Mukhang maganda ang plano na i-connect ang Instapay sa iba't ibang payment system lalo na sa mga kapit bahay nating bansa.
The Bangko Sentral ng Pilipinas (BSP) has confirmed that the Philippines is making significant strides in linking up with Project Nexus, a standardized multilateral network designed to connect domestic instant payment systems globally.
According to Deputy Governor Mamerto Tangonan, the central bank is currently focusing on building and testing the system’s infrastructure. He also noted that the Philippines is advancing faster than some of its peers.
Tinatawag nila tong "Project Nexus".
What is Project Nexus
Initiated by the Bank for International Settlements (BIS) Innovation Hub, Project Nexus aims to standardize the way different countries’ instant payment systems “talk” to each other.
The Goal: To replace the complex web of bilateral agreements with a single, unified network.
The Target: Tangonan shared that the platform is expected to go live by mid-2027.
https://bitpinas.com/fintech/bsp-project-nexus-instapay/So antayin na lang nating matapos to at gumana. Sigurado maraming matutuwang mga kababayan natin na mahilig mag travel at mamili narin sa mga karatig bansa natin o kahit siguro mga OFW narin.
At ito ang mga bansang kasapi na umpisa (nakikita ko rin na pag nagtagumpay to, baka marami pa silang idag-dag dito).
| Country | Payment System | Description | Website |
| Philippines | InstaPay | InstaPay is a real-time electronic fund transfer service in the Philippines supported by the Bangko Sentral ng Pilipinas (BSP). It allows users to send money instantly between banks and e-wallets 24/7, making it widely used for quick bank transfers and online payments. | instapay.ph |
| Malaysia | DuitNow | DuitNow is Malaysia’s real-time payment network operated by PayNet. It enables instant transfers using mobile numbers, national ID numbers, bank account numbers, or QR codes, and is commonly used for peer-to-peer transfers and merchant payments. | duitnow.my |
| Thailand | PromptPay | PromptPay is part of Thailand’s National e-Payment initiative. It allows users to send and receive money instantly using a mobile number or national ID instead of a bank account number, and it is widely adopted for everyday digital payments. | promptpay.io |
| Singapore | PayNow | PayNow is a real-time payment service developed by the Association of Banks in Singapore (ABS). It allows instant bank transfers using a mobile number, NRIC/FIN, or UEN for businesses and individuals. | paynow.sg |
| Indonesia | BI-FAST | BI-FAST is a modern real-time payment infrastructure operated by Bank Indonesia. It provides fast, low-cost, and interoperable fund transfers between banks and financial institutions across the country. | bi.go.id |
| India | UPI (Unified Payments Interface) | UPI is one of the largest real-time payment systems in the world, operated by the National Payments Corporation of India (NPCI). It enables instant bank-to-bank transfers using UPI IDs, mobile numbers, or QR codes and is widely used for retail and online payments. | npci.org.in |
