Friday, June 14, 2024
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Newly launched teller machine uses QR code instead of cards

Financial technology startup Traxion Tech has succesfully developed a cardless teller machine for its network solutions arm CoopNET which can be accessed completely using a smartphone and system-generated QR codes to provide more options to underserved cooperatives and financial institutions in far-flung areas in the Philippines.  

Baguio City is first LGU to roll out Paleng-QR PH program

Paleng-QR PH aims to build the digital payments ecosystem in the country by promoting cashless payments in public markets and public transportation.

BSP rolls out person-to-merchant QR standard for financial transactions

To receive payments, merchants only need to print QR codes to obtain payments by asking their customers to scan the code without necessarily getting connected to the Internet.

E-payment transaction value in PH reached 20% in 2018

E-payment usage has also significantly gone up, rising from just 1 percent in 2013 to 10 percent in 2018.

BSP increases target in e-payments transactions to 30% by 2020

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 bus port deploys PayMaya-backed ticketing system

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 partners with PayMaya for QR cashless payment

CleanFuel customers may use the cashless payment app to make fuel purchases at all CleanFuel stations nationwide.

Panagbenga 2019 tagged as first cashless festival in PH

Merchants in the summer capital will be equipped with the PayMaya QR-based payments in time for the Panagbenga Festival 2019.

Iloilo goes digital with unveiling of interactive tourism markers

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.

QC gov’t taps GCash for pilot-test of QR mobile payment

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.
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