PesoWallet is an online lending application in the Philippines. Borrow from 2,000 PHP to 25,000 PHP, without collateral, digital procedures, information security.
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PesoWallet is an application specialized in providing short-term credit packages with small amounts of money in the Philippines. Moreover, the interest rates for borrowing capital in this loan package are always lower compared to other applications in the market. To borrow capital here, customers must prepare documents as required by the unit. Basically, the loan application process is not too complicated, borrowers only need to provide personal information and bank account numbers to successfully borrow capital.

Capital borrowing is available 24/7 on all days of the week, including holidays, Saturdays, and Sundays. One of the advantages of the PesoWallet App in online loan procedures is that the application process is simple, and approval is easy. In addition, customers can access the company’s website and contact via phone number. Rest assured, you will be able to borrow capital in no time.

Loan Information at PesoWallet

PesoWallet offers both short-term and long-term loan packages for customers to choose from, including:

  • Loan amount: from 2,000 PHP to 25,000 PHP.
  • Loan term: from 91 to 365 days.
  • Maximum annual percentage rate (APR): 28%.
  • Additional charges: one-time signing fee, service fee for each transaction, minimum 0%, maximum 22%.

Illustration for the loan

  • If you borrow 10,000 PHP on the PesoWallet app, it will be as follows:
  • Total interest fee: 10,000 PHP * 10% * 3/12 = 250 PHP
  • Service fee 8%: 10,000 PHP * 8% = 800 PHP
  • Total amount to repay: 10,000 PHP + 250 PHP + 800 PHP = 11,050 PHP
  • Monthly installment: 11,050 PHP / 3 = 3,683.33 PHP

A plus point for this financial institution is that customers will not incur any additional fees when borrowing capital. If you want to learn more, borrowers can visit the website to check all the information again.

Some advantages of the PesoWallet App

  • Streamlined, minimal, and simple procedures: As mentioned, borrowers only need to provide their own personal information such as their ID card, have a bank account, and demonstrate their income.
  • Minimal documentation: Borrowers at PesoWallet do not need to prepare any documents. The disbursement process is done entirely online. Borrowers provide personal information, income, etc., by taking photos and sending them through the app.
  • 100% phone-based loan processing: Borrowers do not need to be present at the disbursement unit. You only need to provide the requested information.
  • The institution also has a bad debt support policy: For customers unfortunate enough to incur bad debts at banks or other financial institutions, this app can help you borrow capital. PesoWallet can bypass the bad debt assessment process to disburse funds.
  • Addresses short-term financial needs for borrowers: Most online loan amounts are small and short-term, so there is no need for long-term investment. Mostly, borrowers want to address shopping expenses or other family matters.

Some limitations of the PesoWallet App

  • The first limitation that everyone sees is short-term loans: With loan terms of some packages being 5, 7, or 10 days, borrowers may not have enough time to manage. This creates financial pressure for borrowers.
  • The interest rates of the loans are still too high: Compared to the interest rates at traditional banks, the online loan packages here are much higher. Moreover, these interest rates are not publicly disclosed.
  • Borrowers cannot file complaints if there are errors: Because all information from credit institutions is anonymous.
  • In addition, borrowers also face the risk of leaking confidential information: Because when borrowing capital, borrowers have to provide personal information, so it is easy to be exposed to outside parties if hackers infiltrate. This is unavoidable because online loan apps are not equipped with a complete security system like traditional banks.

Guide to Registering for Loans on the App

Eligibility Requirements

  • Customers must be 20 years old and under 59 years old, citizens of the Philippines.
  • Have all personal documents such as: National ID, Driver’s License, Passport
  • Use a phone number and a legitimate bank account
  • Customers have stable income from various jobs.

Quick Registration Steps

Step 1: Download and install PesoWallet APK/IOS on your phone. Then choose the product and register information on the app.

Step 2: Provide personal photos and valid ID. Complete other registration details as instructed on the app.

Step 3: PesoWallet will automatically verify and approve the registration. Customers sign the electronic loan application on the app.

Step 4: Customers will take 15 to 60 minutes for the system to approve the loan application. If successful, the registered loan amount will be sent to the bank account.

Note: Customers should regularly access the app to update policies, terms, and offers from PesoWallet

Security and Privacy

  • PesoWallet is licensed by SEC (Hi-Fin Lending Inc., SEC Registration CS201910995).
  • There are strict data verification and protection processes.
  • Privacy policies may change; users are encouraged to check regularly.

Contact Information and Customer Support

  • Company Name: Hi-Fin Lending Inc.
  • SEC Registration: CS201910995
  • Business Name: PesoWallet
  • Authorization Number: 3027
  • Working Hours: 9:00 – 18:00
  • Phone: 0910-021-7007
  • Website:
  • Email: [email protected]
  • Address: 19/F Marco Polo Ortigas Sapphire Road, Ortigas Center, Barangay San Antonio, Pasig City, Philippines.

If you have any inquiries or concerns, please do not hesitate to contact PesoWallet directly through the provided channels.


PesoWallet is an application that provides quick and flexible cash loan and payment services to customers in the Philippines. Additionally, the app offers a simple process and flexible borrowing conditions. PesoWallet is an attractive choice for everyone. The above is all the information related to online lending at PesoWallet. Hopefully, this information will help those in need of borrowing have more information for themselves.

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