QR Ph is the national QR code standard that allows transfers between participating banks and e-wallets in the Philippines. This unified payment system makes digital transactions faster, safer, and more convenient for Filipinos.
Participating banks and e-wallets with this standard has the following QR code:
Another version of the QR Ph QR code is also available for other participants like merchants and business establishments.
Watch: How to use QR Ph by the Bangko Sentral ng Pilipinas
Key Features of QR Ph
- Universal Compatibility: Works across different banks and e-wallets
- Enhanced Security: BSP-regulated standard ensures safe transactions
- Instant Transfers: Real-time fund movement between accounts
- Convenience: No need to input account numbers manually
How to Use QR Ph with Coins.ph
As Coins.ph has adopted this standard, you can receive money from people using other banks and e-wallets by sharing your QR code.
Alternatively, you can also send money to other banks and e-wallets by scanning your recipient's QR code or uploading a screenshot of the QR using your Coins Wallet.
Sending Funds via Scanning a QR Code
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Obtain the Recipient's QR Code: Ensure it is a valid QR Ph code.
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Open Your Coins App: Tap the Scan QR icon located below your Total Balance on the Home tab.
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Scan the QR Code: Align it within the white square guide for detection.
- Enter Payment Amount: After scanning, you will be directed to the cash-out screen.
- Confirm Transaction: Double-check all details before clicking Confirm.
Sending Funds by Uploading a QR Code
- Get the Recipient's QR Code: Confirm it is a QR Ph code.
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Open Your Coins App: Tap the QR icon at the upper right corner.
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Upload the QR Code Image: Select the photo containing your recipient's QR code.
- Enter Payment Amount: You will be redirected to the cash-out screen.
- Confirm Transaction: Review your details and click Confirm.
Receiving Funds via QR Code
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Access Your Coins App: Tap the QR icon below your Total Balance on the Home tab.
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View Your QR Code: Click on "My Code" at the bottom of the screen to display your unique QR code.
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Share Your QR Code: Provide this code to the sender for them to initiate the transfer.
You can request for a specific amount, which will change the appearance of the QR code or share the code as is to receive any amount.
Important Considerations
Before you begin, make sure your Coins.ph account is:
- ID and Selfie verified: Your account must be verified with a valid ID and a selfie.
- Phone verified: If you plan to use QR Ph, InstaPay or PESONet cash-out options, ensure your account has a phone number linked.
Frequently Asked Questions
Is there a transaction limit?
Depends on the sending or receiving platform. For Coins, refer here to learn more on how to check your Coins.ph imits.
What should I do if my transaction fails?
If you encounter issues with sending or receiving funds, contact us for assistance.