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Philippines based RCBC Reports Dramatic Surge in Digital Payments Volume following COVID Outbreak


Philippines based RCBC Reports Dramatic Surge in Digital Payments Volume following COVID Outbreak
May 24, 2021 @ 12:57 am By Omar Faridi
Rizal Commercial Banking Corporation (RCBC) has revealed that it has seen dramatic growth in its digital payments volume during the last year.
The value of
InstaPay and
PESONet money transfers of RCBC Online and its mobile banking app surged 293% when compared to volumes reported in March 2020 (when awareness of COVID and community quarantine in the Philippines began).
RCBC‘s management noted that this is around 110% higher than the reported total growth for transactions of all participating banks and e-money issuers.
Notably, the total volume of online money transfers that was facilitated by RCBC surged almost 330%. ....

San Carlos , Negros Occidental , Eugenes Acevedo , Lito Williams , Rizal Commercial Banking Corporation , National Capital Region , Commercial Banking Corporation , Chief Innovation , Inclusion Officer , Mobile Banking , App Annie , சான் கார்லோஸ் , நீக்ரோஸ் தற்செயலானது , ரிஜால் வணிகரீதியானது வங்கி நிறுவனம் , தேசிய மூலதனம் பகுதி , வணிகரீதியானது வங்கி நிறுவனம் , தலைமை கண்டுபிடிப்பு , சேர்த்தல் அதிகாரி , கைபேசி வங்கி , செயலி அன்னயே ,