u/DigitalBanksPH

JUST IN: UnionBank makes InstaPay transfers FREE starting July 7.

Union Bank of the Philippines customers can now send money to other local banks via InstaPay and PESONet with ₱0 transfer fees through UnionBank Online.

Also with ₱0 fees:
• UnionBank-to-UnionBank transfers
• Bills payments
• Telco load purchases
• In-store payments via QRPh

Another major bank joins the growing list of banks offering free fund transfers, making digital payments more accessible while helping Filipinos save on transaction fees.

JUST IN: Libre na ang InstaPay and PESONet transfers sa LANDBANK starting tomorrow, July 7!

Good news lalo na kung LANDBANK ang payroll account mo, especially sa maraming government employees. Mas madali nang mag-transfer ng funds sa ibang banks nang walang iisipin na transfer fee.

LOOK: May malaking upgrade na paparating sa LRT-2!

RCBC has teased that more seamless and contactless payment methods will soon be available on LRT-2.

Based on the teaser, this could expand support for:

💳 Credit, debit, and prepaid cards from different banks
📱 Mobile NFC payments like Google Pay (and maybe Apple Pay in the future? 👀)
💙 GCash-supported payment methods

The payment infrastructure will be powered by RCBC in partnership with Visa, supporting the country’s push for interoperable digital payments under the Bagong Pilipinas initiative, together with the Bangko Sentral ng Pilipinas, Department of Transportation, and Land Rail Transit Authority.

Wala pang full details sa rollout, pero isa itong interesting development na pwedeng magpalawak ng cashless payment options sa public transportation.

What do you think, commuters?

BSP is delaying approvals for four new digital bank applicants while it works to resolve differences in its existing regulations. The pause is meant to ensure that future digital banks operate under clearer and more consistent rules before new licenses are granted.

JUST IN: GCash Cuts InstaPay Transfer Fee to ₱10

Starting today, July 4, GCash has reduced its interbank InstaPay transfer fee from ₱15 to ₱10, making fund transfers to other banks and e-wallets a little more affordable.

GCash-to-GCash transfers remain free.

This comes as more banks lower transfer fees or offer free InstaPay transfers, making digital fund transfers more affordable for Filipinos.

Join the Digital Banks PH Community to stay updated on the newest bank promos, features, and fee changes.

JUST IN: Maya Lowers InstaPay Transfer Fee to ₱10

Starting Monday, July 6, Maya will reduce its interbank InstaPay transfer fee from ₱15 to ₱10, making fund transfers to other banks a little more affordable. Transfers to other Maya accounts remain free, while PESONet transfers also continue to be free.

This follows the recent trend of banks lowering or removing transfer fees, giving Filipinos more affordable ways to move their money.

Join the Digital Banks PH Community to stay updated on the newest bank promos, features, and fee changes.

Bangko Sentral ng Pilipinas (BSP) says more banks may soon offer ₱0 fund transfer fees. BSP Governor Eli Remolona Jr. said additional banks could remove or reduce transfer fees in the coming days, following the recent announcements from Bank of the Philippine Islands (BPI) and Rizal Commercial Banking Corporation (RCBC).

The BSP welcomed the growing trend, saying lower or even zero transfer fees can encourage more Filipinos to use digital payments and support financial inclusion. While no other banks have been named yet, the regulator expects more institutions to follow as competition continues to drive better services for consumers.

Follow Digital Banks PH and join the Digital Banks PH Community to stay updated on the latest bank announcements, promos, and digital banking news.

GCash BTS WORLD TOUR 'ARIRANG' Visa Card is officially priced at ₱750.

This limited edition, collectible Visa payment card features an exclusive BTS WORLD TOUR 'ARIRANG' design, is valid for 5 years, and can be used for both online and in-store purchases.

Orders open starting July 9 through the GCash app. There's no need to rush at exactly 12PM, as GCash has prepared enough cards for eligible fans and will continue accepting and fulfilling orders until June 30, 2027, while supplies last.

For more updates on digital banking, e-wallets, payment cards, and the latest promos, follow Digital Banks PH and join the Digital Banks PH Community.

#BTS_WORLDTOUR_ARIRANG_SPONSOR_Visa

Starting July 4, 2026, RCBC DiskarTech customers can enjoy unlimited free InstaPay transfers when sending money to other local banks, subject to the app’s daily transaction limit of ₱499,999.99.

In a separate update, RCBC Pulz also began offering 30 free InstaPay transfers per month with a minimum transfer amount of ₱100, giving RCBC customers more ways to enjoy free bank transfers.

Starting July 4, 2026, RCBC customers can enjoy ₱0 InstaPay transfer fees when sending money to other local banks through RCBC Pulz and DiskarTech app.

RCBC Pulz offers 30 free InstaPay transfers per month with a minimum transfer amount of ₱100.

