Drugstores have become increasingly vital for public health amid the pandemic. As an essential service, they must pivot to continue to supply the growing medical needs of the consumers in a safe manner. To help meet this need during the pandemic, GCash, the country’s leading mobile wallet app,...
Payments infrastructure startup Xendit has become a Southeast Asian unicorn, securing $150 million Series C funding, after its Philippines launch last year. XENDIT-LOGOArtboard-1@2x Tiger Global Management led the round and existing investors - Accel, Amasia, and Justin Kan’s Goat Capital, also...
Most Filipino online shoppers, two out of three, prefer to use e-wallets to pay for their purchases and mobile payment transactions are expected to grow ninefold. 05-1280x720 This was according to the most recent Online Payment Sentiments survey of Vesta, the end-to-end transaction guarantee...
Senator Grace Poe is pushing the passage of a bill that would protect consumers against cybercimes such as skimming and phishing. (PIXABAY) Poe filed Senate Bill No. 2380, or the proposed “Bank Account, E-wallet, and Other Financial Accounts Regulation Act”, which calls for a "stable and...
Homegrown insurance technology (insurtech) startup Kwik.insure has rolled out a zero-interest installment payment scheme for availing its insurance policies for vehicles. (FILE PHOTO / MANILA BULLETIN) In a statement, Kwik.insure said customers can pay their premiums over three or six months using...
Philhealth logo The Philippine Health Insurance Corporation (PhilHealth) said it is temporarily stopping the implementation of the controversial "Temporary Suspension of Payment of Claims" (TSPC) policy. PhilHealth Circular No. 2021-0013 which contains the guidelines for the implementation of the...
Malacañang asked nurses and other health workers to not turn in their resignation letters amid the country's fight against the coronavirus (COVID-19) pandemic, assuring them that their payment was already being processed. Malacañang / JANSEN ROMERO / Manila Bulletin file photos Presidential...
President Duterte has given the Department of Budget and Management (DBM) 10 days to process the fund needed by the Department of Health (DOH) to compensate health care workers amid the ongoing coronavirus (COVID-19) pandemic. President Duterte (RTVM Screenshot) Duterte made the statement after...
Philippine Health Insurance Corporation (PhilHealth) (MANILA BULLETIN) The Philippine Health Insurance Corporation (PhilHealth) said it is implementing a "temporary suspension of payment of claims" (TSPC) against healthcare providers (HCPs) that are "subject of investigations pertaining to...
An in-house developed e-Payment system has been deployed to agencies under Department of Science and Technology (DOST) in a move to facilitate seamless business transactions and ensure those availing the services of its Institutes will be better served. (PIXABY) DOST Secretary Fortunato “Boy”...
The Court of Tax Appeals (CTA) has scrapped the P78-million deficiency tax assessment slapped by the Bureau of Internal Revenue (BIR) against a major supplier of commercial kitchen equipment for failure of the former to indicate in the assessment notices when the liabilities should be paid. The...
In this new world, safety is priority The COVID-19 pandemic and the consequent lockdowns and movement restrictions compelled Filipino consumers to shift from cash to digital payments, and the use of digital platforms for fund transfers, InstaPay, and PESONet has increased tremendously. As of...
