Key Insights
- The national QRPh standard, along with stablecoins like USDT and USDC, allows crypto payments at hundreds of thousands of merchants.
- Regulated players like Coins.ph and Maya Business help integrate digital asset payments with traditional payment rails. That includes e-wallets, banks, and OTC networks.
- Strong remittance flows and digitalization of SMEs favor gateways that unite crypto on- and off-ramps along with convenient transaction channels.
The Philippines is one of the top markets for crypto payment adoption. The factors driving adoption in the country include remittances, the unbanked population, and the modern infrastructure. The name includes QRPh, InstaPay, and PESONet.
Bangko Sentral ng Pilipinas (BSP) regulates the activities of Virtual Asset Service Providers (VASPs) based on anti-money laundering regulations. The list of licensed VASPs as of May 2026 includes Coins.ph (Betur Inc.) and Maya Philippines, Inc.
Stablecoins such as USDT, USDC, and local PHPC are popular for merchant payments. These assets could easily be converted to Philippine peso (PHP), which helps merchants avoid crypto price volatility.
Businesses in 2026 have more opportunities for accepting crypto payments than ever before. Local and international crypto payment gateways offer special solutions per the specific needs of merchants.
Native and Regional Crypto Payment Gateways in the Philippines
Coins.ph
Coins.ph is one of the top crypto platforms licensed by the BSP. This player has over 5 million verified users and provides merchant APIs, QRPh crypto payments, and direct settlements.
Merchants may accept such cryptocurrencies as USDT, USDC, BTC, ETH, and others using QRPh. All the payments are instantly converted to PHP for the recipient. Customers pay with crypto for goods in ordinary supermarkets and coffee shops.
Additionally, this company provides WebPay, corporate payouts, and remittance solutions. The fees charged by the company are competitive and usually equal to 1%.
The company doesn’t charge any fee for the initial setup or monthly fees for basic plans. Coins.ph expands stablecoin functionality using QRPh for real-world commerce.
Maya Business
Maya Business is the payment system operated by Maya Philippines, Inc. It is a regulated e-money issuer and VASP. In 2026,
Maya partnered with digital asset infrastructure provider Lydian. Together, they introduced a “Pay with Crypto” service for QR codes, payment links, and online checkout channels.
Merchants can accept stablecoins and other digital assets and get same-day PHP settlements. This helps businesses to avoid crypto price fluctuation.
Maya combines such payment methods as cards, GCash, bank transfers, and crypto payments in a single dashboard. This gateway is appropriate for both retail and enterprise users.
Xendit
Xendit Philippines is the provider of crypto payment infrastructure for Southeast Asia. The platform provides stablecoin on- and off-ramps, transfers, collections, and traditional payment methods such as cards, GCash, and bank transfers.
This crypto payment gateway is suitable for e-commerce platforms and online marketplaces. The hybrid capabilities of this platform help businesses to scale while having PHP settlements.
Dragonpay
Dragonpay has an extensive alternative payment network. This service reaches unbanked and underbanked customers through payment centers and OTC locations, including 7-Eleven stores.
The BSP-regulated provider cooperated with Triple-A to enable BTC, ETH, and USDT payments. Merchants receive PHP settlements while benefiting from the broad network of banking, e-wallet, and cash payment channels.
PayMongo and HitPay
PayMongo and HitPay concentrate on a localized checkout experience. The former accepts cards, GCash, QRPh, and OTC payments and keeps developing tokenized asset solutions.
HitPay serves SMEs using over 50 payment methods, including QRPh, InstaPay, and PESONet. Additionally, it provides POS and online payment tools. The cryptocurrency functionality is provided by HitPay through partnerships rather than a native solution.
Global Crypto Payment Gateways Supporting the Philippines
International providers continue to support merchants in the Philippines using APIs, plugins, stablecoin settlements, and bank integration.
Triple-A is the leader of stablecoin-focused payment gateways in the Asia-Pacific region. Using the partnership with Dragonpay, this platform enables instant fiat conversion and PHP settlements. Merchants may accept crypto payments, avoiding volatility risks.
NOWPayments, CoinGate, BitPay, and Coinbase Commerce provide a wide range of cryptocurrencies and an automated checkout experience. These platforms work in the Philippines due to website integrations and settlements in PHP or stablecoins. Typical fees vary from 0.5% to 1%.
B2BinPay and other enterprise-focused platforms are aimed at serving brokers, exchanges, and other large companies that need liquidity and cross-border payment options.
Some providers like TransFi combine crypto payment features with alternative payment methods in the Philippines.
Crypto Payment Networks: Integration, Fees, Compliance, and Operations
Most crypto payment gateways provide REST APIs, no-code plugins, and merchant dashboards. The adoption of the QRPh technology is possible thanks to existing merchant infrastructure and the absence of the necessity of hardware upgrades.
The settlements are performed instantly or within one business day. Automatic conversion helps to mitigate volatility risks.
Typical transaction fees vary from 0.5% to 2%, depending on the payment method and the volume of transactions. These fees are comparable to traditional card processing fees. Compliance with BSP VASP is required for crypto operations in the Philippines.
International providers cooperate with licensed local partners to provide off-ramp services. New BSP regulations emphasize the token listing standards, monitoring, and restrictions on privacy coins.
The regulatory landscape is changing, but stablecoins and QRPh have helped to solve many practical issues connected to crypto payments.
Conclusion
Crypto payment gateways in the Philippines in 2026 combine regulation and digital payment infrastructure. The leaders of the local market are Coins.ph and Maya Business. At the same time, Xendit, Dragonpay, and Triple-A are the global providers present in the country.
Businesses should consider compliance standards, settlement speed, supported payment methods, and transaction costs when choosing a crypto payment gateway.
With the integration of stablecoins and QRPh with the digital payment infrastructure, the Philippines has emerged as a promising market.
