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◆ClearingPost

InstaPay

FPS

Philippines' instant payment system. 24/7/365. Max PHP 50,000 per transaction. Under 20 seconds settlement. Designated as Prominently Important Payment System (PIPS) by BSP. Used for remittances, e-commerce, P2P, and mobile wallet top-ups. Operated by BancNet as Clearing Switch Operator.

NowHours: computing from the published schedule…Service condition: not monitored details

ClearingPost does not assess whether InstaPay is running normally.

Next

Dated items ClearingPost holds, each with its source and whether the date is confirmed

No supported upcoming items in ClearingPost's records for InstaPay.

ClearingPost holds sourced upcoming items for 16 of 150 systems; an empty list is a statement about ClearingPost's records, not about a system's plans.

Changed

Material, sourced changes ClearingPost recorded; corrections to its own record are labelled as such

No substantive change recorded for InstaPay in ClearingPost's change records.

The full activity log for this system, including context notes, is on the Changes page.

Sources ClearingPost reads BSP / BancNet · Authoritative (T1); PCHC / BSP · Authoritative (T1) · 9 of 16 fields carry a source and a recorded date · latest sourced entry recorded 16 Apr 2026 · evidence details ↓

Record · InstaPay

Country
Philippines (PH)
Currency
Philippine Peso (PHP)
Operator
BancNet / BSP
Type
FPS
Operating Window
24/7/365
Year Established
2018
Tier?
Tier 1
ISO 20022?
Native
Region
Asia-Pacific
Settlement Type?
Net
Participants
93 (22 banks, 20 thrift banks, 18 rural banks, 5 digital banks, 28 EMIs)
Avg Daily Transactions
~12.8M
Avg Daily Value
~PHP 31.7B
Availability
24/7/365
Notes

CBUAE and Bangko Sentral ng Pilipinas (BSP) signed MoU to link UAE's Aani and Philippines' InstaPay for cross-border instant payments. Source: ClearingPost published article.

Reference Sources
BSP / BancNet
Authoritative (T1)Entry recorded Mar 12, 2026
PCHC / BSP
Authoritative (T1)Entry recorded Mar 14, 2026

Operations · InstaPay

Operational monitoring: not configured. ClearingPost does not monitor operational sources for this system and does not assess its current service condition.

Operations lists the systems ClearingPost monitors and the operational events it has recorded.

Intelligence for InstaPay (2)

Coverage whose headline or summary names InstaPay, or names its operator or country together with its system type. Each item quotes that evidence and says whether the source is the InstaPay operator or external.