PH gov t to distribute IDs that can serve as cash cards – Manila Bulletin mb.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mb.com.ph Daily Mail and Mail on Sunday newspapers.
Card to facilitate aid distribution issued to farmers 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.
Published May 3, 2021, 5:00 AM
PearlPay, a Filipino fintech company, is hoping that over 10 rural banks and micro financing institutions could go live this year using their world-class digital banking solutions.
Spark Perreras, PearlPay co-founder and CEO, said during a media roundtable organized by AWS the need to go digital to grow their business. He stressed that digitalization for the rural banks was further highlighted during this pandemic.
According to Perreras, 2 rural banks have been approved by the Bangko Sentral ng Pilipinas (BSP) as of March this year to go live and one rural rank in June this year. For the rest of the year, 6 rural banks are scheduled to go live.