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Lenders, tech firms adjust to e-payments shift

FINANCIAL INSTITUTIONS are boosting their capabilities to ensure they can accommodate the needs of consumers and merchants in their shift to digital payments amid the coronavirus pandemic.

JazzyPay looks to diversify partner merchants for e-payments

JAZZYPAY is eyeing to provide cashless payments solutions to health and educational institutions while forging partnerships with other business industries such as tourism and recreation.

Inclusion goals within reach as virus pushes e-payments shift

THE CENTRAL BANK’S financial inclusion and digitalization goals are likely to be met within the term of Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno as more Filipinos shift to online transactions amid the coronavirus pandemic.

E-payments seen rising in cash-heavy ASEAN

THERE IS ROOM for growth in digital payments across cash-heavy Association of Southeast Asian Nations (ASEAN), including the Philippines, as businesses can tap underbanked consumers in markets with relatively high smartphone and internet penetration, the Hongkong and Shanghai Banking Corp. (HSBC) Global Research said on Thursday.

Filipinos shift to e-payments, online banking amid lockdown

BANKS and payment firms have seen a surge in online transactions amid the enhanced community quarantine (ECQ) in Luzon.

More Filipinos using credit cards for e-payments

CREDIT CARD consumers in the country are becoming more at home with digital transactions, with more of them accessing online services for big services like travel and lodging, according to Citibank NA’s Philippine Branch (Citibank Philippines).

BSP to simplify licensing requirements for e-payments firms

THE CENTRAL BANK will soon allow banks and other financial firms looking to offer basic digital financial services to start operations without securing prior approval from the regulator, amid an industry push towards e-payments.

BancNet 28th Anniversary: Furthering e-payments in the country

Having started operations in July 1990, BancNet has been known to deliver safe, efficient, and reliable services to its members, including transactions not only...

BIR to expand lineup of agent banks in 2018

THE Bureau of Internal Revenue (BIR) will expand its list of Authorized Agent Banks as collections via electronic payment schemes rise in importance. BIR Deputy...