by Alexis Tuble, Correspondent Amid the rapid growth of digital banking and e-wallet usage in the Philippines — which accounted for over 52.8% of the total volume of retail transactions in 2023, up from 42.1% in 2022, cyber threats are becoming increasingly serious, posing significant risks to both public funds and trust. This surge highlights […]
Palawan Group of Companies, the leading pawnshop and remittance service provider in the Philippines, has achieved outstanding recognition at the prestigious Asian Banking and Finance (ABF) Fintech and Retail Banking Awards. Executives of Palawan Group of Companies led by Third Librea (third from left), President and CEO of Palawan Financial Services Corp., and Bernard Kaibigan […]
Macau Pass payments (MPay) has just been officially approved to provide acquiring services to Alipay+ from its market-leading e-wallet partners based in the Philippines, Malaysia, and Thailand. This means that in addition to Alipay, AlipayHK, WeChat Pay, Simple Pay, and other e-wallets launched by other banks in Macau, Macau Pass payment devices can now also […]
No one is paying cash any more. Covid-19 has made sure of that. No big deal. I accept plastic for my small business. But now more people are waving their smartphones to pay for things. I was alarmed that even my usual customers were now looking to pay through their devices. I didn’t notice it […]
by Bheaa Baarde, Correspondent Cashless transactions, as well as buying products or services online, are getting more common nowadays. I was one of those hesitant at first to engage in such transactions because of the fear of possible scams and other cybersecurity threats. Fast forward to today, or two years later, and who would have thought […]
As a small business owner, you may have the habit of checking out the competition and other businesses. You may have noticed a few customers waving their smartphones at funny-looking pictures, which are called QR codes. What the customers are doing is making a payment through their e-wallets. What is an e-wallet, you ask? For those […]
