E-payment usage has also significantly gone up, rising from just 1 percent in 2013 to 10 percent in 2018.
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.
Araneta City Bus Port, the first integrated bus terminal in the Philippines, has started to implement a QR- and card-based ticketing payment system powered by digital payments firm PayMaya.
CleanFuel customers may use the cashless payment app to make fuel purchases at all CleanFuel stations nationwide.
Merchants in the summer capital will be equipped with the PayMaya QR-based payments in time for the Panagbenga Festival 2019.
The markers are equipped with quick response (QR) codes and near field communication (NFC) chips. When scanned through a mobile app, the QR and NFC devices will activate a browser window that will provide detailed information about the site on the user?s smartphone.
The project will enable residents to pay various barangay fees (barangay clearance, barangay ID, local certificates and permits) electronically when they scan to pay at QR codes using the GCash app.