Digital banking services provider CIMB Bank Philippines now offers InstaPay on the CIMB Bank PH app. Users can now easily transfer as much as P50,000 to and from their CIMB savings accounts […]
CIMB offers free transfers with InstaPay and PESONet
Tonik now offers fund transfers via InstaPay
Neobank Tonik has integrated the electronic fund transfer (EFT) service Instapay into its mobile app services. Customers can now send and receive real-time transactions for up to P50,000 to and from participating […]
UnionBank’s UPAY aims to simplify payment system for businesses
With more businesses going online and adopting digital payments, Union Bank of the Philippines (UnionBank) designed its UPAY for MSME offering to be as simple and as easy to use. Citing expensive […]
PayMaya gives instant cashback on Instapay transactions
Ongoing until Dec. 31, 2021, PayMaya is giving its app users instant cashback on their transaction fees for cash-ins or bank transfers when they use Instapay, an electronic fund transfer (EFT) service. […]
EastWest’s free InstaPay service extended until July 31, 2021
With more and more people adapting to digital transactions, universal bank EastWest is extending its free InstaPay service via EastWest Online and Mobile until July 31, 2021. With InstaPay, customers can transfer […]
PayMaya says bank transfer via InstaPay is still free until Oct. 31
To enable all Filipinos to continue availing of safe and convenient financial transactions, sending money from PayMaya to other banks and e-wallets via InstaPay will continue to remain free until Oct. 31, […]
PH payment management body says lockdowns spur rise in digital payments services
Based on the data of Philippine Payments Management, Inc. (PPMI), InstaPay recorded 29.53 million transactions for the period of March-May 2020, when several parts of Luzon are put in quarantine to combat […]
Banks, e-money providers urged to help consumers transition to e-payments
The Philippine Payments Management Inc. (PPMI) urged its members to continue helping consumers use online and mobile banking amid the continuing quarantines caused by the COVID-19 pandemic. “Banking should be available to […]
BSP notes rise in digital payments amid quarantine
The Bangko Sentral ng Pilipinas (BSP) recognizes the need for adopting contactless payments amid the highly contagious disease COVID-19. With more and more companies offering financial technology services, people are getting accustomed […]
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