According to Visa’s latest Consumer Payment Attitudes Study, the “cashless wave” continues to gain momentum in the Philippines as consumer spending habits shift away from cash dependence and move towards using cashless payments. IMAGE CREDIT: https://www.visa.com.ph/ The report found that one in three consumers, or 37 per cent of those surveyed, believes that the majority of Filipinos […]
In this digital era, payment gateways are essential for enabling smooth transactions for businesses in the Philippines. As the market continues to expand, it becomes increasingly important to identify the best payment gateway to provide a seamless and secure experience for both merchants and customers. Now here’s good news for small business owners who wish […]
Iloilo City has just launched “Paleng-QR Ph Plus,” a program that promotes digital payments in public markets and local transportation, during a ceremony held last November 23 at the Iloilo Terminal Market. The event was led by City Mayor Jerry P. Treñas, Bangko Sentral ng Pilipinas (BSP) Visayas Regional Office (VRO) Director Anna Clara M. Oville, […]
Cotabato City is now part of the Paleng-QR Ph Plus program of the government that promotes digital payments through quick response (QR) codes in markets and public transport hubs. The program launch was led by Cotabato City Mayor Mohammad Ali “Bruce” D. Matabalao, Bangko Sentral ng Pilipinas (BSP) Mindanao Regional Office (MRO) Director Judith G. […]
BMI Industry Research, a division of Fitch Group, is optimistic about the Philippines’ fintech industry, particularly its potential for reaping profits. Nevertheless, it also cautioned investors to be wary of the hazards. Based on the firm’s analysis, the risks are much higher in Indonesia and the Philippines, but these countries offer far more opportunities for […]
Physical restrictions have been put in place during the epidemic to prevent people from becoming infected; as a result, mobile e-wallets and digital banks that facilitate cashless payments have arisen and become extremely popular among Filipinos. Three years later, despite the removal of restrictions, digital payments are still popular. Most recently, Felipe M. Medalla, governor […]
Here’s good news for those who have grown accustomed to topping up their e-wallets using their BPI accounts. Just recently, the Bank of the Philippine Islands (BPI) announced that cash-in transactions using GCash will still remain free of charge. This is definitely a welcome development for Filipinos who have since started to adapt to digital […]
