About
InstaPay is the Philippines' real-time interbank transfer system for payments of up to PHP 50,000 each, launched on 23 April 2018 as an automated clearing house under the Bangko Sentral ng Pilipinas' National Retail Payment System. Users send pesos from a bank or e-money app to an account or e-wallet at any participating bank or e-money issuer, and funds arrive in real time, 24/7. It is governed by the BSP-regulated industry body Philippine Payments Management Inc. (PPMI) and is the foundation of QR Ph, the national QR code standard for person-to-person and merchant payments. In 2025 InstaPay carried 4.66 billion transfers worth PHP 11.55 trillion, per BSP data.
Official site →Countries
