The approximately two million Filipinos living and working in the US will now be able to use MoneyGram to send money via Visa Direct either on MoneyGram’s website or mobile app, to any PayMaya account holder in the Philippines using their 16-digit Visa physical or virtual card number.
While in the pilot phase, Bayad Center said will initially accept payments for the Pre-Departure Orientation Seminar (PDOS) and the Guidance and Counseling Program (GCP) conducted by the Commission on Filipinos Overseas (CFO). By the fourth quarter of this year, all CFO payment transactions will be covered by Bayad Center.
Fiber broadband provider Converge ICT Solutions said it has also increased its overall hotline capacity to match the additional staffing to address customer inquiries and follow-ups.
Borrowers who wish to know their creditworthiness can now request for their credit report online, according to the Credit Information Corporation (CIC).
IBPAP president and CEO Rey Untal said the roadmap they bared last year was supposed to have been good until 2022, up until the pandemic threw a monkey wrench to their numbers.
Regulatory policies on the establishment of digital banks are expected to be ready before the end of 2020, Bangko Sentral ng Pilipinas (BSP) governor Benjamin Diokno said.
In Metro Manila and Rizal, Globe said it is set to build at least 319 cell sites while in North Luzon at least 100 sites are in the pipeline with Bulacan, Pampanga, and Pangasinan topping the 15 provinces with the most builds.
Department of Trade and Industry secretary Ramon Lopez said the roadmap will help the country become an “AI center for excellence” in the region, backed by a rich local talent pool and vibrant innovation and entrepreneurship ecosystem.
