BDO Unibank has upgraded its payments infrastructure with Finastra's Global PAYplus platform, which it is now using for Swift and inbound PESONet processing.

The move expands BDO's use of a platform designed to handle both high-value and mass payments, as the lender responds to rising transaction volumes and changing payment standards. The upgrade is intended to improve operational resilience and support interoperability across the wider payments market.

One of the Philippines' largest banks, BDO serves retail, commercial, and institutional customers. It also provides payment distribution services for correspondent banking relationships and fintech partners entering the local market. According to Finastra, BDO is the country's largest commercial bank using Global PAYplus.

The platform supports Swift transactions and inbound processing for PESONet, one of the Philippines' electronic fund transfer systems. Finastra said the deployment gives BDO a foundation for current and future payment requirements through a single platform that handles different payment types.

According to the companies, the system adds more automation and rule-based payment processing while helping the bank prepare for standards such as ISO 20022. Banks globally have been updating payments systems to align with ISO 20022 as clearing networks and financial institutions adopt the messaging standard for domestic and cross-border transactions.

The upgrade comes as banks face pressure to process larger transaction volumes while maintaining reliability across multiple payment rails. In many markets, lenders are replacing fragmented legacy payments systems with centralised platforms that connect to domestic schemes, international networks, and corporate banking channels.

The shift has become more pronounced as banks seek to reduce operational complexity and manage a broader mix of instant, batch, and high-value payments.

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