Payments
Dragonpay Taps TripleA to Offer Crypto Payments to Filipino Merchants
Philippines’ payments firm Dragonpay announced that it has partnered with TripleA to roll out crypto payments to thousands of merchants in the country. With the low penetration of credit cards and banking services in the Philippines, Dragonpay aims to bridge
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BSP Deepens Industry Partnership to Roll Out Payments Digitalisation Initiatives
The Bangko Sentral ng Pilipinas (BSP) and the payment systems industry are set to rollout an array of initiatives that are expected to further advance payments digitalization and financial inclusion in the country. “The BSP will continue to work with
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Manny Pacquiao Releases Limited Edition Digital Payments Card PacPay for Fans
Pac Technologies, a Singapore-based startup founded by boxing champion and senator Manny Pacquaio, has launched a limited edition digital card PacPay that is targeted at his fans. With PacPay, fans who subscribe to the digital card can deposit funds and
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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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