Cash remittances reached $3.03 billion in August, the lowest monthly level in three months, as the peso weakened and global uncertainties weighed on overseas Filipino workers.
2 min read
Finance Secretary Frederick Go wants international remittance fees lowered to around 2%, aiming to help OFWs send more money home as August remittances dip.
2 min read
The Department of Finance discussed a possible Philippine presence with Revolut, as the government seeks cheaper cross-border transfers and more accessible digital financial services for OFWs.
1 min read
Consumers who mistakenly send money to the wrong e-wallet number can seek its return through the recipient, their e-wallet provider, and the BSP.
2 min read
InstaPay and PESONet transactions reached ₱19.16 trillion in the first seven months of 2026 as digital transfers surged amid lower bank fees.
1 min read
InstaPay transaction volume surged from 99.4 million to 693 million in two years as Filipinos rapidly shifted toward real-time digital money transfers.
1 min read