February 14, 2020 – Soon, Filipinos can conduct real-time cash deposits and withdrawals in 7-Eleven outlets in the Philippines, to be made possible by its “cash-recycling” ATMs. According to Philippine Seven Corporation, it inked an agreement with the Japanese PITO AxM Platform (PAPI) to deploy “cash-recycling” ATMS in 7-eleven outlets across the country, with the…
The event is set to gather experts in banking, industry transformation, and financial inclusion. Festival Highlights include a “Tech Experience Zone” and 3 “Festival Tracks”. For the “Tech Experience Zone”, which is the festival’s main highlight, it will provide an interactive experience on how they may be applied to industries and ent
PayMaya users can get as much as Php 6,000 in cashback through various promos in the app.
ConsenSys explains this move is needed so that the company can prioritize the development of its infrastructure platforms.
Many are speculating the ban is because the user might have used a “mixer service”.
The attacker must have physical access to the device for them to be able to do it.
In a separate report, blockchain analytics company Chainalysis said $4 billion in bitcoin was sent through payment processors in 2019. Ether and the other cryptos only make up a small percentage of the transactions.
In 2014 BitSpark, together with the Philippines Rebit.ph (a product of SCI Ventures) piloted a remittance corridor between Hong Kong and the Philippines.
As a pure digital banking business, it will have electronic payment and financial services plus cloud-based core banking licenses from the Bangko Sentral ng Pilipinas (BSP).
Paymaya said further that digital payments must become better than cash and that consumers must have a more rewarding experience.
