Asia market brief · Updated Oct 10, 2026
iGaming payments in the Philippines
GCash leads, and the market runs on local e-wallets, settling in PHP. 6 providers reviewed on this site reach a local rail.
6
Providers with a rail here
3
Local rails
PHP
Settles in
Quick info
- Currency
- PHP
- Region
- Asia
- Betting
- regulated
- Casino
- regulated
- Dominant rail
- Local e-wallets
- Providers
- 6 (0 direct)
- Regulator
- PAGCOR
The rule in the Philippines
Regulator, licensing and what it means for payments
PAGCOR licenses online gaming for players in the Philippines, and the country has banned offshore gaming since Executive Order 74 ended every POGO and internet gaming license by December 31, 2024. E-casino operators pay an effective 30% and other operators 20%. To stop operators from misdeclaring revenue, PAGCOR set a monthly Minimum Guaranteed Fee for online licensees in December 2025, delayed it twice and has applied it since July 1, 2026. The floor is PHP 9 million a month against a PHP 30 million monthly GGR benchmark for operators with e-casino games and PHP 3 million against PHP 15 million for operators without them, and each operator pays the floor or its regular percentage fee, whichever is higher. The floors rise to PHP 10.5 million and PHP 4 million on January 1, 2027, and they weigh hardest on smaller operators. GCash and Maya carry the deposits. Since August 16, 2025, neither wallet opens gaming sites from inside its app, and players fund PAGCOR-licensed accounts from the operator's own cashier.
Payment methods in the Philippines
The rails players reach for, in the order that matters locally
- GCashdominant
e-wallet
GCash is the default wallet for deposits and withdrawals, and a direct integration decides cost and approval rates.
- Maya (PayMaya)major
e-wallet
Maya is the number two wallet behind GCash. It is worth carrying for coverage, though GCash decides conversion.
- InstaPay / PESONet bank transfermajor
instant bank transfer
Central-bank rails, InstaPay real-time and PESONet in batches. The fallback when wallet limits bite, and the usual route for larger withdrawals.
Which providers reach these rails
6 of the providers rated here reach a local rail in this market
Aggregated or indirect
6Reached through open banking, an aggregator, a partner PSP or a wallet rather than through the provider's own local acquiring.
Access: Aggregated
Access: Wallet
Access: Via PSP
Access: Via PSP
Access: Aggregated
Access: Via PSP
What it costs to operate, and who enforces
Operator tax
License economics
Regulator
Markets with the same payment rails
Markets where players pay on the same kind of rail