ING Pay is the safe and reliable way to pay - here’s why | Inquirer Business

ING Pay is the safe and reliable way to pay – here’s why

/ 05:53 PM April 20, 2021

Contactless payments are here to stay, but have you chosen the right bank partner for this new norm? Several banks and fintechs have launched their e-wallets and payment accounts and it can be a difficult decision to choose which one to use. 

For us, choosing the right partner depends on security, convenience, and reliability. 

Last year, ING Philippines launched ING Pay—a bank account that’s main purpose is to make payments a tap away. We tried it out and here are the things that we discovered about ING Pay.


Focus on secured payments, anytime, anywhere


ING Philippines has been in the country for 30 years already. In 2018, they launched the first all-digital bank in the Philippines that allows customers to open a bank account at the convenience of their phone. From onboarding to bank transactions, customers can do everything through their mobile phone.

The question is, how secure is banking with ING? As a universal bank, ING Philippines is regulated and supervised by the Bangko Sentral ng Pilipinas (BSP). Deposits are also insured by the Philippine Deposit Insurance Corporation (PDIC) which gives customers more peace of mind that their money is secured. 

Another feature of the ING Pay account is that you can get a free ING Pay Virtual VISA Debit Card which you can use securely for online transactions, such as paying for online shopping or doing groceries via e-commerce platforms. You can also freeze or unfreeze your virtual card anytime through the ING mobile app. 

Plus, you don’t need to worry about losing the virtual card as it is accessible through the mobile app. 

A reliable and convenient digital payments platform

ING Pay features different functions that fit the everyday lifestyle of Filipinos. 

You can easily pay your bills to more than 80 merchants that are pre-enrolled in the app. This includes billers such as utilities, credit cards, and insurance companies.

You can also transfer money instantly via Instapay for free. One unique feature of ING is that customers can send up to P50,000 per transaction, and up to P1,000,000 per day. 

ING also lets gives you the flexibility to adjust your daily transfer limits. 

No Fees. No fine prints. 


A major pain point that ING also wants to address with its fully mobile proposition is the bank fees. So, opening an account with ING is completely free, with no minimum and balancing balance.

Unlike other online banks and/or e-wallets, ING Pay does not charge any fees for any transactions. When paying the bills, there are no payment fees. When sending money real-time, there are no transfer fees. 

When using the ING Pay Physical Visa Debit Card at local BancNet ATMs, you will also not be charged any fees. In fact, ING takes care of the ATM withdrawals completely on their end that you won’t see any fees in your transaction history or bank statement. 

For those who don’t have an ING Pay account yet, all it takes are a few taps and clicks to open. Just download the ING app on the iOS App Store or Google Play Store. 

Bonus: ING Philippines has an ongoing promo for new customers of ING Pay. Get a PHP 500.00 welcome gift when you open an ING Pay Account and make your first two valid transactions with a minimum amount of PHP 1,000.00 each. For more info, visit 

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TAGS: ING Pay, ING Pay Bank account, payments, safe payments
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