Meanwhile, RCBC DiskarTech continues to offer unlimited free InstaPay transfers, subject to its daily transaction limit of ₱499,999.99.

BPI customers can now use eligible cards with Google Pay, making contactless payments easier with just an Android phone or compatible device. Apple Pay isn't available in the Philippines yet, but BPI says it's already prepared to support it once the service officially launches.

Cashless payments keep gaining ground as QR Ph now makes up 55% of payment volume among businesses, based on PayMongo's midyear 2026 data.

The shift shows more Filipinos and businesses are embracing one QR code that works across participating banks and e-wallets for faster, simpler transactions.

Game-changer talaga sa karamihan ang free bank transfers! 💸

Here’s our updated free transfer guide, kasama na rin ang InstaPay transfer fees ng ilan sa mga major banks at e-wallets. Transfer fees currently range from ₱5 to ₱20, kaya malaking tipid kung alam mo kung saan libre and mababa ang fees.

Mas preferred pa rin ng marami ang InstaPay dahil real-time ang pasok ng pera, 24/7. Except syempre kapag may scheduled maintenance, kaya ugaliing mag-check ng bank advisories bago mag-transfer ha.

Kayo, ano ang gamit nyo pang-transfer? Share your go-to bank or e-wallet sa comments! 👇🏻

Follow Digital Banks PH and join the Digital Banks PH Community for more useful banking tips, updates, and money-saving guides ✨

BPI banking services, pwede na ring gawin sa mga partner drugstores, supermarkets, at convenience stores!

Starting July 1, 2026, pwede nang mag-open ng BPI account, mag-cash deposit, at mag-cash withdrawal through participating partner stores.

Pinalawak ng BPI ang access to banking services through a network of over 7,000 partner stores nationwide, kabilang ang select drugstores, supermarkets, at convenience stores.

Sa lahat ng partner stores, available ang account opening at applications for eligible BPI products, habang ang cash deposits at withdrawals ay available na sa 1,370 participating partner stores.

Ayon sa BPI, the initiative aims to make basic banking services more accessible, especially for Filipinos na walang madaling access sa physical bank branches.

#BPI #DoMorewithBPI #MayBPIDito

CONFIRMED: Libre na ang BPI bank transfers 🤯

Starting today, July 1, 2026, BPI now charges ₱0 for both InstaPay and PESONet transfers made through the BPI app.

No more paying transfer fees when sending money to other banks and e-wallets. A welcome update for anyone who regularly moves funds online.

Will this make BPI your go-to bank for transfers? 💬

The Bangko Sentral ng Pilipinas released a new framework to help protect customers, reduce risks, and keep AI use fair, transparent, and accountable as more financial services adopt the technology.

You can now add your PalawanPay Visa Virtual Card to Google Wallet and use Google Pay for quick and easy tap-to-pay transactions at supported merchants.

PalawanPay is the official e-wallet of Palawan Group of Companies, the trusted name behind Palawan Pawnshop and Palawan Gold. The app lets you send and receive money, pay bills, buy load, and make cashless payments from your phone.

Planning to use GoTyme Bank’s MoreTyme Get Cash? Here’s a simple example.

Let’s say you borrow ₱10,000.

You’ll receive ₱9,301 in cash upfront after the 6.99% processing fee (₱699) is deducted.

If you choose the 4-month repayment option, you’ll pay ₱2,699 per month, for a total repayment of ₱10,796.

In short:

🏦 Cash you receive: ₱9,301
📅 Total you’ll repay: ₱10,796
💰 Total cost of borrowing: ₱1,495

The ₱1,495 includes:
• ₱699 one-time processing fee
• ₱796 installment fees over 4 months

Always check how much you’ll actually receive and how much you’ll repay in total before confirming any credit-to-cash transaction.

Illustration only based on the sample fee structure shown in the GoTyme Bank app. Actual offers may vary per user.

GoTyme Bank has started rolling out “Get Cash”, a new feature that lets eligible MoreTyme users convert a portion of their available credit limit into cash and have it transferred directly to their GoTyme Bank account.

Users can choose how much to cash out and select their preferred repayment term. Just note that processing fees and installment fees apply, so it’s important to review the total cost before confirming the transaction.

The feature is currently in early access, so it may not be available to all Gotyme Bank users yet.

Have you already received access to Get Cash? Let us know in the comments.

BREAKING NEWS: Starting July 1, BPI will permanently remove InstaPay and PESONet transfer fees across the BPI app, BPI Online, VYBE, and BizKo, according to a report by InsiderPH.

This means you can transfer funds to other banks and e-wallets for free, making everyday banking more convenient and affordable. The initiative is expected to benefit over 9 million enrolled BPI app users and supports the Bangko Sentral ng Pilipinas’ push for wider digital payment adoption and fairer electronic fund transfer pricing.

This is a huge win for customers who regularly send money using InstaPay and PESONet.

Source: Daxim L. Lucas | InsiderPH