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Fund transfers via InstaPay, PESONet increase in 2022 - BusinessWorld Online

Fund transfers via InstaPay, PESONet increase in 2022 - BusinessWorld Online
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San carlosNegros occidentalMichaell ricafortBangko sentralNational retail payment systemRizal commercial banking corpCommercial bankingChief economist michaelNational retail paymentDigital payment transformation

PESONet, InstaPay transactions up 38%

The value of electronic fund transfers coursed through the PESONet and InstaPay jumped by 38 percent to P8.89 trillion from January to November last year from a year-ago level of P6.45 trillion as more Filipinos embrace digitalization, according to the Bangko Sentral ng Pilipinas.

Bangko sentralNational retail payment systemRetail payment systemDigital payment transformation roadmap

Value and volume of InstaPay, PESONet transactions increase

Value and volume of InstaPay, PESONet transactions increase
bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.

San carlosNegros occidentalMichaell ricafortBangko sentralNational retail payment systemRizal commercial banking corpDevelopment bankCommercial bankingChief economist michaelNational retail payment

BSP extends free PhilPaSS until Jan 2023

The Bangko Sentral ng Pilipinas (BSP) is extending for another month the waiver of fees on fund transfers for users of its Philippine Payment and Settlement System or PhilPaSSplus. This means the BSP will not charge PhilPaSSplus fees until end-January 2023 after the previous suspension expired on

Mary anneBangko sentralReal time gross settlement management committeePhilippine clearing house corpNational retail payment systemPhilippine paymentSettlement systemDirector mary anneNational retail paymentPhilippine clearing house

BSP pushes for e-aguinaldo as cash gifts

The Bangko Sentral ng Pilipinas (BSP) has renewed its call for the use of digital cash or what it calls e-aguinaldo for this holiday season’s cash gifts. “We encourage our countrymen to take advantage of the ease and safety provided by digital finance in sending their cash gifts during the holiday

Bangko sentralNational retail payment systemRetail payment system