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BSP likely to 'accomplish' digitalization goals by 2022: Diokno

ABS-CBN News
Updated as of Jun 01 03:50 PM

The Bangko Sentral ng Pilipinas could achieve its digitalization goals before the end of 2022, BSP Governor Benjamin Diokno said Tuesday. Read more »

BSP's digital dream: Electronic payments for sari-sari stores, tricycle drivers

ABS-CBN News
Updated as of May 07 10:52 AM

Part of the Bangko Sentral ng Pilipinas' digital transformation roadmap is to penetrate the micro level in terms of digital payments, Deputy Governor Mert Tangonan said Friday. Read more »

BSP bats for stronger, 'digitalized' post-pandemic economy

Jessica Fenol, ABS-CBN News
Posted at Apr 26 02:24 PM

The Bangko Sentral ng Pilipinas is working with the government not just in terms of pandemic recovery but also in building a stronger and "digitally advanced new economy", the central bank's chief said Monday.   Read more »

New fees to push banks to set up more ATMs in provinces: BSP

Bruce Rodriguez, ABS-CBN News
Posted at Apr 08 06:14 PM

The Bangko Sentral ng Pilipinas (BSP) said the new fee system for ATM services can help push banks to install more units in the provinces. Read more »

LIST: BSP says more banks extend waived fees for InstaPay, PESONet

ABS-CBN News
Posted at Apr 01 09:24 AM

The Bangko Sentral ng Pilipinas released late Wednesday an updated list of banks and their waved InstaPay and PESONet fees.    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 »

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 Jan 04 06:25 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 »

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 »

SSS says first batch of November 2020 pensions via PESONet released

ABS-CBN News
Posted at Oct 30 04:31 PM

The Social Security System said it would credit the first batch of November pensions on Oct. 30, Friday via its new disbursement method using the Philippine Electronic Fund Transfer System and Operations Network (PESONet) and other "checkless" channels. Read more »

Robinsons Bank extends piso-fee fund transfers until yearend

ABS-CBN News
Posted at Oct 14 05:54 AM

MANILA - Robinsons Bank will waive online transfer fees and extend its piso-fee fund transfer until the end of the year. 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 »

Bangko Sentral urges thrift banks to leverage 'limitless' potential of digital tech

ABS-CBN News
Posted at Oct 13 12:07 PM

Bangko Sentral ng Pilipinas Gov. Benjamin Diokno said Tuesday thrift banks should take advantage of the "limiteless" potential of digital technology including cloud banking.    Read more »

Bangko Sentral unveils digital payments roadmap

ABS-CBN News
Posted at Oct 12 10:32 PM

The Bangko Sentral ng Pilipinas on Monday said it wants to raise the share of digital payments to 50 percent of all retail transactions and expand financial inclusion to 70 percent of Filipino adults by 2023. Read more »

Can't 'impose' on banks to waive online transfer fees as BSP tells consumers it's cost of 'convenience'

ABS-CBN News
Updated as of Oct 05 12:02 PM

Bangko Sentral ng Pilipinas Gov. Benjamin Diokno said Monday they could ask but not order or impose on banks to waive fees for online money transfers as this forms "part of their business." Read more »

SSS to release pensions via PESONet starting October, drops issuance of checks

ABS-CBN News
Updated as of Oct 01 06:11 PM

The Social Security System on Thursday said it would release pensions through PESONet and eliminate distribution through checks to expedite monthly crediting. 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 »