BSP onboards first nonbank electronic money issuer as a Direct Peso RTGS participant
The Bangko Sentral ng Pilipinas (BSP) has reached another central banking milestone recently with the onboarding of OmniPay, Inc. to the roster of financial institutions that settle high-value transactions safely and instantly through the BSP-owned and operated PhilPaSSplus. On October 20, 2023, OmniPay, Inc. became the first nonbank electronic money issuer (EMI) participant in the BSP’s […]