Quoting the 2019 Financial Inclusion Survey, personal finance app Tala said the Bangko Sentral ng Pilipinas (BSP) announced that 51.2 million Filipinos, or 71% of the total adult population, remain unbanked. As […]
Online transactions with the Land Registration Authority (LRA) may soon be paid using a PayMaya account or any credit or debit, and prepaid card, as well as other e-wallets. The LRA has […]
The country’s top revenue-generating government agencies are now enabled by PayMaya, providing citizens and businesses with a safer and better way to transact using digital payments, both online and face-to-face. “With PayMaya […]
Digital financial service provider GCash, together with mobile-first life insurer Singlife Philippines, is giving away free health insurance through GInsure to over 20 million eligible Filipinos for free. With GInsure Cash for […]
Just two years after it was launched, UBX Philippines (UBX) open finance platform i2i (island-to-island, institution-to-institution, individual-to-individual) has served the unbanked and underbanked individuals in financially underserved communities across the Philippines. UBX […]
Paynamics, a PH-based global payments technology company, and FDFC, the fintech company behind Buy Now Pay Later (BNPL) app BillEase, partnered to offer card-free installment solutions for online retailers in the Philippines. […]
Philippines Voyager Innovations, the technology company that operates digital financial platform PayMaya received new funding of $167 million from KKR, Tencent, IFC Financial Institutions Growth Fund, and PLDT inc. According to Voyager, […]
Smart Padala by PayMaya’s Claim Anywhere service allows customers to walk in and collect funds at any of the over 40,000 Smart Padala agents across the country. With this new Claim Anywhere […]
With more companies turning to digital platforms and offering contactless payments, mobile marketing analytics company AppsFlyer’s study the overall demand for fintech apps increased by 68% between the first quarter of 2020 […]
Indonesian fintech firm Xendit continues to provide individual business owners with a payment platform that is easy to navigate and use. “The pandemic has seen a rise in individual sellers who utilize […]
State-owned Development Bank of the Philippines (DBP) taps PayMaya to provide end-to-end digital payment solutions firm to its partners in the public sector such as national government agencies, local government units (LGUs), […]
UNOBank, a fintech with headquarters in Singapore, secured a license from the Bangko Sentral ng Pilipinas to operate a digital bank in the country. UNObank is managed under fintech holding company, DigibankASIA […]
Launched in 2004, Ventaja International Corp. (Ventaja) began operations as a PEZA-registered IT company. The company developed platforms to serve the huge demand for long-distance calls by exporting telecom prepaid cards from […]
Neobank or digital bank Tonik said it was able to secure a digital bank license from the Bangko Sentral ng Pilipinas (BSP). In December 2020, BSP released the guidelines for digital banks […]
EastWest will launch what is considered to be the first-ever customizable app-based, on-demand life insurance in the Philippines. Troo Flex will be exclusively available through Komo, the group’s fully digital banking service, […]
Through a tie-up with Pioneer Insurance, PayMaya is giving its users free COVID-19 plus Personal Accident insurance coverage for one month worth P150,000 when they use their PayMaya account for safe cashless transactions from May 5 to June […]
The COVID-19 pandemic not only accelerated companies’ digital transformation but may have also increased consumer awareness in terms of digital services available today. The Visa Consumer Payment Attitudes study shows “over 8 […]
Union Bank of the Philippines’ (UnionBank) fintech arm UBX is once again recognized as the Fastest Growing Fintech Company in Southeast Asia for 2021 by the Global Banking and Finance Review, a […]
The Philippine Red Cross (PRC) ties up with PayMaya in providing people another option to pay for their COVID-19 test. Filipinos can use any credit, debit, and prepaid card, as well as […]
Pera transaction app Bayad was granted a license by the Bangko Sentral ng Pilipinas (BSP) to operate as an Electronic Money Issuer (EMI). Use of e-wallets or electronic wallets skyrocketed during the […]
Xendit, a financial technology company that provides payment solutions to businesses, recently launched PayLater, a cardless credit program that allows users to safely and seamlessly avail themselves of small loans when making […]
Filipinos can now settle payments at over 550 billers using the PayMaya app, the most number and widest range of billers offered by a Philippine e-wallet to date enabling consumers with a […]
Digital financial services firm PayMaya introduced an additional feature in its app — PlayMaya — intended to entice more mobile gamers to use the app and offer them a seamless gaming experience. […]
On track of its target of doubling transactions to 2 trillion this year, Globe Fintech Innovations Inc.’s (Mynt) GCash expands its in-app products and services transforming the platform into a lifestyle and […]
Philippine mobile wallet firm GCash is looking at doubling its gross transaction value target to over P2 trillion this year from P1 trillion in 2020 as more consumers embrace cashless transactions amid […]
Bux’s 100,000 partner merchants can now accept QR payments adding more cashless payment options to consumers. Bux universal QR payments hope to encourage more people to opt for cashless transactions pushing financial […]
Digital financial services company PayMaya is the first financial technology firm in the country to adopt QR Ph for merchants, the national quick response (QR) code standard for consumer-to-business payments launched by […]
Lending institution Asialink Finance Corp. (AFC) is now the pioneer partner of the DiskarTech financial app for the Philippines’ first loans marketplace offered by a local universal bank. Rizal Commercial Banking Corp. […]
Digital financial services company PayMaya is making it even easier for overseas Filipinos to pay for government fees and for their family’s utility bills through the PayMaya e-wallet app. PayMaya opened this […]
RCBC’s mobile banking app DiskarTech has tapped Ayannah Business Solutions Inc. (Ayannah) to deliver more relevant financial products and services to Filipinos from around the world. With this partnership, Diskartech users will […]
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