PESONet on PDAX
- Our rating
- 4.0
- Offered in
- 1 country
- Type
- Domestic bank rail
- Rail reviewed
- 2026-08-18
- Review updated
- 2026-08-23
Yes. PDAX takes PESONet in Philippines. Payments clear in batches across three settlement cycles and credit the same banking day if sent before a cut-off, otherwise the next banking day. By reach it is second of the 3 rails on our record for PDAX; InstaPay is offered in more countries.
What PESONet is
PESONet is the Philippines' batch electronic fund transfer scheme, launched in November 2017 under the Bangko Sentral ng Pilipinas' National Retail Payment System and administered with Philippine Payments Management Inc. It moves pesos between accounts at BSP supervised banks and e-money issuers, and the BSP describes it as the electronic replacement for the paper cheque. It is the higher value counterpart to InstaPay, which is real time but capped at 50,000 pesos per transaction.
- Speed
- Payments clear in batches across three settlement cycles and credit the same banking day if sent before a cut-off, otherwise the next banking day.
- Cost of the rail
- Fees are set by each sending bank or e-money issuer rather than by the scheme, so they vary by institution and channel.
- Limits
- PESONet sets no scheme-wide minimum or maximum, so any per transaction or daily cap comes from the sending institution.
Where PDAX offers PESONet
Each country opens the PDAX page for that market, with its rank there and every rail it takes. The number is PDAX's rank in that country's guide.
Asia (1)
PhilippinesWhat PESONet costs on PDAX
Peso funding through InstaPay and PESONet bank transfers, and through the GCash wallet via the GCrypto integration.
Other ways to pay on PDAX
2 other rails at least one country we rank PDAX in uses, widest reach first.
Frequently asked questions
Does PDAX accept PESONet?
Yes, in Philippines. By reach it is second of the 3 rails on our record for PDAX; InstaPay is offered in more countries. Support is decided market by market, so the country pages linked here are the exact list.
In which countries can I use PESONet on PDAX?
Philippines, from our country guides reviewed between 2026-08-23 and 2026-08-23.
How long does a PESONet deposit take on PDAX?
Payments clear in batches across three settlement cycles and credit the same banking day if sent before a cut-off, otherwise the next banking day. That describes the rail itself; PDAX may hold a first deposit for longer while it verifies your account.
What does PESONet cost on PDAX?
Fees are set by each sending bank or e-money issuer rather than by the scheme, so they vary by institution and channel. On PDAX's side: Peso funding through InstaPay and PESONet bank transfers, and through the GCash wallet via the GCrypto integration.
Are there limits on PESONet deposits?
PESONet sets no scheme-wide minimum or maximum, so any per transaction or daily cap comes from the sending institution. Any limit PDAX applies on top is set per account tier and shown inside the platform.