News

Sari-sari stores seen as portals to Philippines' cashless future

ABS-CBN News
Posted at Aug 23 08:39 AM

TrueMoney has deployed 16,000 basic point-of-sale terminals to as far as Tawi-Tawi on the Philippines southern tip, with plans to grow its network to 25,000 this year, said its country CEO, Jacqueline Van Den Ende. Read more »

GCash expands fastfood coverage to Wendy's

ABS-CBN News
Posted at Jul 31 04:01 PM

GCash, developed in partnership with Chinese billionaire Jack Ma's Ant Financial, is accepted in 15,000 outlets, Globe said. Read more »

Bangko Sentral bats for efficient retail payment systems

ABS-CBN News
Posted at Jul 27 07:27 PM

Bangko Sentral ng Pilipinas Governor Nestor Espenilla on Friday said that an efficient retail payment system has the potential to transform the economy.   Read more »

AirAsia plans to bring BigPay service to Philippines

Katrina Domingo, ABS-CBN News
Posted at Jul 21 05:52 AM

BigPay is AirAsia's answer to Tencent's WeChat Pay and Alibaba's Alipay, which allows users to scan and pay using their mobile phones. Both Chinese-backed platforms are available in the country. Read more »

BSP, hinihikayat ang publiko sa cashless payment

ABS-CBN News
Posted at May 23 02:51 AM

Pero para sa higit 30 porsiyento ng populasyon na walang bangko, paano kaya ito magiging posible? Read more »

Jack Ma, Chinese tech help PH slay cash as king of payments

Jessica Fenol and Joel Guinto, ABS-CBN News
Updated as of May 22 01:45 PM

Black and white signs have begun to pop up beside thousands of cash registers in the Philippines, enticing users to scan them with their smartphones to pay for anything from burgers to bikinis. Read more »

Chinese 'glocalization' of fintech underway: Ant Financial

ABS-CBN News
Updated as of May 04 11:54 AM

Ant Financial is helping other countries build their local version of its cashless payment technology that started in China, harnessing the potential of the mobile phone to make money services more inclusive, an official said Friday. Read more »

Bangko Sentral HQ goes 'cashless' with PayMaya

ABS-CBN News
Updated as of Apr 06 06:59 PM

The Bangko Sentral ng Pilipinas on Friday said its headquarters in Manila is going cashless by equipping merchants with digital payment facilities through its partnership with financial technology firm PayMaya.   Read more »

Chinese tourists driving WeChat Pay, Alipay growth in Philippines

Michelle Ong, ABS-CBN News
Updated as of Feb 19 05:58 PM

Chinese tourists are helping drive the growth of cashless payments using Tencent's WeChat in the Philippines, according to its Filipino partner, Asia United Bank. Read more »

The Six Fix: Ways a mobile wallet can be the best cash alternative for millennials

Globe GCash
Updated as of Nov 10 06:26 PM

It’s the generation to go cashless. Read more »

Philippines poised for shift to cashless payments

Michelle Ong, ABS-CBN News
Posted at Nov 03 09:04 AM

A young population and a fast-growing economy will help the Philippines shift to electronic commerce, a digital payment service provider said Friday. Read more »

Globe launches cashless payment service

Jessica Fenol, ABS-CBN News
Updated as of Oct 25 03:21 PM

Globe Telecom said Wednesday its subscribers could use their mobile phones for cashless transactions, even those without credit cards. Read more »

Philippines lags Southeast Asia in credit card use

Katrina Domingo, ABS-CBN News
Updated as of Aug 16 03:31 PM

The Philippines lags Southeast Asia in terms of cashless transactions, even as majority of Filipinos prefer it because of safety and convenience, according to a VISA study. Read more »

Ano ang 'cashless transaction' ng LTFRB?

ABS-CBN News
Posted at May 08 06:22 PM

Umaasa ang Land Transportation, Franchising and Regulatory Board (LTFRB) na mawawakasan ang operasyon ng mga fixer sa kanilang opisina matapos pasinayaan ang pasilidad para sa 'cashless transaction'. Read more »

LTFRB, Land Bank launch cashless payment to remove fixers

ABS-CBN News
Posted at May 08 03:02 PM

Transport franchise holders will soon be able to pay fees and fines through ATM or debit cards.   Read more »