Automated clearing houses PESONet and InstaPay’s combined value transactions increased by 43 percent year-on-year to P5.37 trillion for the first seven months of 2022, the Bangko Sentral ng Pilipinas (BSP) said on Thursday, Sept. 15.
In terms of volume, this rose by 24 percent year-on-year to 348
During the period ended June 30, according to Bank of Uganda, licensed payment system operators transacted a total of 23.9 million transactions valued at Shs5.2 trillion
Sierra Leone is rationing newly minted banknotes to prevent a cash shortage – following a currency redenomination that was itself meant to address cash shortages.
The Bangko Sentral ng Pilipinas (BSP) has tagged the digital payment schemes PESONet and InstaPay as prominently important payment systems or PIPS under the National Payment Systems Act (NPSA), said BSP Governor Felipe M. Medalla.
“The designation of PESONet and InstaPay as PIPS is considered tim