BSP approves amended guidelines for e-payments
The Monetary Board of the Bangko Sentral ng Pilipinas (BSP) has approved new guidelines for the “Settlement of Electronic Payments under the National Retail Payment System (NRPS) Framework.” This move…
Digital payments make up 30% of PH retail transactions in 2021
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…
Visa partners with Revolut to drive rapid global expansion
Visa and Revolut, a fintech company in Europe, announced recently a new agreement that will help the latter expand its business globally. Leveraging Visa’s brand, scale, and global acceptance footprint,…
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