The system accepts Visa and Mastercard debit, credit and prepaid cards, as well as mobile wallets that support Near Field Communication, such as Google Pay. It also allows passengers to pay using GCash QR codes.
Rizal Commercial Banking Corp. (RCBC) said it will waive InstaPay fees for person-to-person fund transfers made through its digital banking apps starting July 4, joining a growing number of banks lowering the cost of digital transactions as competition in mobile banking intensifies.
The app utilizes near-field communication (NFC) technology to convert smartphones into payment terminals, eliminating the need for point-of-sale devices.
RCBC chief information security officer Carlos Tengkiat said the actual biggest cybersecurity threat is not the type of technology, it's the rapid speed of how technology changes.
In order to expand the Philippine real estate industry into the global market, Talino Venture Studios has officially launched an AI-powered property technology solution known as Bahai Deals.
The bank’s removal of clickable links in all forms of communications is in support of a BSP memorandum, which contained recommended control measures against cyber fraud and attacks on retail electronic payments and financial services.
With the Multisys tie-up, RCBC said DiskarTech will bring a better customer experience to users through the app’s new Pinoy e-games, e-commerce, and e-government services.
The tie-up allows users to open digital deposit accounts without requiring an initial amount or maintaining balance, and features cardless ATM withdrawals, fund transfers, and bills payment.
One of the “kabuhayan packages” to be offered to displaced OFWs of a mobile store and a handheld automated teller machine service called ATM Go including digital financial services through RCBC’s DiskarTech super app.
