P2P and merchant payments driving digital payments adoption in PH — BSP report
The Bangko Sentral ng Pilipinas (BSP) has just released the result of its measurement on the level of adoption of…
Category: Payment
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Credit payment service app Mocasa uses CIC data to enhance its financial services
Mocasa, a fintech company specializing in innovative credit payment services, is now authorized by the Credit Information Corporation (CIC) to…
BSP, retail partners launch CoDM Project in various malls throughout the country
In an effort to increase coin circulation nationally, the Bangko Sentral ng Pilipinas (BSP) and its retail partners recently installed…
Victorias City joins BSP’s digitalization efforts, launches Paleng-QR Ph plus
The City of Victorias in Negros Occidental recently launched the “Paleng-QR Ph Plus” in ceremonies held at the Victorias City…
GCash work benefits now include employees’ domestic partners and LGBTQIA+ individuals
Even though Pride Month has already been concluded last June, mobile e-wallet GCash has announced that it is extending the…
BSP reveals that e-wallets now make up more than 40% of retail transactions in PH
Physical restrictions have been put in place during the epidemic to prevent people from becoming infected; as a result, mobile…
Home Credit sees a bright future in PH following the recent acquisition of Japanese and Thai banks
Home Credit could soon be expanding its consumer lending portfolio in the Philippines as it collaborates with its new shareholders…
MPay receives the green light to cooperate with GCash in PH and other e-wallets in Asia
Macau Pass payments (MPay) has just been officially approved to provide acquiring services to Alipay+ from its market-leading e-wallet partners…
PESONet and InstaPay designated as PIPS, to go under closer BSP monitoring
With PESONet and InstaPay’s fast growth due to lockdowns during the pandemic, the Banko Sentral ng Pilipinas (BSP) has designated…
Fintech industry seen as driving force for the growth of B2B payments in APAC
In the midst of the COVID-19 pandemic, people have become drawn more into digital transactions. This prompted the sudden shift…