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Filipinos sent more than ₱19T through InstaPay and PESONet in seven months
InstaPay and PESONet transactions reached ₱19.16 trillion in the first seven months of 2026 as digital transfers surged amid lower bank fees.
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Digital payments overtake cash transactions in the Philippines
Digital payments accounted for 64.7% of retail transactions by volume in 2025, marking a major shift in how Filipinos pay for everyday goods and services.
1 min read
News
BSP: Banking should be more accessible through cheaper digital transfers
The BSP says lower digital transfer fees could encourage financial inclusion, while other barriers such as connectivity, maintaining balances, and financial literacy also need to be addressed.
2 min read
News
HSBC Business customers can now transfer up to ₱500,000 via InstaPay
HSBC business customers can now send up to ₱500,000 per InstaPay transaction, giving companies more flexibility for payroll, supplier payments, and other business transfers.
1 min read
News
GCash is now accepted at 200+ Lawson branches. Here’s how to make every visit count
GCash is now available at more than 200 Lawson branches nationwide, letting customers pay digitally and cash in while potentially earning rewards on everyday purchases.
1 min read
Financial Literacy
The Philippines could shape the future of digital money in Southeast Asia
The Manila Tech Summit 2026 puts the Philippines at the center of ASEAN efforts to build a more connected, secure, and accessible digital economy.
2 min read
Financial Literacy
Filipinos sent ₱10.4 trillion through InstaPay and PESONet in four months
InstaPay and PESONet transactions reached a combined ₱10.388 trillion in the first four months of 2026 as digital payments continued to surge across the Philippines.
3 min read
News
Garmin Pay is now live in the Philippines — here’s what you need to know
Garmin Pay has launched in the Philippines, allowing eligible Visa cardholders to make contactless payments using compatible Garmin smartwatches.
3 min read
Advisories
Less fees? BSP's new circular changes electronic payments in 2026
BSP Circular No. 1238 introduces new pricing rules for electronic fund transfers and requires zero fees for payments received by qualifying micro-merchants.
4 min read
News
BSP unveils four major payment system upgrades
The BSP and PPMI announced four major payment system upgrades covering QR Ph, InstaPay Cash-In, InstaPay for Business, and Direct Debit PH.
1 min read
News
"One Philippines, One Payment Experience:" BSP just redefined how 60 million Filipinos send, load, pay
The BSP's "One Philippines. One Payment Experience." event introduced major upgrades that will change how Filipinos load e-wallets, pay bills, send money, and run businesses.
3 min read
Financial Literacy
More than half of every peso Filipinos spend is now digital
Digital retail payments now account for more than half of transaction volume and value in the Philippines, signaling a major shift toward cashless everyday spending.
1 min read