PESONet MC 21-072

Updated: Jan 7

October 01, 2021


T O : All PESONet Participant Banks/Institutions


R E : PARTICIPATION OF PSBANK IN THE PCHC PAYMENT GATEWAY (PAYGATE)


1. We are pleased to announce the participation of Philippine Savings Bank (PSBank) in the PCHC Payment

Gateway (PayGate) as an Issuing Bank effective October 4, 2021.


2. PSBank customers by then can pay any participating merchants and government agencies such as those that are

listed in LinkBiz of Land Bank of the Philippines (an Acquiring Bank) which is one of the government’s depository

banks.


3. PSBank is the 5th bank to join the PayGate. Previously, the following banks successfully onboarded as Issuing

Banks:


3.1. Bank of the Phil. Islands

3.2. Rizal Commercial Bank Corp.

3.3. Union Bank of the Phils.

3.4. Robinsons Bank Corporation


4. There are already more than 200 government agencies and more than 70 merchants enrolled in Land Bank’s

LinkBiz Portal. Clients of PayGate’s Issuing Banks can make payments to these enrolled government agencies

and merchants via PESONet’s account-to-account funds transfer, which likewise includes associated transaction

information from their PayGate Acquiring Bank.


5. For information and guidance.


PESONet MC.21-072.Participation of PSBank in the PCHC Payment Gateway (Paygate)
.pdf
Download PDF • 294KB