PANALOBET Debit and Credit Cards — Limits, Fees & Settlement

The payment rail addressed on this page is Debit and Credit Cards. This page keeps operator-specific cashier detail out on purpose, and the last section walks through why.

Debit and Credit Cards at a glance

Field	Value
Operated by	BancNet’s network handles domestic debit, paired with the international schemes of Visa and Mastercard. Individual BSP-supervised banks are the actual issuers, not the networks
Regulated by	Bangko Sentral ng Pilipinas
Wallet limit	Not applicable to this rail
Per-transaction cap	Not applicable to this rail
Settlement	Not applicable to this rail
Published fees	Replacing the 24 per cent cap set in 2020, BSP Circular No. 1165 of 2023 caps credit card interest and finance charges on revolving balances at 3 per cent a month, or 36 per cent a year. That circular permits only a flat PHP 200 per transaction as the cash advance processing fee, excluding any other charge. This page omits the percentages commonly cited for merchant discount and interchange rates since none trace to a primary source, noting instead that acquirer and merchant negotiate these rates commercially without a BSP cap.

What’s shown here was locked in at a single moment — 2026-09 — and won’t be refreshed. The provider’s own page stands alone as the current source, since payment providers alter limits and fees without notice.

Debit and Credit Cards, regarding gambling transactions

Gambling transactions in the Philippines drew no specific statement that could be found from BSP, Visa, or Mastercard. Many issuing banks are described as automatically declining merchant category code 7995, the restricted, industry-wide classification for gambling merchants that requires explicit acquirer approval. It’s general payments explainers, not a Philippine statement from the networks or the regulator, that this description comes from; here it serves only to explain why a card payment to a gambling merchant could be declined with no published rule to cite, not as a sourced fact about Philippine cards.

Paying with Debit and Credit Cards at PANALOBET

1. Sign into your PANALOBET account and pull up the cashier.
2. Debit and Credit Cards should be your pick among the payment methods the cashier shows for your account.
3. Make sure the name on your PANALOBET account matches the name on your Debit and Credit Cards account.
4. Confirm the amount after reviewing the cashier screen’s minimum, maximum and any fee.

Every first deposit with a new method deserves a look at the cashier screen first, since it shows the live limits for your account.