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…
BSP considers reducing fees on e-payments
Citing the objective of the Digital Payments Transformation Roadmap 2020-2023, the Bangko Sentral ng Pilipinas (BSP) is considering lowering transaction fees for e-payments and other platforms. “I am sure that…
Gov’t, business leaders push for transition to e-payments
Government officials and business leaders believe that digital payments or e-payments will “bring economic growth and create a more inclusive Philippines.” This was revealed during the virtual dialogue “Advancing E-Payments…
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