Transaction volume of InstaPay Philippines 2019-2024

Published by
Christy Balita,
Apr 23, 2025

The volume of InstaPay transactions in the Philippines surged between 2019 and 2024. From a total transaction volume of about 34 million, this figure rose to roughly 1.41 billion in 2024. 

InstaPay is an electronic fund transfer service that allows customers to transfer funds instantly to participating banks, mobile wallet operators, or electronic money issuers.

Total volume of InstaPay transactions in the Philippines from 2019 to 2024 (in millions)

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Release date

April 2025

Region

Philippines

Survey time period

2019 to 2024

Supplementary notes

Figures have been rounded.

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Topics

Digital payments in the PhilippinesBanking in the PhilippinesE-commerce in the PhilippinesMobile apps in the PhilippinesCybersecurity and cybercrime in the Philippines
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