LYKA shared a message to LYKA users in the Philippines. Social media app LYKA recently released a statement as the company shared a message to all LYKA users in the Philippines. In a statement, LYKA said that all additional requirements requested by the regulatory body have been submitted and they will “make an announcement once … Read more
BSP encouraged LYKA to get a license to “keep things in order”, according to Diokno. On Monday, Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno said that it encouraged LYKA to get a payment operator license in order to “keep things in order”. Earlier, the central bank ordered LYKA to suspend its operation in the … Read more
Partner merchants reportedly filed encashment requests to LYKA. Partner merchants reportedly filed encashment requests to LYKA after the Bangko Sentral ng Pilipinas (BSP) ordered LYKA to halt its operations. Social media app LYKA was reportedly flooded with encashment requests from partner merchants spooked by the BSP’s decision to halt its operations as an Operator of … Read more
LYKA platforms in Hong Kong and the US expressed support for their Philippine counterpart. On Friday, LYKA platforms in Hong Kong and the United States had expressed support for their Philippine counterpart. The company said in a Facebook post that the Bangko Sentral ng Pilipinas (BSP) had issued an Operator of Payment System (OPS) Provisional … Read more
The BSP ordered LYKA to halt its operation as an Operator of Payment System. On Friday, the Bangko Sentral ng Pilipinas (BSP) had issued an order to social media platform LYKA to halt its operation as an Operator of Payment System (OPS). In a statement, the BSP had issued an order to LYKA to suspend its … Read more
LYKA claimed that the app glitch had been fixed and resolved. Social media platform LYKA claimed that the app glitch had been fixed and resolved” and the company was coordinating with the National Privacy Commission (NPC). In an emailed statement obtained by GMA News Online, LYKA assured the public that the app glitch had been … Read more
LYKA released a statement in response to netizens’ concerns about the privacy features of its app. LYKA officially released a statement in response to concerns of the netizens — specifically to the iOS users — about the privacy features of its app. In a statement, LYKA CEO Ryan Baird said that the company would like … Read more