digital-payments | ABS-CBN News

BSP 'confident' in hitting digitalization targets

ABS-CBN News
Posted at Dec 28 10:26 AM

The Bangko Sentral ng Pilipinas said on Tuesday it is confident it can achieve its digitalization goals ahead of 2023. Read more »

Show your online customers that your biz is 'legit'

PayMaya
Updated as of Dec 22 08:47 PM

Let your customers know your business is legit by becoming a PayMaya Verified Seller today. Read more »

Paano magpadala ng pera kahit saan ka man sa bansa

PayMaya
Updated as of Dec 22 10:13 AM

Talagang mapapasayaw ka sa dali ng remittance experience na ito. Read more »

BSP to halt new e-money applications on Dec. 16

Jessica Fenol, ABS-CBN News
Posted at Dec 02 04:05 PM

The Bangko Sentral ng Pilipinas said Thursday it would close the applications for new non-bank electronic money issuers (EMI) on Dec. 16. Read more »

Bangko Sentral eyes 'offline' digital payments

ABS-CBN News
Posted at Nov 30 05:12 PM

The Bangko Sentral ng Pilipinas on Tuesday said it is eyeing offline digital payment solutions to enable transactions without the need for internet connection. Read more »

Union Bank's digital bank gets SEC approval

ABS-CBN News
Posted at Nov 29 12:12 PM

Union Bank on Monday said the Securities and Exchange Commission has approved the incorporation of its digital bank UnionDigital. Read more »

BSP eyeing central bank digital currency use in 'near future'

ABS-CBN News
Updated as of Nov 16 12:57 PM

The Bangko Sentral said it is eyeing the use of central bank digital currencies (CBDC) but for wholesale transactions not retail in the "near future." Read more »

BIR to strengthen fintech tax regulations

ABS-CBN News
Posted at Nov 12 05:22 PM

The Bureau of Internal Revenue will strengthen tax regulations for the financial technology industry as online transactions continue to gain traction during the COVID-19 pandemic, the Finance Department said Friday. Read more »

BSP eyes cross-border payment pact with Malaysia, Thailand

Warren De Guzman, ABS-CBN News
Posted at Nov 12 05:08 PM

The BSP is looking to make it easier for Filipinos to transact with businesses and individuals across the ASEAN region. Read more »

PH, Singapore ink deal for seamless cross-border payments

ABS-CBN News
Posted at Nov 11 05:15 PM

The Bangko Sentral ng Pilipinas on Thursday said it signed a deal for seamless cross-border payments between the Philippines and Singapore. Read more »

LANDBANK allows users to pay via QR code

ABS-CBN News
Posted at Nov 02 04:06 PM

Users of Land Bank of the Philippines' mobile app can now pay using QR codes to over 20,000 participating stores nationwide, it said Tuesday. Read more »

1 in 5 payments now digital, says BSP

Jessica Fenol, ABS-CBN News
Posted at Oct 18 06:49 PM

One in 5 payments in the Philippines is now done digitally as the country moves towards its digitalization goals, the central bank said. Read more »

QR tech paving way for 'cash-lite' economy: BSP

ABS-CBN News
Posted at Oct 13 02:49 PM

The QR Ph Person-to-Merchant payment facility will pave the way for a "cash-lite" economy, the Bangko Sentral ng Pilipinas said Wednesday. Read more »

PayPal buying Paidy, Japanse buy now pay later for $2.7-B

Agence France-Presse
Posted at Sep 08 01:26 PM

US online payment giant PayPal is set to buy the online Japanese credit specialist Paidy for $2.7 billion, the US company said in a statement. Read more »

DTI, private sector: PH can be e-commerce leader in Southeast Asia

Jasmin Romero, ABS-CBN News
Posted at Jul 23 01:52 AM

MANILA - The government and the private sector believe the Philippines has a good chance of becoming an e-commerce leader in Southeast Asia.   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 »

Voyager secures $167-M for PayMaya foray into financial services, digital banking

ABS-CBN News
Updated as of Jun 28 07:50 PM

Voyager secured new investment from IFC Financial Institutions Growth Fund, which is part of the World Bank Group, PLDT said.  Read more »

Fintech may breed Philippines' next unicorn: analyst

ABS-CBN News
Posted at May 20 02:48 PM

In the Philippines, some fintech firms may be poised to achieve unicorn status, according to an analyst in Singapore. Read more »

PayPal earnings soar on e-commerce boom

Agence France-Presse
Posted at May 06 10:54 AM

PayPal on Wednesday reported record quarterly profit as the online financial transactions service benefited from an e-commerce trend boosted by the pandemic.   Read more »

Greenergy acquiring majority stake in ABS-CBN fintech subsidiary

ABS-CBN News
Posted at Mar 01 03:26 PM

Greenergy said it has executed a legally binding term-sheet agreement with ABS-CBN and iBayad Online Ventures to acquire 51 million fully paid common shares of U-Pay Digital Technologies Inc. from ABS-CBN.  Read more »