Business Wise Platform

Wise Platform unlocks fast, transparent PHP remittances for partners with InstaPay and PESONet

Areson Cuevas
10.10.25
Read time 2 minutes

Fast, convenient remittances to the Philippines just became more accessible to financial institutions, businesses and their customers around the world.

That’s because Wise has just become the first global fintech to be fully integrated with both InstaPay and PESONet, in a move that uniquely positions the business within this corridor.

But what does this mean for our Wise Platform partners? We can now offer:

  • Real-time transfers up to ₱50,000 via InstaPay;
  • Significantly increased transaction amounts, up to ₱70 million;
  • Same-day processing for PHP payments under ₱450 thousand, on working days only.*

Why this matters: A $38 billion market

What makes this development particularly exciting is that PHP is one of the most significant inbound remittance markets in the world. In 2024 alone, remittances to the Philippines reached a transaction value of $38 billion USD. What’s more, Wise has an active customer base in the Philippines, as well as many partners whose customers regularly send payments to family, friends, or suppliers.

Our partners told us time and time again that they've struggled with slow, restricted PHP remittances and wanted to offer their customers a better payment experience. Now, thanks to our InstaPay and PESONet integrations, they can.

Why integrate with both InstaPay and PESONet?

So why integrate both InstaPay and PESONet? Rather than choosing between the two main Philippine payments systems, we integrated with both to give partners complete flexibility:

  • InstaPay: Perfect for your customers who need instant transfers up to ₱50,000. InstaPay supports real-time, low-value transactions 24/7 and is ideal for payments such as everyday expenses, paying freelancers, or sending money for meals and travel. This matters because freelance and gig economy workers represent a significant and growing market for PHP transfers.
  • PESONet: Built for your customers' larger financial obligations. PESONet supports larger payments, processing them in batches. This makes it ideal for substantial family remittances, property purchases, or tuition payments — eliminating the frustration of having to split large payments across multiple transactions.

Together, these integrations increase the daily limits and mitigate delays that have long frustrated our partners and their customers.

Speed and convenience

The results? Through our network, your customers can now send the amounts they actually need — whether that's ₱2 million for a property down payment or ₱500,000 for university tuition — all in a single, fast transaction.

These integrations have been so successful that we're now processing 12% of all inward personal PHP remittances going into the Philippines. This serves as a testament to the customer experience we're delivering for our partners, their customers, and our own.

Enhanced transparency

But that’s not all. As always, through Wise Platform, our partners and their customers benefit from transparent, mid-market exchange rates powered through our direct access, removing fees incurred through intermediaries.

But there's another key benefit of the InstaPay and PESONet integrations — the enhanced transparency they unlock:

  • Payment tracking: Direct access enables us to provide our partners and their customers with enhanced visibility, meaning they can track a payment on its journey to the recipient, and can offer their customers precise delivery times.
  • Resolving issues with speed: What’s more, with direct access to these payment systems we’re able to resolve any payment errors or stopped payments without the complexity of going through multiple intermediaries.

So our partners can give their customers the transparency they expect, while differentiating their services from the competition.

Ready to give your customers a better way to send money to the Philippines?

Learn more about Wise Platform and get started today.

Talk to the team

*Payments are processed Monday-Friday. Any payments over ₱450 thousand will take one working day.

*Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.

This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.

We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.

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