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[B-SIDE Podcast] Fintech and the pandemic: how COVID-19 is normalizing digital wallets

[B-SIDE Podcast] Fintech and the pandemic: how COVID-19 is normalizing digital wallets
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Coronavirus pandemic spurs tie-ups for digital payments

February 1, 2021 | 12:04 am
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DATA from the Bangko Sentral ng Pilipinas showed cash remittances coursed through banks edged up by 0.3% to $2.379 billion in November from $2.372 billion a year earlier. BW FILE PHOTO
THE PANDEMIC is putting more people at ease with digital remittance transactions, paving the way for these firms’ tie-ups with other businesses looking to utilize electronic payments, remittance players said.
“We have experienced a tremendous demand not only from the retail [side] but also for the businesses, for partners,” UniTeller Philippines Country President Noel C. Cristal said in an interview.
Mr. Cristal said some firms have started to tap them for white label services related to remittances. ....

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