What follows is about Debit and Credit Cards as a payment method: who runs it, what it is licensed as, and what it publishes about limits and fees.
Debit and Credit Cards at a glance
| Field | Value |
|---|---|
| Operated by | The Visa and Mastercard international schemes, and BancNet for domestic debit. Cards themselves are issued by individual BSP-supervised banks rather than by the networks |
| Regulated by | Bangko Sentral ng Pilipinas, under Republic Act No. 10870, Circular No. 1003 and the Manual of Regulations for Banks |
| Wallet limit | Not applicable to this rail |
| Per-transaction cap | Not applicable to this rail |
| Settlement | Not applicable to this rail |
| Published fees | BSP Circular No. 1165 of 2023 caps credit card interest and finance charges on revolving balances at 36 per cent a year, or 3 per cent a month, replacing the 24 per cent cap set in 2020. The same circular caps the processing fee on a cash advance at a flat PHP 200 per transaction and permits no other fee on top. Merchant discount and interchange rates are negotiated commercially between acquirer and merchant and are not BSP-capped; the percentages widely quoted for them have no primary source and are not repeated here. |
Figures here are point-in-time, recorded 2026-09. Payment providers revise limits and fees without notice, and the provider’s own page is the only current source.
How fast money actually moves
Settlement is not a property of this rail: a card authorisation and the bank’s own posting of it are separate events, and neither is published as a single figure.
What Debit and Credit Cards says about gambling transactions
No Philippine-specific statement by BSP, Visa or Mastercard on gambling transactions could be sourced. Industry-wide, gambling merchants sit under merchant category code 7995, a restricted category requiring explicit acquirer approval, and many issuing banks are described as declining it by default. That description comes from general payments explainers rather than from any Philippine statement by the networks or the regulator, so it is not presented here as a sourced fact about Philippine cards — only as the reason a card payment to a gambling merchant may be declined with no published rule to point at.
Verification tiers
No published verification tiers for Debit and Credit Cards could be sourced, so none are listed. Identity verification is nevertheless standard on regulated Philippine e-money accounts, and an unverified account is usually the reason a limit is lower than expected.
What this page does not say about BOSS77
It does not say BOSS77 accepts Debit and Credit Cards. No BOSS77 cashier was reachable while this site was built, so no payment method, minimum, fee or processing time has been confirmed for that operator. Everything above is about Debit and Credit Cards itself and is checkable against The Visa and Mastercard international schemes, and BancNet for domestic debit. Cards themselves are issued by individual BSP-supervised banks rather than by the networks.
The cashier screen, after signing in, is the only place an operator’s real limits appear. A figure repeated on an affiliate page ages the moment the operator changes anything.
FAQ
Who regulates Debit and Credit Cards?
Bangko Sentral ng Pilipinas, under Republic Act No. 10870, Circular No. 1003 and the Manual of Regulations for Banks.
What is the Debit and Credit Cards wallet limit?
Debit and Credit Cards does not publish a wallet ceiling that could be sourced for this page, so none is quoted.
How long does Debit and Credit Cards take?
No published settlement time could be sourced for Debit and Credit Cards.
Does Debit and Credit Cards charge fees?
Published fees: BSP Circular No. 1165 of 2023 caps credit card interest and finance charges on revolving balances at 36 per cent a year, or 3 per cent a month, replacing the 24 per cent cap set in 2020. The same circular caps the processing fee on a cash advance at a flat PHP 200 per transaction and permits no other fee on top. Merchant discount and interchange rates are negotiated commercially between acquirer and merchant and are not BSP-capped; the percentages widely quoted for them have no primary source and are not repeated here.. Providers revise these without notice.