Philippines
Payment gateway for the Philippines
Boldrails is a licensed payment gateway provider that lets businesses accept payments in the Philippines: GCash, Maya, QR Ph, cards, bank transfer and crypto, through one API, with PHP and USD payouts and settlement in fiat or crypto. We serve high-risk and high-volume merchants, including forex, crypto, e-commerce and licensed iGaming, that local processors often decline.
- GCash, Maya, QR Ph, cards and crypto
- PHP, USD or crypto settlement
- Collections and mass payouts
- Built for high-risk verticals
Last updated: June 16, 2026
How to start
How to accept payments in the Philippines
To accept payments in the Philippines, you register your business (DTI for sole proprietors or SEC for corporations), get your BIR Certificate of Registration (Form 2303), apply to a licensed gateway, complete KYB, then collect through GCash, Maya, QR Ph, cards, bank transfer or crypto and settle in PHP, USD or crypto. Boldrails provides this gateway directly as a licensed principal. We hold the licences and run the whole flow, so you deal with one provider, not a chain of them.
Here is how a Philippine business goes live with us:
- 1
Register your business with DTI or SEC and get your BIR Form 2303.
- 2
Apply through Boldrails and complete KYB so we can issue your live keys.
- 3
Get your API keys, or generate a no-code payment link or plugin.
- 4
Test the full flow in our sandbox.
- 5
Go live and settle in PHP, USD or crypto.
A DTI or SEC registration and a BIR Certificate of Registration (Form 2303) are needed for full card and international acceptance. In the Philippines, payment providers operate under the Bangko Sentral ng Pilipinas (BSP) and the National Payment Systems Act. Want to read the rules yourself? Start at the Bangko Sentral ng Pilipinas.
Methods & pricing
Local payment methods in the Philippines
Filipino customers pay with the wallets and rails they already use every day. We take all of them through one integration, then settle the funds to you.
| Method | What it is | Settles as |
|---|---|---|
| GCash | The most-used e-wallet in the Philippines | Fiat or crypto |
| Maya | Popular e-wallet and bank-backed payment app | Fiat |
| QR Ph | The BSP-standard interoperable QR, scanned across wallets and banks | Fiat |
| Cards (Visa, Mastercard, JCB) | Local and international card payments | Fiat or crypto |
| InstaPay / PESONet | Real-time and batch bank transfers under the BSP clearing houses | Fiat |
| Online banking | Direct debits from BDO, BPI, UnionBank and more | Fiat |
| Over-the-counter cash | Cash payments at 7-Eleven, Bayad, ECPay and pawnshops | Fiat |
| BNPL | Buy-now-pay-later through providers like BillEase | Fiat |
| Crypto | Stablecoin and crypto collections | Crypto or fiat |
Per 2026 data from PhotonPay and Wise, Filipino shoppers reach for GCash, Maya and QR Ph long before an international card, and card penetration stays low. Accept wallets, QR Ph and over-the-counter cash, and more carts clear. Miss them and you lose the sale.
For context, here is public provider pricing in the Philippines, by source:
- PayMongo: QR Ph 1.34%, GCash 2.23%, domestic cards 3.125% + ₱13.39, plus a ₱349 per month Storefront fee (paymongo.com, June 2026).
- Maya Business: about 3.5% on cards and 1.5% on QR Ph and Maya QR (Wise, November 2025).
- HitPay: ₱0 setup and ₱0 monthly fee, per-transaction pricing only (hitpayapp.com, May 2026).
- Xendit: cards about 3.2% + ₱10, GCash 2.3%, QR Ph 1.4% (Wise, November 2025).
Check each rate on the provider's own pricing page before you bank on it. Our pricing works differently. We quote you: send us your volumes and we price your rate through Get started, so there is no published flat MDR. And every card transaction we handle runs on PCI DSS controls.
Settlement & payouts
Payouts and settlement in PHP
We settle in PHP and USD, and we disburse at scale. One engine handles both sides. Money comes in through collections; money goes out through mass payouts, to many recipients in a single call. Most Philippine processors focus on collecting. Maya offers corporate disbursement, but as a separate enterprise product, and even pan-SEA providers tend to quote bulk payouts through sales.
Cross-border merchants lose value when funds are force-converted through intermediary rates at settlement. We settle in multiple currencies and in crypto, so you choose when and at what rate you convert.
Settlement timing depends on the rail. The Philippine norm is next business day, or T+1 to T+2. We confirm your schedule during onboarding.
- One platform for collections and mass payouts.
- PHP, USD or crypto settlement.
- Bulk disbursement to suppliers, partners or creators.
Who it's for
Who Boldrails is for in the Philippines
We are built for the businesses other gateways turn away. High-risk and high-volume merchants are our core, not an edge case we tolerate.
- Forex and CFD brokers
- Crypto businesses and exchanges
- E-commerce, SaaS and marketplaces
- iGaming and betting operators licensed by PAGCOR
- High-volume platforms processing at scale
iGaming in the Philippines is regulated by PAGCOR, which licenses domestic operators; offshore gaming operators were banned in 2024. We name licensed iGaming only as an accepted vertical, at a capability level, and confirm the details for your business when you apply. We compete in the high-risk lane as a licensed principal: we provide collections, settlement and mass payouts directly, including for businesses that local processors decline.
Compare
How Boldrails compares
Each Philippine gateway has a strong suit:
- PayMongo: developer experience, popular with startups, Philippines-only.
- Maya Business: omni-channel online and in-store, BSP-regulated.
- HitPay: zero monthly fee and 50-plus payment methods.
- Dragonpay: deep over-the-counter cash reach for unbanked buyers.
- Xendit: pan-Southeast-Asia scale.
Boldrails is the choice when you need high-risk acceptance, including PAGCOR-licensed iGaming, crypto and fiat settlement, and mass payouts under one licence. We also bring emerging-market rail breadth (M-Pesa, MTN MoMo, PIX, QRIS) that Philippines-only providers do not offer. Been declined or frozen somewhere else? Talk to us.
Get started
Getting approved with Boldrails takes four steps. Apply, complete KYB (you need DTI or SEC registration and your BIR Form 2303 for live keys), integrate the API or a no-code link, then go live with PHP, USD or crypto settlement. We price your rate by volume, market and vertical.
FAQ
Frequently asked questions
Last updated: June 16, 2026