Quick Take: BSP Considers Subscription Fees for Digital Payments to Lower Costs
This move aims to reduce transaction costs and support financial inclusion.
BSP Pushes for E-Payments Amid Lockdown and COVID-19 Pandemic
BSP said individuals and businesses can leverage both systems when paying or accepting payments.
PESONet Looking to Have Intraday, Instead of End of Day Money Transfers
ESONet is being prepared to handle multiple settlements in a day, starting with 2 – 3 settlements a day.
What is InstaPay and PESONet Philippines?
A government initiative with the BSP at the forefront, the National Retail Payment System (NRPS) promotes interoperability of products and services of financial institutions with one another.