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BSP moves toward 24/7 payments
Manila Bulletin
|December 19, 2025
The Bangko Sentral ng Pilipinas (BSP) is proposing to extend the operating hours of its large-value payment system to near 24/7, seeking to bridge the gap with global peers and reduce settlement risks for digital transactions.
In a statement, the BSP said the central bank plans to increase the availability of the peso Real-Time Gross Settlement (RTGS) system, known as PhilPaSSplus, to 154 hours a week from the current 43.74 hours.
Under the proposal, the system would run 22 hours a day, seven days a week, leaving a two-hour daily window for maintenance and testing.
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