artificial coin shortage

The BSP's Coin Deposit Machines or CoDMs

News, Payment

Coin deposit machines gain traction, reaching over P18.8M deposits since launch in June

calendar_today August 7, 2023 schedule 3 min read

The Bangko Sentral ng Pilipinas (BSP)'s Coin Deposit Machines (CoDMs) have started to gain traction, with a number of Filipinos heeding the central bank's call. Read More...

BSP Governor Felipe Medalla and Robina Gokongwei-Pe trying out the new CoDM

News, Payment

BSP, retail partners launch CoDM Project in various malls throughout the country

calendar_today July 19, 2023 schedule 3 min read

In an effort to increase coin circulation nationally, the Bangko Sentral ng Pilipinas (BSP) and its retail partners recently installed Coin Deposit Machines (CoDM) in. Read More...