Philippines
Accept Payments in Philippines with Local Methods & Stablecoins
One integration to accept eWallets, bank transfers, cards, and stablecoins all in one place. Send and receive money your way, with the flexibility to choose what works best.
Philippines is a massive, fast-growing digital economy
The Philippines is rapidly shifting to digital payments, with GCash dominating at 89% wallet market share
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Population
13th largest in the world
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E-commerce volume
Annual GMV in 2025
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Internet users
74% internet penetration rate
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Online shoppers
Growing 20% YoY
What are payment method trends in
Philippines
Discover variety of payment options in Philippines
Wallets
Money that lives in the app
Bank Transfer
Move money directly from bank to bank
QR
One scan, any bank, any wallet
Mobile Money
Financial access through mobile networks
Frequently Asked Questions
What is Philippine peso (PHP)?
Philippine peso (PHP) is the official currency used in Philippines. It is commonly used for domestic payments, business transactions, and cross-border transfers.
How can businesses send money in Philippine peso with TransFi?
Businesses can send PHP through TransFi using local payment methods, bank transfers, or stablecoin-powered settlement, ensuring faster payouts and predictable delivery.
How can businesses receive Philippine peso payments?
Businesses can collect PHP using local payment methods preferred by customers in Philippines, improving success rates and customer trust.
How fast are Philippine peso transactions processed?
Transaction speed depends on the payment method used, but TransFi enables faster settlement through local rails and stablecoin infrastructure, often within minutes.
What payment methods are available for Philippine peso?
TransFi supports a range of payment methods for PHP, including bank transfers, wallets, real-time payment systems, and other local options based on the market.
Is it safe to transact in Philippine peso with TransFi?
Yes. TransFi follows global compliance standards, including KYC/KYB, transaction monitoring, and secure infrastructure to ensure safe and reliable payments.
Does TransFi support currency conversion to and from Philippine peso?
Yes. Businesses can convert PHP to other currencies or stablecoins with transparent pricing and predictable settlement timelines.
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