The Bank of the Philippine Islands (BPI) expects its card products to be ready for tokenization by next year, positioning the Ayala-led lender for the anticipated local launch of Apple Pay and Google Pay. Jose Teodoro Limcaoco, BPI president and chief executive officer (CEO), said the bank 's...
Mobile payment providers Apple Pay and Google Pay will not need to register with the Bangko Sentral ng Pilipinas (BSP) if they plan to enter the Philippine market, as the central bank does not qualify them as operators of payment systems (OPS). BSP Deputy Governor Mamerto Tangonan stated that the...
Apple Pay and Google Pay are exploring the possibility of entering the Philippine market, but must first register with the Bangko Sentral ng Pilipinas (BSP) as operators of payment systems (OPS), a central bank official said. BSP Deputy Governor Mamerto Tangonan confirmed that both tech giants have...