Question... naka lagay ba sa terms of use nila na dapat laging active ang account? ....snipped....
Probably wala ito sa terms and services nila since crypto wallet ang inooffer nila pero dahil may regular KYC ang wallet nula kaya dapat ay gamitin mo ang wallet mo at least a year para mag update ng KYC since requirements ito ng government para matrack lahat ng user nila.
....snipped.....
Nag announce pala ang coins.ph last year na magsisimula na silang mag deduct ng 15 pesos per month starting January 30, 2023 sa peso balance ng mga users kapag walang activity ang account for at least 12 months.
Ngayon ko lang nalaman
buti pala nagsearch ako dahil sabi ng AI ni microsoft, ganyan din pala ang terms ng GCash and Maya... Kaya, yeah, pa-kyc pala talaga ulit ng paulit ulit, taon taon Quote
GCash’s terms and conditions state:
“GCash may charge dormancy maintenance fees to GCash Wallets that have not been used for any monetary transaction at least six (6) months from date of the last transaction. The maintenance fee shall be automatically debited from the User’s Wallet… GCash Wallets that remain inactive for six (6) months and with zero balance shall be automatically deactivated without further notice. (Dormancy fee ₱50).”
Maya’s terms and conditions state:
“In case of dormancy, the Account may be zeroed out as a result of fees charged. In this case, PayMaya shall have the discretion to close or purge the account in accordance with the applicable laws, rules and regulations. (dormancy fee (1% of the balance with a maximum ₱ 30.00/month)”
“GCash may charge dormancy maintenance fees to GCash Wallets that have not been used for any monetary transaction at least six (6) months from date of the last transaction. The maintenance fee shall be automatically debited from the User’s Wallet… GCash Wallets that remain inactive for six (6) months and with zero balance shall be automatically deactivated without further notice. (Dormancy fee ₱50).”
Maya’s terms and conditions state:
“In case of dormancy, the Account may be zeroed out as a result of fees charged. In this case, PayMaya shall have the discretion to close or purge the account in accordance with the applicable laws, rules and regulations. (dormancy fee (1% of the balance with a maximum ₱ 30.00/month)”
Source: https://bitpinas.com/news/coins-ph-to-charge-15-per-month-for-inactive-accounts/