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InstaPay QR is a key feature of InstaPay, a real-time electronic fund transfer service in the Philippines. This system streamlines bank transfers between banks and e-wallets through a standardized QR code. By simplifying transactions, InstaPay QR delivers a seamless payment experience for both businesses and consumers, driving convenience and fostering greater financial inclusion across the country

Method
InstaPay (QR Ph)
LPM Market Share
16%
Payments
Yes
Refunds
Yes - full and partial refunds (automated)
Type
Bank Transfer
Local Card Scheme
Users
19M
Disbursements
Yes
Yes
Chargebacks
$25.00
$25.00
Authorization currency
PHP
Authorization
speed
Instant
Recurring
No
No