Market guide · Asia-Pacific
Selling in Philippines
Card ownership is low, so wallets such as GCash and Maya carry much of online commerce. Cash on delivery is still widely used for marketplace orders.
| Currency | Philippine peso (PHP) |
|---|---|
| Languages | Filipino, English |
| Region | Asia-Pacific |
| Local acquiring | Cross-border for now |
| Settlement | T+3 |
| Payout rail | InstaPay · Seconds, 24/7 |
| Import consumption tax | VAT · 12 % |
Popular payment methods
Share of online payments by method. Illustrative figures.
| GCash | 45 % (45% of online payments) |
|---|---|
| Visa, Mastercard, Amex | 30 % (30% of online payments) |
| GrabPay | 8 % (8% of online payments) |
How to launch in Philippines
- 1Open a sandbox accountTest every flow for Philippines with test cards and methods before you sign anything.
- 2Turn on local methodsStart with GCash, GrabPay.
- 3Process cross-borderWe process Philippines cross-border today. Smart routing still retries soft declines.
- 4Settle in your home currencyPayments convert at a published margin before settlement.
- 5Check import rulesConfirm how VAT is collected on your goods before your first shipment.
- 6Go liveVerify your business, switch your keys and watch the first orders arrive.
Duties and import tax
VAT at 12 % applies to most imported goods.
Thresholds: Duty-free threshold for low-value parcels
Regulatory notes
- The central bank supervises e-money issuers and sets limits on wallet balances.
- Foreign digital service providers are being brought into the VAT system.
Placeholder notes for the prototype, not legal advice.
Customer story nearby
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Aiko Tanaka, Payments Lead Read the story: Lumen Games
Other markets in Asia-Pacific
Launch in Philippines
Try the Philippines flow in the sandbox, or talk to us about your rollout.