How to Pay Loans Online in the Philippines

Paying loans on time is just as important as getting approved for one.

Late or missed payments can lead to penalties, higher interest, and even affect your credit record.

Fortunately, paying loans in the Philippines is now more convenient than ever, thanks to online banking, e-wallets, and digital payment platforms.

Here’s how you can settle your loans quickly and securely without leaving your home.

Why Pay Loans Online?

• Convenience – No need to visit banks or offices.
• Speed – Payments are processed instantly or within hours.
• Accessibility – Available 24/7 through apps or websites.
• Security – Digital payments are safe when done through official channels.

Common Online Loan Payment Methods in the Philippines

1. Online Banking

Most banks in the Philippines allow you to pay loans through their online portals or mobile apps.

• Log in to your bank’s online banking system.
• Choose “Bills Payment” or “Loan Payment.”
• Select the lender from the list of billers.
• Enter your loan account number and amount.
• Confirm and save the transaction receipt.

Popular banks offering online payments: BDO, BPI, Metrobank, UnionBank, Security Bank.

2. E-Wallets

Digital wallets have become one of the most widely used payment methods for loans.

• GCash – Pay bills directly under “Loans.”
• Maya (formerly PayMaya) – Loan payments can be made using the “Bills” section.
• ShopeePay / Lazada Wallet – Some lenders are integrated into these platforms.

E-wallets are convenient for loan apps and even some bank loans.

3. Loan App Payments

For digital loan providers, payments are often built directly into the app.

• Open the loan app (e.g., Tala, Cashalo, Digido, JuanHand).
• Tap “Repay” or “Make Payment.”
• Choose from online banking, e-wallet, or partner merchants.
• Confirm and receive an electronic receipt.

4. Government Loan Payments

If you borrowed from government programs, you can also pay online:

• SSS – Use the My.SSS portal to generate a Payment Reference Number (PRN), then pay via online banking or e-wallets.
• Pag-IBIG – Through Virtual Pag-IBIG, payments can be made using debit, credit, or e-wallets.
• GSIS – Loan repayments are usually deducted from salary, but voluntary payments can be made online.

5. Payment Gateways and Partners

Third-party platforms also allow you to settle loans online:

• Bayad Center Online
• Dragonpay
• Coins.ph

These link your payments to banks, loan apps, and cooperatives.

Tips for Paying Loans Online Safely

• Always pay through official channels (bank portals, official apps, or accredited partners).
• Keep transaction receipts or screenshots for reference.
• Schedule payments in advance to avoid late fees.
• Double-check account numbers and loan reference numbers before confirming.
• Enable notifications to confirm successful payments.

Frequently Asked Questions

Can I pay my loan using GCash?
Yes. Many banks, loan apps, and even government agencies accept GCash for loan repayments.

Are online loan payments processed instantly?
Most are credited within minutes to hours. Some may take 1–2 banking days.

Can I pay in advance online?
Yes. Many banks and apps allow advance or full settlement payments online.

Do I need a reference number to pay government loans?
Yes. For SSS and Pag-IBIG, you must generate a Payment Reference Number (PRN) first.

Is it safe to pay loans online?
Yes, as long as you use official apps, portals, or accredited payment partners.