The Bangko Sentral ng Pilipinas’ (BSP) Monetary Board has named PESONet and InstaPay as Prominently Important Payment Systems…
Payments
Explore the latest Philippines payments news, featuring updates on payment solutions, mobile payments, and fintech innovations in the payments sector.
The share of digital payments to total retail payments volume in the Philippines rose to 30.3% in 2021…
In the midst of the Covid-19 pandemic, a 2020 McKinsey report projected that Asia’s payments sector would be…
The use of EGov Pay, a system that enables digital payment for government services, jumped by 467 percent…
The Bangko Sentral ng Pilipinas (BSP) and the Philippine Payments Management Inc. (PPMI) will launch three e-payment streams…
The Bangko Sentral ng Pilipinas (BSP) says the issuance of the executive order on the adoption of digital…
Peppermint Innovation, an Australian fintech listed on the ASX, announced that its subsidiary has secured an Electronic Money…
Singapore-based payments firm Spenmo announced that it has secured a Operator of Payment System (OPS) license from the…
Voyager Innovations, the company behind the Philippines digital wallet PayMaya and neobank Maya Bank, has raised US$210 million…
Bangko Sentral ng Pilipinas-licensed UNO Digital Bank announced that it is partnering with Mastercard to issue virtual and…
Velo Labs, a blockchain-based financial protocol enabling digital credit issuance and borderless asset transfer for businesses, and the…
In Asia Pacific (APAC), the rapid development of cross-border e-commerce has fueled demand for cross-border payment capabilities and…
The Bangko Sentral ng Pilipinas (BSP) supports President Rodrigo Duterte’s executive order to institutionalise the acceptance of the…
Payments Network Malaysia (PayNet), the national payments network and shared central infrastructure for Malaysia’s financial markets, has named…
Self-service kiosks are a safer alternative, especially in today’s challenging times of COVID-19 because they are contactless. It…
Philippines’ payment processing startup PayMongo announced that it has secured US$31 million in a Series B funding round.…
The Bangko Sentral ng Pilipinas (BSP) has issued guidelines on the settlement of electronic payments under the National…
Digital payments transaction value is growing exponentially and is expected to climb to US$5.6 trillion in Asia by…
Fintech Alliance.ph, a coalition of fintech and digital companies, has tagged a proposed bill in the House of…
Philippines digital wallet PayMaya is accelerating the rollout of the QR Ph P2M (person-to-merchant) payment facility across its…