#InstaPay Philippines

Metrobank has announced a significant reduction in its InstaPay transfer fees, introducing a new flat rate of ₱8 per transaction beginning February 1, 2026. Previously, Metrobank charged ₱25 per InstaPay transfer, although the bank had waived fees for transactions worth ₱1,000 and below over the past year. With the new pricing structure, all InstaPay transfers—regardless of amount—will now carry the ₱8 service fee, simplifying costs for users. Bank of the Philippine Islands (BPI) has decreased its InstaPay interbank transfer fee to Php10, but for a limited time only. Apple Pay is now available in the Philippines. Here's the full text of the announcement from Apple: Today, Apple announced users in the Philippines can now make purchases using Apple Pay with their iPhone, Apple Watch, iPad, and Mac. Starting today, thousands of in-store and online merchants in the Philippines will accept Apple Pay, with support from some of the country’s most established banks, across major credit and debit networks. “The Philippines is home to a digital-first generation that is rapidly embracing a vision for a cashless future, all while expecting security and privacy at every step,” said Jennifer Bailey, Apple’s vice president of Apple Pay and Apple Wallet. Read more in our articles including "Metrobank cuts InstaPay transfer fee to ₱8 flat starting February 1" and "BPI InstaPay transfer fee down to ₱10".