PESOMAX Debit and Credit Cards — Limits, Fees & Settlement
Debit and Credit Cards is a Philippine payment rail — regulation: Bangko Sentral ng Pilipinas, citing the Manual of Regulations for Banks ahead of Republic Act No. 10870 and Circular No. 1003.
| Fact | Value |
|---|---|
| Operator | Visa and Mastercard's schemes serve international transactions, and BancNet serves domestic debit. Card issuance sits with individual BSP-supervised banks rather than with the networks |
| Regulator | Bangko Sentral ng Pilipinas, citing the Manual of Regulations for Banks ahead of Republic Act No. 10870 and Circular No. 1003 |
| Wallet limit | Not published |
| Per-transaction cap | Not published |
| Settlement | Not published |
| Figures as of | 2026-09 |
You’re looking at the Debit and Credit Cards payment rail on this page. This page leaves out anything specific to one operator’s cashier on purpose, and the reason for that is covered in the last section.
Debit and Credit Cards at a glance
| Field | Value |
|---|---|
| Operated by | Visa and Mastercard’s schemes serve international transactions, and BancNet serves domestic debit. Card issuance sits with individual BSP-supervised banks rather than with the networks |
| Regulated by | Bangko Sentral ng Pilipinas |
| Wallet limit | Not applicable to this rail |
| Per-transaction cap | Not applicable to this rail |
| Settlement | Not applicable to this rail |
| Published fees | Credit card interest and finance charges on revolving balances now top out at 36 per cent a year, equivalent to 3 per cent a month, following BSP Circular No. 1165 of 2023, which retired the 24 per cent cap set in 2020. A cap of a flat PHP 200 per transaction on cash advance processing fees comes from that same circular, which rules out any extra charge. Because the percentages usually quoted for merchant discount and interchange rates have no primary source, they go unmentioned here, with those rates instead settled commercially between acquirer and merchant outside any BSP cap. |
Don’t expect live numbers on this page — everything here dates to 2026-09. Limits and fees change at a payment provider’s discretion with no advance notice, so only that provider’s own page reflects the current numbers.
How Debit and Credit Cards addresses gambling transactions
A dedicated look found no Philippine-specific word from BSP, Visa, or Mastercard on gambling transactions. Gambling merchants industry-wide carry merchant category code 7995, a restricted classification needing explicit acquirer sign-off, and many issuing banks are reported to decline it automatically. Rather than a Philippine statement from the networks or the regulator, general payments explainers are where that description originates; its role here is limited to explaining a gambling-merchant card decline with no published rule behind it, not asserting a fact about Philippine cards.
Paying with Debit and Credit Cards at PESOMAX
- Log in to PESOMAX and head to the cashier.
- From the payment methods your cashier lists, select Debit and Credit Cards.
- Make sure the name on your PESOMAX account matches the name on your Debit and Credit Cards account.
- Give the cashier screen a once-over for the minimum, maximum and any fee, and only then lock in the amount.
Before you make a first deposit with any new method, check the cashier screen — it displays the live limits tied to your account.
FAQ
How do I pay with Debit and Credit Cards at PESOMAX?
After signing in, open the cashier and choose Debit and Credit Cards among the listed methods for your account. Before confirming, make sure the name matches across both accounts and review the limits the cashier displays.
How high does the wallet cap go for Debit and Credit Cards?
No wallet ceiling is published for Debit and Credit Cards, which is why this page quotes none.
Who regulates Debit and Credit Cards?
Debit and Credit Cards — regulation: Bangko Sentral ng Pilipinas, citing the Manual of Regulations for Banks ahead of Republic Act No. 10870 and Circular No. 1003. That covers the rail, not the casino.
How much time does Debit and Credit Cards typically require?
A settlement time for Debit and Credit Cards isn't published anywhere.
Other payment rails explained here
| Guide | What it covers |
|---|---|
| GCash | Regulatory oversight comes from Bangko Sentral ng Pilipinas, which licensed it as an Electronic Money Issuer |
| Maya | Bangko Sentral ng Pilipinas, registered there as an Operator of Payment System and also standing as an Electronic Money Issuer |
| InstaPay | Bangko Sentral ng Pilipinas, which governs it within the National Retail Payment System framework |
| PESONet | Bangko Sentral ng Pilipinas, through the rulebook of its National Retail Payment System framework |