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Latest: SinglifeNextGen redefines legacy: Digital whole life plan offers Filipinos up to ₱6-M in coverage Latest: Tech for better business: How technology is transforming commerce in the Philippines Latest: Blockchain enters public works: PH tests digital budget tracking system Latest: Diwa AI showcases the future of research at IGNITE 2025: Gateway ASEAN Latest: Google’s ‘Quantum Echoes’ scores breakthrough on Willow Chip: a leap toward real-world discovery Yesterday: BSP cuts key rate as inflation eases while external pressures persist Yesterday: Tonik accelerates growth via TSE startup program Yesterday: SEC sounds alarm on rise of unauthorized online investment schemes Yesterday: CIBI unveils advanced tier solution to help banks and lenders make smarter credit decisions Latest: SinglifeNextGen redefines legacy: Digital whole life plan offers Filipinos up to ₱6-M in coverage Latest: Tech for better business: How technology is transforming commerce in the Philippines Latest: Blockchain enters public works: PH tests digital budget tracking system Latest: Diwa AI showcases the future of research at IGNITE 2025: Gateway ASEAN Latest: Google’s ‘Quantum Echoes’ scores breakthrough on Willow Chip: a leap toward real-world discovery Yesterday: BSP cuts key rate as inflation eases while external pressures persist Yesterday: Tonik accelerates growth via TSE startup program Yesterday: SEC sounds alarm on rise of unauthorized online investment schemes Yesterday: CIBI unveils advanced tier solution to help banks and lenders make smarter credit decisions

digital payments

By lifting the moratorium on licenses for new digital banks, the BSP (with image of its Manila office) has fortified the PH financial landscape

The Philippines’ digital finance showdown: Banks, e-wallets, and the race for supremacy

Special Report by Franzel Daleon, Correspondent The Philippine digital finance sector is ablaze with innovation, a battleground where digital banks, e-wallet titans, and legacy institutions clash for the hearts and wallets of digitally savvy Filipinos. From aggressive product launches to strategic alliances, the race is on to redefine the nation’s financial landscape. The Bangko Sentral […]

Photo of BSP Managing Director Rosabel B. Guerrero (second from left) together with Angeles City Vice Mayor Ma. Vicenta L. Vega-Cabigting (third from left), BSP Area Director Mark Jason A. Cagalingan, and a vendor who accepts digital payments

Angeles City rolls out Paleng-QR Ph Plus, sees hope for a much-awaited digital transformation

Angeles City in Pampanga has joined the growing list of local government units (LGUs) adopting the Paleng-QR Ph Plus initiative, a program designed to promote digital payments in public markets, public utility vehicles, and business establishments. Photo shows BSP Managing Director Rosabel B. Guerrero (second from left) together with Angeles City Vice Mayor Ma. Vicenta […]

Bllease advertisement showing a mobile phone with the app

PH fintech BillEase partners with AUB, integrates QRPh standard in its platform

BillEase, an on-demand consumer credit that provides financial products such as personal loans, e-wallet top-ups, prepaid load, and gaming credits, has recently integrated the national QR code standard, QRPh, into its platform through a partnership with Asia United Bank (AUB). IMAGE CREDIT: https://billease.ph/ This seamless integration empowers BillEase users to effortlessly scan any P2M QR code […]

BSP Deputy Governor Bernadette Romulo-Puyat together with BSP Managing Director Charina B. De Vera-Yap, Ilocos Norte Governor Matthew Marcos J. Manotoc, Laoag City Vice Mayor Rey Carlos V. Fariñas, and BSP North Luzon Regional Director Noel Q. Malimban during the launch of Paleng-QR Ph Plus in Laoag City

Laoag City launches Paleng-QR Ph Plus program to boost digital transactions

Last April 24, the City of Laoag initiated the Paleng-QR Ph Plus program to encourage digital transactions in public markets, transportation, and businesses in the city. Photo shows BSP Deputy Governor Bernadette Romulo-Puyat (center) together with (l-r:) BSP Managing Director Charina B. De Vera-Yap, Ilocos Norte Governor Matthew Marcos J. Manotoc, Laoag City Vice Mayor […]

Photo shows Monetary Board Member V. Bruce J. Tolentino while leading discussions on recent economic developments and issues at the RMCS in Cebu.

BSP strengthens ties with regional stakeholders, holds Macroeconomic Conference in Cebu City

Cognizant of its mandate to maintain monetary stability and the convertibility of the peso as well as promoting price and financial stability that is conducive to balanced and sustainable economic growth, the Bangko Sentral ng Pilipinas (BSP) has continued to strengthen its ties with regional stakeholders. In line with this, the BSP recently conducted its […]

Photo of BSP Deputy Governor Bernadette Romulo-Puyat and City Vice Mayor Rowena Bautista-Mendiola during the launch of the Paleng-QR Ph Plus program in Bacoor City.

Digital payments now accepted in Bacoor City’s public markets, sari-sari stores, and PUVs

Here’s great news for Bacooreños! The City of Bacoor in Cavite has just joined the Paleng-QR Ph Plus program of the Bangko Sentral ng Pilipinas (BSP), allowing residents and visitors in the city to conveniently pay in public markets, public utility vehicles (PUVs), sari-sari stores, and business establishments using QR codes and other forms of […]

Poster for HitPay with logo of all its partner establishments in PH

HitPay partners with PH-based super app GCash

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 […]

A man holding a mobile phone while making transactions using PESONet and InstaPay

BSP maintains cap on InstaPay and PESONet fees

The Bangko Sentral ng Pilipinas (BSP) has maintained the moratorium on InstaPay and PESONet fees, according to Monetary Board Resolution No. 1599 dated December 7, 2023. A man holding a mobile phone while making transactions thru InstaPay and PESONet Under BSP Memorandum No. M-2021-071 dated 28 December 2021, financial institutions that participate in the InstaPay […]

Poster of Paleng QR PH Plus which encourages the use of Quick Response (QR) PH to make and receive payment

Alaminos City Launches Paleng-QR Ph Plus

The City of Alaminos in Pangasinan has joined local government units (LGUs) that have adopted the “Paleng-QR Ph Plus” program to promote digital payments in public markets, public utility vehicles (PUVs), and business establishments. Alaminos City Mayor Arth Bryan C. Celeste and Bangko Sentral ng Pilipinas (BSP) North Luzon Regional Office (NLRO) Regional Director Noel […]

BSP Regional Director Tomas J. Cariño, Jr. while leading the launching of Paleng-Qr Ph Plus in Calamba City together with LGU officials in Laguna

Calamba City promotes digital payments, rolls out Paleng-QR Ph Plus

Market vendors, business establishments, and public utility vehicle (PUV) drivers in the city of Calamba in Laguna may now benefit from Paleng-QR Ph Plus after the city launched the program at Mercado de Calamba last November 20. Photo shows Bangko Sentral ng Pilipinas Regional Director Tomas J. Cariño, Jr. (third from left) while leading the […]