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Manila Bulletin·3 min read·medium

BSP unveils InstaPay upgrade with ₱500,000 transfer cap for businesses

D
Derco Rosal
BSP unveils InstaPay upgrade with ₱500,000 transfer cap for businesses
AI Summary

The Bangko Sentral ng Pilipinas has increased the InstaPay transfer limit for businesses to ₱500,000 and introduced new digital payment initiatives. These updates aim to streamline commercial transactions and reduce reliance on manual banking processes.

Manila Bulletin - BSP unveils InstaPay upgrade with ₱500,000 transfer cap for businesses

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