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Amazon to end Visa card payments in UK over high fees

Agence France-Presse
Posted at Nov 19 08:38 AM

Online retail giant Amazon said it plans to stop accepting payments in the UK made with Visa credit cards, blaming the move on high fees. Read more »

GCash not keen having own digital bank

Art Fuentes, ABS-CBN News
Posted at Nov 15 08:54 PM

GCash said it has no plans of applying for a digital banking license like its main competitor as it prefers to remain a platform for other financial institutions. Read more »

GCash eyes launching 'buy now, pay later' service

ABS-CBN News
Posted at Sep 22 08:51 PM

Buy Now, Pay Later is a short-term financing service that lets consumers buy items and pay for them at a future date, often interest-free. Read more »

Crypto gains traction in porn amid OnlyFans drama

Agence France-Presse
Posted at Aug 30 10:40 AM

Porn stars, sex workers were taking a closer look at cryptocurrency payments in the wake of a series of troubles with the mainstream financial system. Read more »

GCash in no hurry for IPO, eyes more growth

Art Fuentes and Bruce Rodriguez, ABS-CBN News
Updated as of Aug 10 02:46 AM

Mynt, the operator of GCash, has no problems with fundraising and doesn’t “need to go public right now,” said the head of its parent firm. Read more »

Shopee says online payments surged 4x due to pandemic

ABS-CBN News
Updated as of Jul 15 03:18 PM

The pandemic-induced shift in consumer behavior in the Philippines resulted in e-commerce growth as well as a surge in online payments, Shopee Philippines Director Martin Yu said Thursday. Read more »

Nearly 100 percent of ITRs filed online this year- DOF

ABS-CBN News
Posted at Jun 03 03:09 PM

At least 1.43 million or nearly 100 percent of the total number of annual income tax returns (ITRs) for 2020 were filed online as the government beefs up its digitalization efforts, the Finance Department said Thursday. Read more »

EU set to unveil plans for bloc-wide digital wallet: Financial Times

Reuters
Posted at Jun 01 04:39 PM

The European Union (EU) is set to unveil plans for a bloc-wide digital wallet on Wednesday, following requests from member states to find a safe way for citizens to access public and private services online, the Financial Times reported. Read more »

Viber raising group video call capacity to 30 participants

ABS-CBN News
Posted at Apr 26 08:53 PM

Messaging app Rakuten Viber has expanded its group video call capacity to up to 30 participants from 20 previously, the company said on Monday. Read more »

PayPal allows US shoppers to make cryptocurrency purchases

Agence France-Presse
Posted at Mar 31 07:08 AM

PayPal on Tuesday began allowing people in the United States to use cryptocurrency to make purchases from millions of merchants that use the financial platform for online transactions. Read more »

Payment startups big winners of e-commerce boom

Benoit Toussant, Agence France-Presse
Posted at Mar 19 06:02 PM

They were little known before the pandemic, but startups in the flourishing digital payment industry are now worth a fortune as Covid-19 has forced people to increasingly embrace e-commerce. Read more »

Digitalization 'kept economic gears running' in 2020, says BSP chief Diokno

Jessica Fenol, ABS-CBN News
Posted at Feb 19 05:35 PM

The BSP has been pushing for the growth of online payments in the country with PesoNet and InstaPay under its National Retail Payment System. Read more »

Electricity bills, other charges now payable in ShopeePay

ABS-CBN News
Posted at Dec 04 04:54 AM

MANILA - Power users can now pay their electricity bills through Shopee's mobile wallet, ShopeePay. Read more »

Viber moves into fintech by offering e-payments on chat platform

Art Fuentes, ABS-CBN News
Posted at Nov 25 06:01 PM

Messaging company Rakuten Viber will soon let its users buy goods and services through its app, as the company makes a move into fintech.  Read more »

Google to integrate bank accounts in payments app

Agence France-Presse
Posted at Nov 19 06:59 AM

The internet giant said Wednesday it would be partnering with commercial banks and credit unions starting next year to allow users to manage mobile-based accounts through the Google Pay platform, in the latest move by tech giants into consumer finance.   Read more »

Kahit dumami online transactions, mga pumupunta sa Bayad Center mas marami pa rin

ABS-CBN News
Posted at Oct 17 03:15 PM

Kahit pa man tumaas ang demand sa online payment, nananatili pa ring marami ang mga nagpupunta sa online payment centers ng Bayad Center para magbayad ng mga bayarin, ayon sa ilang opisyal nito.  Read more »

Transaction fee sa mga online money transfer, inalmahan

ABS-CBN News
Posted at Oct 13 07:15 PM

Magkakaroon na ng transaction fee kapag maglilipat ng pera mula sa mga e-wallet papunta sa mga bangko. 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 »

Meralco waives P47 online payment fee for consumers in GCQ areas

Katrina Domingo, ABS-CBN News
Posted at Jul 06 01:43 PM

The Manila Electric Co (Meralco) on Monday has agreed to waive the P47-convenience fee for consumers who pay their bills online while the general community quarantine (GCQ) is still in place in Metro Manila and surrounding provinces. Read more »

Gatchalian wants Meralco to scrap P47 online payment charge

Katrina Domingo, ABS-CBN News
Posted at Jun 15 01:09 PM

The P47 convenience fee charged against consumers who pay their electric bills online should be scrapped, Sen. Sherwin Gatchalian, the Senate's Energy Committee chair, said Monday. Read more »