Real-Time Low Value Electronic Fund Transfer System (InstaPay)

sys_ph_instapay

Operating since April 2018, InstaPay is the Philippines' instant retail clearing infrastructure under the National Retail Payment System. BancNet operates its clearing switch, while PhilPaSS settles net obligations, connecting rapid customer transfers with central-bank settlement.

TPV
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Transactions
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Operator

Markets

Markets connected to InstaPay, using the same four-metric model as the overview.

Schemes

Schemes connected to InstaPay.

Compliance

Regulator
No regulators have been mapped yet.
No regulations have been mapped yet.

Standards

No standards have been mapped yet.