Under the acquirer-based fee charging (ABFC), which took effect on Wednesday, April 7, banks can set the ATM fees they want to charge on cardholders of other banks who use their machines.
The EO removes the franchise requirement in the access of international satellite systems and gives telcos, VAS providers, and ISPs direct access to all satellite systems to build and operate broadband facilities to offer Internet services.
The BSP said around 13 percent of the complaints involved fraudulent or unauthorized transactions of various financial products and services like deposit, credit card, electronic money, and remittance.
SSS said transactions through the agency’s electronic channels accounted for 75 percent of the total in 2020, up from around 35 percent in the previous year.
The cities and towns in Metro Cebu and Metro Davao will be the first to experience the services of Dito Telecommunity starting March 8, the company announced on Tuesday, March 2.
The IPOPHL is pushing for 17 priority amendments, one of which is the granting of the power to the agency to take down websites with infringing material.
Covered buildings include those with electrical loads of at least 112.5 kilovolt-ampere (kVa) or with a total gross floor area of at least 10,000 square meters.
Digitalization has benefited Filipinos especially during the pandemic, Bangko Sentral ng Pilipinas (BSP) governor Benjamin Diokno said on Friday, Feb. 19.
In his speech during...
