace, digital purchases, and foody credit are considered transferable. You can check your current transferable and non-transferable balance when you try to transfer your eWallet balance.

Also, ShopeePay has a monthly limit of RM5,000 for P2P transfers and a daily limit of RM2,000 for bank transfers. If you exceed these limits, you may incur a fee of 1% or RM0.50, whichever is higher.

For more information, you can check out ShopeePay’s FAQ page or contact their customer service.

We hope this article has helped you learn how to transfer money from ShopeePay to ShopeePay in Malaysia. Happy shopping and transferring with ShopeePay!

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