The BSP said a turning point in the country’s digital transformation journey is the National QR Code Standard or QR PH, which leverages on the efficiency and affordability of the QR technology.
Through the newly-launched Travel section in the PayMaya app, commuters can pre-purchase their tickets even before they arrive at the station and avoid long queues.
A unified quick response (QR) code for the logistics sector will be implemented in 2021 under the National Effort for the Harmonization of Efficient Measures of Inter-related Agencies (NEHEMIA) program of the Anti-Red Tape Authority (ARTA).
Se. Sonny Angara, the bill’s author, took note of the growth of digital payments in the Philippines at a rate of 27% to 30%, which is higher than the 25% average of emerging Asian countries, but is still just one percent by volume of the estimated 2.5 billion payments made per month.
Gokongwei-owned Robinsons Bank has introduced its RBank Biz Portal and RBank QuickR QR Code capability to enable contactless transactions among local buyers and sellers.
PayMaya is offering transport operators and their drivers QR scan-to-pay capabilities, which will also give them access to a digital financial account that they can use for transactions such as bills payments, airtime load reloading, and sending money to friends and family.
Through the new PayMaya Negosyo app available for Android devices, MSMEs can accept QR and other forms of digital payments using their smartphones and even if they don’t have an e-commerce website.
A lawmaker said the ancient manual sign-up method would be burdensome on both the drivers and commuters, aside from exposing them to identity thieves, stalkers, and other privacy violators.
With most Filipinos staying at home because of the enhanced community quarantine, many are turning to online donations as a way of helping those severely affected by the Covid-19 outbreak.
