PESONet, InstaPay payments hit P341B

Electronic payment (e-payment) transactions coursed through the automated clearing houses of the Bangko Sentral ng Pilipinas’ (BSP) National Retail Payments System surged to P340.9 billion as of June this year.

Data provided by BSP Governor Benjamin Diokno showed on Tuesday that PESONet transactions were valued at P240.6 billion, 356 percent up from the P52.76-billion transactions posted when PESONet was launched in November 2017.