Starting July 1, 2023, QR Ph will be the only standard for all QR code-enabled payment services in the Philippines.
BSP confirmed that the recent GCash incident of unauthorized fund transfers were the result of a phishing attack, rather than hacking.
The BSP has issued new rules covering financial institutions’ use of electronic “know-your-customer (KYC) processes”.
The Bangko Sentral ng Pilipinas (BSP) is mandating the full adoption of the Philippine QR Code standard or QR Ph by July 1, 2023.
The BSP is asking banks to lower or completely eliminate fees for electronic fund transfers.
The Bangko Sentral ng Pilipinas completed issuing certificates of authority to six digital banks amid the pandemic.
The P1,000 polymer banknote is causing some confusion. Here are the do’s and don’ts of how to properly handle it.
The rest will start charging soon.
The new ATM fees took effect on April 7.
Several local banks will implement new ATM transaction fees