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Why you should get a credit card in the new normal

Moneymax.ph
Posted at Jun 05 01:40 PM

Aside from face masks, sanitizers, and other essentials, there’s one thing you should have in today’s new normal: a credit card.  Read more »

'Cashless' pamasahe bagong sistema sa ilang public transpo kontra COVID-19

ABS-CBN News
Updated as of May 28 06:40 PM

Pero sakaling magbalik-pasada na, hindi na papayagan pang muli ang pagbabayad ng cash bilang pag-iingat sa pagkalat ng coronavirus disease 2019 (COVID-19). Read more »

Grab explores P5 'disinfection fee' when ride-hailing resumes

Jessica Fenol, ABS-CBN News
Posted at May 28 02:43 PM

Grab Philippines said Thursday it had not sought a fare increase when operations resume and instead proposed a "disinfection fee" or P5 per ride. Read more »

Money lessons you can learn from using a money app

Moneymax.ph
Posted at May 27 04:15 PM

Find out what you can learn from using a money app on a regular basis.  Read more »

PayMaya to equip taxis with cashless payment capability

ABS-CBN News
Posted at May 27 11:49 AM

PayMaya said Wednesday it partnered with transport authorities to equip taxi drivers with cashless payment options required under the new normal. Read more »

BDO 'working hard' to fix digital channels clogged by surge in transactions

ABS-CBN News
Updated as of May 22 08:22 PM

The BSP has urged Filipinos to use digital platforms to transact while on lockdown. The BSP's PesoNet and InstaPay platforms allow bank to bank "cashless" transfers.  Read more »

'Cashless' GrabTaxis to resume in Baguio, Naga on May 22

ABS-CBN News
Updated as of May 22 11:21 AM

Grab Philippines said Friday its GrabTaxi service would resume operations in the cities of Baguio and Naga after quarantine guidelines were relaxed. Read more »

GCash to help taxis shift to cashless payments: transport dept

ABS-CBN News
Posted at May 22 09:35 AM

The DOTr and the Land Transportation Franchising and Regulatory Board partnered with GCash to equip taxis with its scan to pay technology using QR codes, the agency said in a statement. Read more »

Contactless, cashless transactions take hold during lockdown: Entrego

ABS-CBN News
Posted at May 08 10:11 AM

Delivery firm Entrego said Friday the coronavirus pandemic hastened consumers' shift to contactless and cashless transactions that will soon become the new normal.   Read more »

How the COVID-19 pandemic is changing the way we bank

Moneymax.ph
Posted at May 06 03:50 PM

Here are just some of the innovations that are changing the way we bank amid the COVID-19 pandemic.  Read more »

BSP waives fees for e-payment, digital finance applications

ABS-CBN News
Posted at Apr 28 12:42 PM

The Bangko Sentral ng Pilipinas said Tuesday it would suspend fees for applications to offer electronic payment and financial services as part of a push for digital transactions during the COVID-19 pandemic. Read more »

Paymongo rides lockdown demand to grow transaction 4 times

ABS-CBN News
Posted at Apr 23 12:06 PM

Businesses are seeking solutions to continue serving consumers despite the lockdown and are using the Paymongo platform for online payments, its co-founder and CEO Francis Plaza told ANC.    Read more »

Voyager Innovations raises $120 million additional funding for PayMaya expansions

ABS-CBN News
Posted at Apr 06 06:20 PM

Its stakeholders PLDT Inc, KRR, China's Tencent, IFC and IFC Emerging Asia Fund committed up to $120 million new investments in Voyager, operator of PayMaya, the groups said in a joint statement.  Read more »

Citi offers new cashless option with PayAll

ABS-CBN News
Updated as of Feb 18 05:33 PM

Citi customers can pay for rent, professional fees, tuition and membership dues as well as select insurance payments with their credit cards by tapping Citi PayAll in the bank's mobile app, Citi Philippines banking head Manoj Varma said.   Read more »

Mga mamimili, pinag-iingat sa mga naglipanang magnanakaw ngayong Pasko

ABS-CBN News
Posted at Dec 19 02:34 AM

Dumarami na ang naeengganyong gumamit ng credit o debit card sa pamimili kumpara sa cash na pwedeng madukot o manakaw. Read more »

Scam-proof your digital wallet with these pro tips

Jessica Fenol, ABS-CBN News
Updated as of Nov 19 08:13 AM

Digital natives are among the first to embrace the cashless future and they shared with ABS-CBN News some tips to ease the pain out of digital payments while keeping their virtual wallets safe. Read more »

Money you can't touch: Filipinos ease into cashless, digital wallets

Jessica Fenol, ABS-CBN News
Updated as of Nov 18 01:33 PM

As digital wallets like GCash and PayMaya and online shopping platforms like Shopee and Lazada make the case for a cashless future, Filipinos, especially those who are not too digital-savvy, seek reassurance that the platforms are safe.   Read more »

Chinese shoppers adopt facial payments in cashless drive

Helen Roxburgh, Agence France-Presse
Posted at Sep 04 02:06 PM

No cash, no cards, no wallet, and no smartphones: China's shoppers are increasingly purchasing goods with just a turn of their heads as the country embraces facial payment technology.   Read more »

Streaming, ride-hailing drive cashless payments growth in Philippines: Visa

Jessica Fenol, ABS-CBN News
Posted at Aug 29 01:10 PM

Interest in the use of credit cards for payment rose to 75 percent in 2018 from 47 percent in the previous year, based on Visa's Consumer Payments Attitudes Study with 500 respondents. Read more »

In high-tech Japan, cash is still king

Anne Beade, Agence France-Presse
Posted at Aug 21 06:11 PM

Four out of 5 purchases are still made with cash in Japan, despite its reputation as a futuristic and innovative nation. In South Korea, some 90 percent of transactions are digital, while Sweden aims to be a cashless society as early as 2023. Read more »