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PESONet, introduced by the Philippine Payments Management Company (PPMC) as part of the National Retail Payment System (NRPS) initiative, allows individuals and businesses to transfer funds for various purposes, such as paying bills, purchasing goods, or sending money to others.

Method
PESONet
LPM Market Share
n/a
Payments
No
Refunds
Yes - full and partial refunds (automated)
Type
Bank Transfer
Local Card Scheme
Users
n/a
Disbursements
Yes
Yes
Chargebacks
$25.00
$25.00
Authorization currency
PHP
Authorization
speed
Instant
Recurring
No
No
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