BSP To Implement Two-Year Ban On All e-Money Applications
The BSP will implement a two-year ban on all e-money applications. BSP — The Bangko Sentral ng Pilipinas will implement a two-year ban on all non-bank electronic money issuer (EMI) applications including those bank-owned EMIs starting December 16 in order to ensure a liquidity-strong digital payments sector. In a text message to Manila Bulletin last … Read more