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Metrobank mobile app waives InstaPay fees until June 30, 2024

Local lender Metrobank announced that it is waiving InstaPay fees for transactions worth P1,000 and below until June 30, 2024 when using its new mobile app.

PesoNet, InstaPay transactions hit P5.37T in Jan-July 2022

The Bangko Sentral ng Pilipinas (BSP) said the combined value of PesoNet and InstaPay transactions went beyond P5.37 trillion during the first seven months of 2022, a 43-percent increase from the values recorded during the same period last year.

Landbank waives online fund transfer fees until June 30

The waiver of fees, previously extended only until March 31, 2021, covers online fund transfers facilitated through Landbank’s online banking channels via InstaPay and PesoNet.

Digitalization provided lift to Pinoys during pandemic, says BSP

Digitalization has benefited Filipinos especially during the pandemic, Bangko Sentral ng Pilipinas (BSP) governor Benjamin Diokno said on Friday, Feb. 19. In his speech during...

BSP eyes multiple daily PesoNet transactions clearing

BSP governor Benjamin Diokno said that if the multiple daily clearing of PesoNet transactions works smoothly, then the central bank will allow clearing for these transactions on weekends and holidays.

BSP bares digital payments transformation roadmap

The Bangko Sentral ng Pilipinas (BSP) has unveiled its Digital Payments Transformation Roadmap 2020-2023, which charts the central bank’s current initiatives and strategy in advancing a digital payments ecosystem.

PayMaya says fund transfer via InstaPay will remain free until Oct. 31

Sending money from PayMaya to PayMaya also remains free of charge.

Kiko: Suspend or lower online transaction fees until end of Covid pandemic

As some banks are set to resume collecting online transaction fees via InstaPay on Thursday, Oct. 1, Sen. Francis "Kiko" Pangilinan has asked the government to suspend or reduce these fees until the end of the Covid-19 pandemic.

GrabPay users can now transfer funds via InstaPay

Grab users can also transfer available funds from their GrabPay wallet to their bank accounts and e-wallets.

PH banks extending waiver of fees for PesoNet, InstaPay funds transfer

The BSP earlier said that volume of InstaPay transactions during the ECQ in Luzon from March 17 to May 12 rose by 84%, while PesoNet transactions grew by 24%.
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