PHFUN PESONet — Limits, Fees & Settlement

PESONet as a payment method is the subject that follows: who runs it, what it is licensed as, and what it publishes about limits and fees.

PESONet at a glance

Field	Value
Operated by	Operated through Philippine Payments Management, Inc., while clearing switch duties are designated to the Philippine Clearing House Corporation
Regulated by	Bangko Sentral ng Pilipinas
Wallet limit	Not applicable to this rail
Per-transaction cap	Not published
Settlement	when sent before the clearing house cut-off, the same banking day; after it, the next banking day It works in batch cycles, several per day, not in real time, and it stays idle at weekends
Published fees	BSP mandates free electronic crediting for the beneficiary. Publication of a rail-wide fee figure does not happen, and any fee is the sending institution’s to charge.

These figures were recorded in 2026-09 and hold at that point in time. Limits and fees are revised by payment providers without notice, so the provider’s own page is the only current source.

What PESONet says about gambling transactions

For this page, no public position from PESONet on gambling merchants could be sourced. Permission it is not: e-money issuers regularly enforce merchant-category rules they never publish, so a transfer may be declined with no published rule behind it.

How fast money actually moves

PESONet settles when sent before the clearing house cut-off, the same banking day; after it, the next banking day It works in batch cycles, several per day, not in real time, and it stays idle at weekends. The rail is what this describes, not the casino: before a withdrawal ever gets to PESONet, an operator can hold it for its own review, and waiting time usually comes from that review.

PESONet has no scheme-wide per-transaction limit imposed on it, and ‘no limit’ is how BSP’s own comparison table puts it. Because every participating institution decides its own caps, the bank’s rule and not the rail’s is behind any rejected transfer. A missing figure is not what this is; it is the field’s genuine answer.

Verification tiers

Nothing was sourced on published verification tiers for PESONet, so the page lists none. Even so, identity verification is standard on regulated Philippine e-money accounts, and when a limit comes in lower than you expected, an unverified account is usually why.

Paying with PESONet at PHFUN

1. Sign in at PHFUN and open the cashier.
2. Choose PESONet from the payment methods listed in the cashier for your account.
3. Make sure the name on your PHFUN account matches the name on your PESONet account.
4. Start with the cashier screen for the minimum, maximum and any fee, then confirm your amount.

Because the cashier screen displays the live limits for your account, check it before making a first deposit with any new method.