cashless-payments | ABS-CBN News

Grab says GCash partnership to boost cashless drive

ABS-CBN News
Updated as of Feb 06 10:19 AM

Grab Philippines partnered with mobile wallet GCash to boost its drive to promote a cashless economy, Grab Financial Group Philippines President Martha Borja said on Monday. Read more »

UnionBank backs 'Paleng-QR' initiative

ABS-CBN News
Posted at Sep 05 09:33 AM

UnionBank of the Philippines is enabling QR payment transactions to promote cashless payments in public markets. Read more »

BSP says digitalization seen to ease inflation

Jessica Fenol, ABS-CBN News
Posted at Jan 18 11:34 AM

The wider adoption of digital payments in the country is seen to reduce costs of production and distribution for businesses, the Bangko Sentral ng Pilipinas said. Read more »

SEC to implement zero face-to-face policy due to surge

ABS-CBN News
Posted at Jan 12 04:33 PM

The Securities and Exchange Commission said it would implement a zero face-to-face transaction policy in Metro Manila due to surging COVID-19 cases. Read more »

GCash, BPI to work closer amid digital competition: JAZA

Warren de Guzman, ABS-CBN News
Posted at Sep 24 04:34 PM

Jaime Augusto Zobel de Ayala said GCash and BPI have been instrumental in each others’ success and this collaboration will become more apparent over time. Read more »

PayMaya gets digital bank license from Bangko Sentral

ABS-CBN News
Posted at Sep 20 01:24 PM

PayMaya has secured a digital bank license from the Bangko Sentral ng Pilipinas, PLDT said on Monday. Read more »

Telco shares surge anew, a stock market trades flat

ABS-CBN News
Posted at Aug 26 02:47 PM

Share prices of Globe Telecom and PLDT continued to rise sharply on Thursday, with DITO CME Holdings and Converge ICT also outperforming the market. Read more »

Smart partners with PayMaya for 'seamless payments' on telco's app

ABS-CBN News
Posted at Jul 21 09:49 PM

PLDT-Smart said its GigaLife app, which lets subscribers buy load, pay their phone bills and check on the telco’s promos, is now better integrated with Paymaya through the app’s GigaPay feature.  Read more »

TODA drivers, market vendors enable cashless transactions

GCash
Updated as of Jun 24 02:56 PM

GCash continues to deepen partnerships with the Bangko Sentral ng Pilipinas (BSP), public sector entities and community organizations to provide access to financial services like QR on Demand, for a convenient and cashless payment option. Read more »

This fintech firm makes contactless payments easier with QR Ph

PayMaya
Updated as of May 04 03:06 PM

In line with BSP's goal of accelerating digital payments adoption, PayMaya merchants are one of the first to benefit from the accelerated rollout of QR Ph. Read more »

Contactless payments: OK bang alternative sa cash?

Moneymax.ph
Posted at Apr 29 09:12 AM

Sa panahon ngayon, hassle nang magbayad using cash. At dahil may pandemic, discouraged na ang any type of contact so hassle na ring mag-swipe ng card at pumirma ng resibo. Buti na lang may convenient option na pwedeng alternative sa mga traditional payment channel: contactless payment. Alamin kung ano ito in this short guide. Read more »

1 in 2 Filipinos shopped online for first time in 2020 amid pandemic: VISA study

Jessica Fenol, ABS-CBN News
Posted at Mar 18 06:24 PM

One out of 2 Filipinos shopped online for the first time last year, according to a VISA study released Thursday, amid the lockdowns imposed due to the pandemic. Read more »

Araneta City offers free RFID installation from Jan 23 to 31

ABS-CBN News
Posted at Jan 21 05:32 PM

Araneta City is offering free installation of AutoSweep RFID stickers from Jan 23 to 31. Read more »

Phoenix gas stations now offer RFID reloading

ABS-CBN News
Posted at Jan 06 10:14 AM

Phoenix Petroleum Philippines Inc said Wednesday their Phoenix gas stations are offering RFID reloading for motorists. Read more »

Lazada daily sales up 250 pct in 2020 with e-commerce boom amid COVID-19

ABS-CBN News
Posted at Dec 11 07:28 PM

Lazada said Friday daily sales grew by 2.5 times in 2020 on the back of e-commerce boom in the Philippines amid the stay-at-home lifestyle forced by the COVID-19 pandemic. Read more »

As pandemic forced lockdowns, groceries, pajamas among Lazada's 2020 best sellers

Nika Lazo, ABS-CBN News
Posted at Dec 11 05:23 PM

Online commerce site Lazada saw more sales in groceries, household items, and pajama sets, as millions of Filipinos were forced to stay at home during the coronavirus health crisis. Read more »

San Miguel adding 100 RFID installation sites to serve more motorists

ABS-CBN News
Posted at Nov 20 05:30 PM

San Miguel Corp (SMC) said Friday it will add 100 sites for RFID installation to serve more motorists in time for the shift to a cashless toll system by Dec. 1. Read more »

DOTr urges operators to hike RFID installation areas as Dec. 1 deadline for cashless toll nears

ABS-CBN News
Posted at Nov 06 01:10 PM

The Department of Transportation urged toll operators to increase RFID sites and speed up sticker installation in vehicles as the December 1 cashless toll system deadline nears.  Read more »

NLEX upgrading facilities for RFID contactless payments by Nov.2

ABS-CBN News
Updated as of Oct 15 02:57 PM

The operator of the North Luzon Expressway on Thursday said it is upgrading its facilities to ensure the NLEX’s 100 percent compliance with the shift with RFID payments by Nov. 2.   Read more »

'Remove fees' on card purchases except for fare load: LTFRB orders PUV, payment operators

ABS-CBN News
Updated as of Oct 07 03:58 PM

The Land Transportation Franchising and Regulatory Board on Wednesday issued a circular mandating PUV operators and automated fare collection system providers to "remove" charges for cashless cards except for fare or load. Read more »