Visa, a world leader in digital payments, has announced an open call for startups in the region including in the Philippines to apply for the Visa Accelerator Program 2023 to shape the future of payments. “It is exciting to see great products co-developed by the successful startups from the...
Debt payments of the national government dropped by more than half in October this year due to lower amortization, data from the Bureau of the Treasury showed. Marcos administration’s debt servicing reached P39.82 billion in October, down 55 percent more O89.06 billion paid out in the same month...
AF Payments Inc. (AFPI) sudsidized beep cards to the tune of P300 Million since it started operations in 2015, after clinching a concession agreement with the government, President and CEO JJ Moreno declared in his statement issued Monday, December 10. "For the record, AFPI does not profit from...
Debt payments down 41% in H1 Debt payments by the national government went down by 41 percent in the first semester of the year due to lower amortization, data from the Bureau of the Treasury showed. The national government's debt servicing reached P458.35 billion in January to June this year,...
BAGUIO CITY -- The Bangko Sentral ng Pilipinas and the Department of Interior and Local Government will launch the ‘Paleng-QR Ph’ cashless payment program with this city as pilot site on Sunday, August 14, at People’s Park Malcolm Square here. BSP Governor Dr. Felipe Medalla and Deputy...
The Department of Transportation (DOTr) and its attached agencies should fast-track the implementation of Phase 2 and Phase 3 of the Toll Interoperability Project, lawmakers said. Neophyte lawmaker Ilocos Rep. Sandro Marcos and Valenzuela City 2nd District Rep. Eric Martinez filed House Resolution...
CAGAYAN DE ORO CITY – A 30-year-old male who was posing as an employee of Department of Social Welfare and Development (DSWD) and asking for registration fees from his victims in exchange for the agency’s financial assistance was arrested in an entrapment operation on Tuesday, July 19, the city...
From left to right: Mr. Cristeto Ocampo, TIEZA’s Travel Tax Department Manager, Mr. Mark Lapid, TIEZA’s Chief Operating Officer, Ms. Ann Margaret Saldaña, MyEG Philippines Chief Executive Officer, and Ms. Israelita Choa, MyEG Philippines Accounts and E-Gov Operations Manager Tourism...
To promote the efficient delivery of services, especially amid the ongoing Covid-19 pandemic, Malacañang has ordered all government offices to adopt digital payments for their respective disbursements and collection. Photo from PIXABAY Executive Secretary Salvador Medialdea signed President...
Businesses — especially the micro, small and medium enterprises (MSMEs) — stand to benefit from the adoption of digital payments, as technology enables them to streamline their financial transactions while providing them with greater security and convenience. Southeast Asia has seen a boom in...
Kaspersky: 1 in 5 Filipinos still scared of paying online By EMMIE V. ABADILLA Many Filipinos, like most Southeast Asians, still get the jitters when paying online, according to the latest findings of cybersecurity firm Ksspersky. Both the oldest and the youngest generations find it scary to go...
Bus commuters going to Northern and Central Luzon can now do cashless purchase of tickets or payment for cargo deliveries after Victory Liner, one of the country's largest transportation firms, partnered with digital financial services platform PayMaya. Victory Liner taps PayMaya for safe and...
