Coins.ph users cant add money from banks after BSP order
Coins.ph users have lost access to incoming InstaPay and PESONet bank transfers after the Bangko Sentral ng Pilipinas partially suspended the payment-network access of its e-money operator, DCPay Philippines. BitPinas reported that Philippine Payments Management Inc. notified financial institutions through PPMI Advisory No. 2026-0929-029, which ordered immediate implementation of BSP Monetary Board Resolution No. 839. The restriction applies to DCPays ability to receive money through the two national transfer networks. Under the advisory, transfers from external bank accounts or e-wallets into affected Coins.ph peso wallets are rejected when routed through InstaPay or PESONet. The restriction covers incoming person-to-person transfers, incoming InstaPay QR credit transfers and DCPays participation in the InstaPay for Business pilot. Coins.ph cash-ins are blocked while cash-outs work The regulatory order did not remove DCPays ability to originate outgoing transfers. BitPinas reported that the BSP directive kept DCPay authorized to send funds from Coins.ph wallets to Philippine bank accounts and other e-wallets. Coins.ph initially went further than the order itself. An update carried by BitPinas said the platform temporarily stopped all peso cash movements, including cash-outs, while it made technical or operational changes required to implement the restriction. The company expected outbound transfers to resume at 11 a.m. Philippine time on Sept. 30. By









