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BIR urged to 'catch up' with peers on digital tax

ABS-CBN News
Posted at Oct 26 01:12 PM

The DOF has asked the BIR to study the digital tax practices in other countries as the number of online sellers and social media influencers continue to grow. Read more »

Bangko Sentral says digital banking catalyst for financial inclusion

ABS-CBN News
Posted at Jul 28 02:56 PM

Digital banking is helping the Philippines achieve its financial inclusion goal which is essential to economic growth, the Bangko Sentral ng Pilipinas said Wednesday. Read more »

LIST: BSP updates list of banks extending free transfers for 2021

ABS-CBN News
Posted at Jan 12 01:58 PM

The Bangko Sentral has updated its list of local banks extending the free interbank transfers this year through PESONet and InstaPay. Read more »

LIST: Banks waiving interbank transfer fees

ABS-CBN News
Posted at Dec 29 05:35 PM

Several banks have announced that they will be waiving interbank transfer fees via Instapay and PESONet to encourage online transactions amid the continued threat of COVID-19.   Read more »

PNB offers free bank transfers via Instapay, PESONet until March 31

ABS-CBN News
Posted at Dec 29 12:43 PM

Philippine National Bank (PNB) is extending its free bank transfers using Instapay and PESONet up to March 31 to encourage online banking to avoid the spread of COVID-19. Read more »

Metrobank waives fees for Instapay, PESONet until March 31

ABS-CBN News
Posted at Dec 28 01:04 PM

Metrobank announced Monday that it is waiving fees for interbank transfers using Instapay and PESONet up to March 31 next year to encourage clients to use online transactions amid the COVID-19 crisis.   Read more »

ChinaBank, UnionBank extend free interbank transfer until Mar 31, RCBC until Jan 31

ABS-CBN News
Updated as of Dec 23 09:37 PM

ChinaBank and UnionBank have announced they will extend free interbank transfer until Mar. 31, while RCBC will also extend until Jan. 31 next year. Read more »

Senators urge banks to extend free online transfer fees during pandemic

Katrina Domingo, ABS-CBN News
Posted at Oct 01 03:20 PM

Several senators on Thursday urged banks and mobile payment providers to extend the suspension of fees for digital transactions while the government is still grappling with the coronavirus disease 2019 (COVID-19). Read more »

LIST: Banks that are waiving online transfer fees until yearend

ABS-CBN News
Posted at Sep 30 09:38 PM

Several banks, including the country's second-largest bank in terms of assets, will waive online transfer fees until the end of the year. Read more »

LIST: Updated list of banks, e-money issuers with waived PesoNet, InstaPay fees

ABS-CBN News
Posted at Aug 04 05:31 PM

The Bangko Sentral ng Pilipinas on Tuesday released the updated list of banks, financial institutions and e-money issuers that waived fees for PesoNet and InstaPay fund transfers. Read more »

Panukalang 'digitax' magpapahirap lalo sa mga Pilipino: Makabayan bloc

ABS-CBN News
Posted at Jul 30 07:09 PM

Sabi ni House Deputy Minority Leader Carlos Isagani Zarate, sapul ng panukala ang mahihirap na pamilya.  Read more »

Going digital only way to boost PH economy: budget chief

Arianne Merez, ABS-CBN News
Posted at Jul 15 03:03 PM

Digitalization is among the priorities of the government under its proposed P4.3 trillion spending plan for next year, Budget Secretary Wendel Avisado said. Read more »