The Bangko Sentral ng Pilipinas (BSP) is set to introduce its Request to Pay (RTP) and Direct Debit facilities this…
real-time payments
The Bangko Sentral ng Pilipinas (BSP) has fully automated the Intraday Settlement Facility (ISF) for financial institutions, targeting to expedite…
In the Philippines, real-time payments have experienced considerable growth in recent years. In 2023, instant payments accounted for 47.2% of…
The Bangko Sentral ng Pilipinas (BSP) has mandated all participants in its peso real-time gross settlement (RTGS) payment system to…
Bangko Sentral ng Pilipinas (BSP) governor Felipe M. Medalla believes payment connectivity between the five largest economies of the Association…