E-payment transactions in PH now at 30% – BSP

Credit to Author: Mayvelin U. Caraballo, TMT| Date: Wed, 20 Nov 2019 13:00:13 +0000

THE share of electronic payments (e-payments) to total retail payment transactions in the Philippines has exceeded the central bank’s target, according to its head. “My guess is we are already at 30 percent now,” Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno said during a briefing on Wednesday. To recall, the BSP wants to increase e-payments in the country […]

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