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.
Tonik said it aims to disrupt the Filipino retail banking industry by bring to the market a revolutionary and completely branchless way of banking on a secure mobile platform.
DTI undersecretary Rafaelita Aldaba said the pandemic has also forced traditional enterprises and startups to create new digital business models to diversify revenue streams.
The Telecom Tower Watch initiative aims to accelerate the development of the country’s digital infrastructure by establishing a regular venue for close monitoring and troubleshooting of delays in the building of cell towers and related projects.
This year, Converge said it is expanding to the Visayas and Mindanao regions where it plans to fully commercially launch services by the second half of 2021.
Aptly called Converge FiberX Time of Day, the new connectivity product allows residential subscribers to have the right Internet speed that will fit their daily or nightly needs at an affordable rate.
With Converge FlexiBIZ, SMEs can take advantage of a fiber connection that allows businesses to experience higher Internet speeds during a pre-set time of the day, depending on their chosen plan of FlexiBIZ Daytime or FlexiBIZ Peak.
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.