BSP Orders Removal Of Online Sabong From E-Wallet Accounts

BSP

BSP: “BSFIs should only deal with gambling and/or online gaming businesses that are allowed to operate by the appropriate government agency.” BSP — On Friday, the Bangko Sentral ng Pilipinas ordered BSP Supervised Financial Institutions (BSFIs) to remove all online sabong operators from the list of merchants in their online apps. The central bank said … Read more

Landbank Intros Own Digital Wallet

LandbankPay

Landbank has introduced its own digital wallet. LANDBANK — The Land Bank of the Philippines has joined the digital wallet (e-wallet) space with the launch of LandbankPay. LandbankPay is a mobile payment application that allows users to conveniently and safely pay bills, top-up mobile phones and tollway RFID accounts, buy online (e-commerce), as well as … Read more

Poe Asks BSP To Urge Banks, Financial Institutions To Lower Digital Payments, E-Wallet Fees

Senator Grace Poe

Senator Poe: “Ang mababang bayarin ay hindi lamang makakabawas sa kanilang gastusin, kundi mag-uudyok din ng lalong paggamit sa mga e-wallet.” On Friday, Senator Grace Poe has asked for the help of the Bangko Sentral ng Pilipinas (BSP) to urge banks and financial institutions to lower digital payment charges and e-wallet fees. In a statement, … Read more