Digital payments via InstaPay, PESONet surged 43% in January ’26

MANILA, Philippines – The shift toward digital and cashless transactions accelerated at the start of 2026, as transactions through InstaPay and PESONet skyrocketed in January. Data from the Bangko Sentral ng Pilipinas (BSP) showed that the combined value of transactions through the two automated clearing houses spiked 43 percent from a year earlier to P2.58