The local government units (LGUs) may conduct digital payment or tap financial service providers (FSPs) to distribute the financial assistance to residents affected by the implementation of the enhanced community quarantine (ECQ) from August 6 to 20, the Department of Social Welfare and Development...
Senator Sherwin Gatchalian said there is a necessity for Filipinos to own their own bank account or become a virtual wallet holder so more people can engage in cashless transactions. Since digital payments have been the norm since the coronavirus (COVID-19) pandemic started last year, Gatchalian...
ShopeePay, an integrated mobile wallet that offers users easy access to digital payment services, now provides Filipino shoppers a more convenient way to top-up their mobile wallets. They can do so at TouchPay automated payment machines (APM) located in over 600 locations nationwide. As more...
Indonesian financial technology firm Xendit, which aspires to be the Philippines' digital financial highway, raised a total of US $88 million funds after its latest US$64.6 million Series B round to expand its regional business. Overall, Xendit has processed over 65 million transactions with US$6.5...