Payments
Neobank Netbank Joins the Mastercard Fintech Express to Become a Card Issuer
Netbank announced that it will join the Mastercard Fintech Express programme which gives it access to a vast range of the latter’s digital-first products and enabling it to issue debit and credit cards under its partners’ brands. Through the initiative,
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RCBC Reports Exponential Surge in Contactless Payments in the Past Year
Rizal Commercial Banking Corporation (RCBC) announced that it witnessed massive growth in its digital payments volume in the past year. The value of InstaPay and PESONet fund transfers of RCBC Online and its mobile banking app increased by 293% compared
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AirAsia Offers Digital Payment Option With GCash E-Wallet
AirAsia announced its partnership with GCash to provide its guests with a fast and convenient option to pay for their flights and other add-ons when booking through its app and website. Guests can now make secure mobile payments online by
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UnionBank to Enable Digital Payments for the Supreme Court
The Supreme Court of the Philippines (SC) signed a Memorandum of Agreement with Union Bank of the Philippines (UnionBank) for the bank to develop an ePayment solution for the Judiciary. The Judiciary ePayment Solution will involve an application designed to
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Philippines Securities Commission Unveils Online Payment Portal
The Philippines’ Securities and Exchange Commission (SEC) has launched its online payment system for companies to pay their registration fees. The newly developed SEC Payment Portal is a web-based system that allows for the payment of registrations, transaction fees, and penalties
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BSP Ramps up Efforts for Digital Payments Ecosystem; Appoints New Deputy Governor
The Bangko Sentral ng Pilipinas (BSP) has established the Payments and Currency Management Sector (PCMS) which is tasked to manage the interplay of physical currency and digital money in its push to establish a robust digital payments ecosystem. The PCMS
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Xendit Partners BillEase to Offer BNPL for Filipino Merchants
Indonesian payment gateway Xendit and FDFC, the fintech company behind the Buy Now, Pay Later (BNPL) app BillEase, announced the launch of their joint PayLater solution to help merchants offer cardless payment installments in the Philippines. The partnership with BillEase
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BDO Unibank Enables QR Code Withdrawals From Select ATMs
BDO Unibank announced that its customers can now make cardless, QR code-based withdrawals from select ATMs. Customers will have to login to their BDO banking app in order to generate a QR code. BDO said that each QR code is
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BillEase Integrates Buy Now, Pay Later Solution With Leading E-Commerce Platforms
Philippines startup First Digital Finance Corporation (FDFC), announced its partnership with prominent e-commerce platforms Shopify, Magento, Prestashop, and WooCommerce to bring BillEase which is its “Buy Now, Pay Later” (BNPL) solution to online retailers in the Philippines. Merchants that use
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JazzyPay and GCash to Provide Cashless Payment Option for Essential Businesses
Philippine fintech startup JazzyPay has partnered with e-wallet GCash to provide cashless payment solutions to essential businesses. The GCash payment facility is now directly integrated into JazzyPay’s PCI DSS Level 1 compliant platform as a payment method for hospitals, clinics, schools,
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