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Business IT

PayMaya is first e-wallet to adopt national QR PH standard

QR PH is available for person-to-person (P2P) fund transfers upon launch but will soon be expanded for merchant QR payments.

E-payment transaction value in PH reached 20% in 2018

E-payment usage has also significantly gone up, rising from just 1 percent in 2013 to 10 percent in 2018.

BSP, payment firms unveil EGov Pay and QR code standard

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 economy.

BSP increases target in e-payments transactions to 30% by 2020

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 secure payment transactions.

BSP eager to make digital payments pervasive in PH

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.

BPI brings back online appointment scheduling, intros upgrades

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.

BPO firm ibex’s new Alabang site houses 1,000 seats

The BPO firm is not slowing down its plans to expand their operations in the country.

PayMaya users can now transfer funds to more than 40 banks

As of now, PayMaya is not charging any transaction fees for the service until further notice.

ADB exec says closer public-private tie-up needed to boost PH fintech industry

The ADB also noted that purely digital banks have also started operating but regulations are still currently using the traditional models.

Now Corp. hooks up with Korea’s SK Telecom for 5G pivot

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 solutions to the country via Now Corp.

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