Via InstaPay, Filipinos can enjoy safe and affordable accountto-account electronic retail payments in real-time. Transactors may send and receive funds or make payments in real time of up to P50,000 per transaction. The transferred funds are instantly received in full as no fee is charged for the electronic crediting of funds to the receiving party’s account in InstaPay participating institutions.
Investors require lower compensation for expected future inflation, and the fall in inflation volatility has also reduced the inflation risk premium. The decline is also a result of a secular fall in the natural rate of interest, which is the rate that balances desired saving and investment in the economy.