The highly touted common tower policy of the government appears to be going nowhere as local operator Globe Telecom announced on Thursday, July 9, that it is putting up its own cell sites in different parts of the country this year.
GCash saw the value of transactions for payments to the BIR increased by 117 percent to P574.89 million in the first half of 2020 from P265.19 million the year prior.
The city government of Manila has launched around 90 of new vendor stalls that will be equipped with PayMaya QR as it prepares to restart the local economy following the continuing quarantine in the city.
BPI said online payments have become a more prominent part of business operations as it allows businesses to recover sales lost from physical stores by putting more focus on online sales channels.
BSP governor Benjamin Diokno said monetary authorities consider as a success the rise in e-payments during the ECQ because of the expansion in the volume and value of transactions.
The Securities and Exchange Commission has warned the public against individuals and groups engaged in unauthorized activities such as investment-taking in the guise of cryptocurrency trading and online selling.
Digital payment firm PayMaya has launched its LEAD program which aims to equip LGUs with end-to-end cashless payment solutions for better public service.
Beneficiaries of the Social Amelioration Program being implemented by the DSWD can expect a faster release for the second tranche of their cash subsidies.
Singapore-headquartered online lending firm Robocash Group has announced it is now raising funds to finance the launch of its digital bank in the Philippines called “Una Bank” by September 2020.
The initiative, which continues the legacy of Next Wave Cities, aims to drive inclusive growth in the countryside by selecting high-potential areas throughout the country and transforming them into bustling IT and BPO hubs within five years.
