Category: Payment

calendar_today February 5, 2024 schedule 3 min read

BSP remains optimistic about growth of digital payments in PH, sees benefits to small businesses

According to Statista, the total transaction value in the digital payments market in the Philippines is projected to reach US$43.65…

Tags

BSP, cashless, Digital Payments Roadmap, digital retail payment transactions, digital transformation, Paleng-QR Ph Plus program, seamless transactions

By Ralph Fajardo

calendar_today February 1, 2024 schedule 6 min read

Alipay+ begins 2024 global travel campaigns with Chinese New Year drive for 8 million int’l merchants

Over 8 million Alipay+ partner merchants around the world are ready to welcome the first full Chinese New Year cross-border…

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Alipay+, cross-border commerce, cross-border travel, GCash, merchant ecosystem, Touch ‘n Go eWallet, travel boom, ZeroPay

By Ralph Fajardo

calendar_today January 31, 2024 schedule 3 min read

BSP, DTI hold cashless expo in Pasay City

Breaking away from the online norm, the Bangko Sentral ng Pilipinas (BSP) and the Department of Trade and Industry (DTI)…

Tags

Bangko Sentral ng Pilipinas, Cashless Expo, digital payment transactions, Digital Payments Transformation Roadmap, digital transformation, QR Ph

By Ralph Fajardo

calendar_today January 26, 2024 schedule 5 min read

Alternative lending business in PH to reach US$1.6M by 2027, digital lenders now forging alliances with AI-powered fintech firms — study

Based on the latest report from Research and Markets, the world’s largest market research store, the alternative lending market in the…

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adoption of digital lending, alternative lending market, digital banking revolution, Research and Markets, Tala

By Ralph Fajardo

calendar_today January 25, 2024 schedule 3 min read

BankCom sees growing Japan market, launches all-in-one remittance/investment platform for OFWs

Bank of Commerce (BankCom), the affiliate bank of San Miguel Corporation (SMC), is seeing a larger market potential for its…

Tags

all-in-one remittance, ASENSO, BankCom, BSP, cash remittances, e-wallet services, SIKAPPINOY, Speed Money Transfer

By Ralph Fajardo

calendar_today January 24, 2024 schedule 3 min read

CIBC forms new collaboration with Visa to allow for safer sending of remittances to digital wallets

CIBC has formed a new collaboration with Visa, a trusted network and world leader in digital payments, to help the bank’s clients…

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CIBC, cross-border money movement, digital banking, digital wallets, real-time remittance, remittance options, Visa Direct

By Ralph Fajardo

calendar_today January 23, 2024 schedule 3 min read

PDIC now accepts digital payments through Land Bank of the Philippines’ Link.BizPortal facility

The Philippine Deposit Insurance Corp. (PDIC) has recently added LandBank’s Link.BizPortal digital payment facility to its array of available payment…

Tags

Bangko Sentral ng Pilipinas, financial inclusion, Land Bank of the Philippines, PDIC, Visa Debit Card

By Ralph Fajardo

calendar_today January 19, 2024 schedule 2 min read

Chinabank expands RippleNet platform partners with Thailand’s fintech money service business

Chinabank continues to broaden its global remittance tie-ups to serve Filipinos anywhere in the world. Connecting via the RippleNet platform,…

Tags

Chinabank, DeeMoney, fast remittance, fintech money service business, global remittance

By Ralph Fajardo

calendar_today January 11, 2024 schedule 4 min read

TerraPay and Maya partner to empower seamless money transfers for Filipinos worldwide

TerraPay and Maya recently announced a transformative global collaboration that would make international remittances more accessible, convenient, and secure for…

Tags

consumer finance app, end-to-end digital payments company, fintech ecosystem, international remittances, Maya, payments processing business, seamless money transfers, TerraPay

By Ralph Fajardo

calendar_today January 10, 2024 schedule 2 min read

BSP onboards first nonbank electronic money issuer as a Direct Peso RTGS participant

​The Bangko Sentral ng Pilipinas (BSP) has reached another central banking milestone recently with the onboarding of OmniPay, Inc. to…

Tags

Bangko Sentral ng Pilipinas, electronic money issuer, low-risk funds transfers, national payment system, National Payment Systems Act, PhilPaSSplus, RTGS system

By Ralph Fajardo