Nearly every bank has dropped their InstaPay fees from as high as P15 to zero

While the Bangko Sentral continues to push remaining banks and e-wallets to comply, a top official suggests consumers to take advantage of fee-less transfers and move their money…

'Of course, we expect compliance with the circular,' a top Bangko Sentral official says when asked whether e-wallets would eventually have to cut or restructure their transfer fees