Philippine-based online payments provider PayMongo has partnered with omnichannel merchant commerce platform Pine Labs to enable businesses to accept credit card installment payments through Mastercard Installments. This program will enable over 10,000 […]
Brankas, an open finance technology provider, has been appointed by Visa as its first regional partner to provide live access to its Open Data products. The two companies have been collaborating on […]
Online payment processing platform Paymongo taps Atome Philippines to expand its reach of Buy Now Pay Later services. The partnership enables PayMongo’s more than 10,000 merchant networks in the Philippines to offer […]
According to the latest e-payments data from the Bangko Sentral ng Pilipinas (BSP), digital payments grew by over 30% in 2021 from 20% in 2020. The rise in e-commerce is one of […]
The much older generation still has worries about security which prevent them from fully embracing digital payments. This is one of the findings in cybersecurity solutions firm Kaspersky’s research on digital payments. […]
More than half of e-finance users in Southeast Asia (SEA) believe that small and medium businesses (SMBs) should begin using digital payments for financial transactions. This is one of the findings of […]
Panublix was one of the recipients of the Xendit Startup Accelerator Program, acquiring fee waivers of $10,000 (or over P520,000) consumable for two years. A Philippine startup based in Iloilo, Panublix is […]
ShopeePay is enhancing and introducing new features as it saw significant user and user growth since it was first launched in 2019. According to its own data, there was an increase of […]
As proof that more and more Filipinos are embracing digital payments than before the pandemic hit, a Visa study found that 60% of Filipinos now are carrying less cash in their (physical) […]
The Bangko Sentral ng Pilipinas (BSP), together with the Philippine Payments Management Inc. (PPMI) launched the Multiple Batch Settlement (MBS) facility of the PESONet electronic fund transfer service. “This new feature enhances […]
Homegrown fintech startup NextPay has surpassed the P1-billion mark in terms of total transaction volume in 2021. Invoice payments, employee salaries, and vendor payments were the main drivers for this milestone. NextPay’s […]
With licenses issued to digital banks and digital payments adoption on the rise, the Bangko Sentral ng Pilipinas (BSP) sees that digitalization has the potential to ease the country’s inflation in the […]
Singapore’s ASEAN Fintech Group (AFG), a venture firm that specializes in fintech, announced its acquisition of Philippines digital payments provider JazzyPay valued at $1.8 million. A registered digital payments provider, JazzyPay is […]
To encourage and reward more entrepreneurs to grow and scale their business online, PayMaya, together with Shopify and PLDT Home Biz, have launched the Scale Up promo, offering attractive prizes to participating […]
The growth of phishing attacks mimicking e-payment pages was spotted in the run-up to the Black Friday period. The total number of financial phishing attacks disguised as e-payment systems more than doubled […]
ShopeePay, Shopee’s integrated mobile wallet, partners with more food and lifestyle brands to cater to the growing number of Filipinos patronizing e-commerce platforms and using mobile wallets as an alternative payment method. […]
According to Miguel Warren, VP and regional head for Southeast Asia at Payoneer, there are roughly 1.5 million freelancers in the Philippines and before the COVID-19 pandemic hit. The country ranked first […]
Real estate settlements platform AQWIRE has tapped B2B payment gateway Xendit in processing local payments through Direct Debit. AQWIRE customers can use their Philippine bank accounts (Bank of the Philippine Islands, Union […]
Digital financial services provider PayMaya won two major awards at the Philippines’ first-ever IDC Future Enterprises Awards. PayMaya was recognized for its innovations that have led to accelerated digital payments adoption across […]
E-wallet provider GCash, has launched an online shopping insurance, underwritten by PGA Sompo, with Singapore-based regional insurance technology (insurtech) Igloo, to protect its growing online customer base. Through this partnership with Igloo, […]
Online payment processor PayMongo becomes the first partner in the Philippines to join Visa’s Rapid Seller Onboarding program. This program simplifies the onboarding process and will enable small to medium enterprises (SMEs) […]
The key part that cashless payments are expected to play in boosting inclusivity and accessibility in the Philippines is one of several topical issues explored by Simoun Ung, CEO of OmniPay, in […]
Digital financial services leader PayMaya has expanded its cash in channels to over 90,000 touchpoints nationwide to enable customers will be able to easily fund their accounts, lowering barriers to digital payments […]
Global Brands Magazine (GBM), a leading UK-based organization that honors excellence by identifying the top brands across various industries, recognized UBX’s BUX as Best Digital Payment Facilitator – Philippines for 2021. More […]
The Bangko Sentral ng Pilipinas recognized PayMaya as an Outstanding Partner at the recently held 2021 Outstanding BSP Stakeholders’ Appreciation Ceremony, themed “Pagpupugay at Pagkilala…sa Gitna ng Hamon ng Pandemya.” “We give […]
Manila Doctors Hospital (MDH) tapped PayMaya to enable its healthcare system with digital payment technologies. From on-site medical checkups to drive-thru laboratory services and online health consultations, MDH patients can now experience […]
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 […]
To protect customers from financial-related scams such as cloning and skimming, universal bank EastWest and American multinational financial services corporation Visa now offer contactless features on credit and debit cards. “As a […]
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 […]
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 […]
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