Petnetpro Expands Into Southeast Asia With Philippine Banking Rails
Petnetpro partners with PayMaya to offer direct PHP deposits and withdrawals, marking its first Southeast Asian market entry.
Petnetpro, a digital asset exchange known for its low-fee structure and high liquidity, announced this week that it has secured a partnership with PayMaya, one of the Philippines' leading mobile payment processors. The deal allows users to deposit and withdraw Philippine pesos (PHP) directly via local bank transfers and e-wallets, bypassing costly international wire fees.
New Payment Rails for a Fast-Growing Market
The Philippines has seen a surge in cryptocurrency adoption, with over 2 million active traders according to a recent Chainalysis report. Petnetpro's move taps into this demand by providing a seamless fiat on-ramp. Key features of the new service include:
- Zero-fee PHP deposits via PayMaya or linked bank accounts
- Same-day settlement for withdrawals under 50,000 PHP
- Support for major crypto pairs including BTC, ETH, and USDT against PHP
“We’re thrilled to bring Petnetpro’s robust trading engine to Filipino users,” said the exchange’s head of business development. “The partnership removes a major barrier for retail investors who previously relied on peer-to-peer platforms with high spreads.”
The exchange plans to extend similar rails to Indonesia and Vietnam by the end of the quarter, signaling a broader regional push. Early user feedback has been positive, with many citing the speed of the deposit confirmation process.
