QR PH is available for person-to-person (P2P) fund transfers upon launch but will soon be expanded for merchant QR payments.
E-payment usage has also significantly gone up, rising from just 1 percent in 2013 to 10 percent in 2018.
The EGov Pay and National QR Code Standard are in line with the BSP and the payments industry's goal to shift to a cash-light Philippine...
The BSP and several payments industry players also launched a program called QR PH, which is eyed not only to increase e-payments, but also to...
BSP governor Benjamin Diokno said the use of QR codes is safer than bringing cash since people are less vulnerable to theft and counterfeit money.
First introduced in 2012, setting of branch appointments in advance with BPI Online gives clients the freedom to transact at their preferred branch and time.
The BPO firm is not slowing down its plans to expand their operations in the country.
As of now, PayMaya is not charging any transaction fees for the service until further notice.
The ADB also noted that purely digital banks have also started operating but regulations are still currently using the traditional models.
SK Telecom, which launched the world’s first commercial 5G, is transferring Korea’s 5G technologies to the Philippines and will also export 5G B2B or business-to-business...