Payments
Philippines SEC to Accept Only Digital Payments After February 2023
The Securities and Exchange Commission (SEC) announced that it will be making a complete shift towards digital payments by 1 February 2023. The public will have to use the eSPAYSEC that was launched in March last year to make payment of
Read More
Here’s How Fintech Is Modernising Digital Payments in the Philippines
The digital payments landscape in the Philippines has undergone significant growth and evolution in recent years. In 2015, the Bangko Sentral ng Pilipinas (BSP), the country’s central bank, introduced the National Retail Payment System (NRPS) to promote the development and
Read More
Direct Agent 5 Secures Crypto, E-Money and EPFS Licenses From BSP
Direct Agent 5 (DA5), a provider of remittance and forex services, has secured three licenses from the Bangko Sentral ng Pilipinas (BSP). Among them are approvals to operate as a Non-Bank Electronic Money Issuer (EMI), Virtual Assets Service Provider (VASP),
Read More
Coins.ph Rolls Out QR Payments Feature for Its 18 Million Users
Coins.ph, a Philippines’ digital wallet provider and crypto exchange platform, has launched a new QR payment feature that will allow its users to make convenient cashless payments to merchants and businesses throughout the country. Users can simply click “Pay with
Read More
BSP, Philippine Payments Management Launches ‘Bills Pay PH’
The Bangko Sentral ng Pilipinas (BSP) and the Philippine Payments Management (PPMI) launched “Bills Pay PH” in line with continuing efforts to digitalise the country’s retail payments landscape. Bills Pay PH facilitates digital transactions between accounts from different payment service
Read More
Cashless Philippines: Becoming a Cash-Lite Economy
The Philippines has been gaining tremendous momentum in its bid to become a cashless society. Such is the speed of the process that, according to the latest Visa Consumer Payment Attitudes Study, 92 percent of Filipinos have been using multiple cashless
Read More
Ingenico and Premise Partner to Provide Cash-Driven Merchants Digital Payment Solutions
Embedded banking platform Premise has partnered with French payments company Ingenico to provide digital payment solutions to cash-driven micro merchants across the Philippines. Premise will deploy Ingenico’s Android payment terminal to enable cashless payment methods, and link to its cloud-based
Read More
Two Filipino Fintech Leaders Recognised at SFF Global Fintech Awards
Two Filipino fintech companies’ leaders received awards at the recent Singapore Fintech Festival (SFF) Global FinTech Awards 2022 UNO Digital Bank Manish Bhai, Founder, CEO, was awarded the Top 10 FinTech Leaders award. Meanwhile, GeiserMaclang founder Cristina Amor Maclang walked
Read More
Australia vs New Zealand Payment Tech & What’s New in 2023
Australia and New Zealand. Two nations so alike, but in other ways so different; an antipodean version of the US and Canada, or England and Ireland. Finance forms one of those key differences, but the differences seen now are likely
Read More
NextPay Helps Medical Professionals Collect Payments and Manage Finances
Digital financial operations platform NextPay enables independent medical professionals to transact with their patients and suppliers, as well as collect, send and manage their money. Doctors and other healthcare professionals can accept payments from QR codes, e-wallet, debit, credit, and
Read More