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BSP issues guidelines for payment systems

The Bangko Sentral ng Pilipinas (BSP) has released its first Manual of Regulations for Payment Systems (MORPS), a formal compilation of all payment system regulations approved by the Monetary Board as of end-December 2023......»»

Category: financeSource:  philstarRelated NewsMar 23rd, 2024

India s neighbors adopt its digital payment system

New Delhi has launched its Unified Payment Interface in Sri Lanka and Mauritius, bolstering its influence in the region The leaders of India, Mauritius, and Sri Lanka have virtually launched New Delhi's Unified Payment Interface (UPI) system. The move allows Indian tourists to pay with the app while visiting t.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 13th, 2024

Soaring start for EJ

Paris Olympics-bound EJ Obiena was off to a soaring start in the world pole vault indoor season series, capturing the gold in the Memorial Josip Gasparac in Osijek, Croatia Tuesday......»»

Category: sportsSource:  philstarRelated NewsFeb 21st, 2024

CDC, Landbank offer online payment option for Clark firms

CDC, Landbank offer online payment option for Clark firms.....»»

Category: newsSource:  sunstarRelated NewsApr 24th, 2024

Tax Notes: Guidelines for the filing of Annual Income Tax Returns and payment of taxes due thereon for calendar year 2023

Tax Notes: Guidelines for the filing of Annual Income Tax Returns and payment of taxes due thereon for calendar year 2023.....»»

Category: newsSource:  sunstarRelated NewsApr 20th, 2024

ASEAN expands regional payment connectivity

The Association of Southeast Asian Nation has onboarded Brunei Darussalam Central Bank and Bank of the Lao PDR in ramping up cross-border payments in the region, bringing the number of total central banks participating in the regional payment connectivity initiative to eight......»»

Category: financeSource:  philstarRelated NewsApr 5th, 2024

PSE EASy platform now accepts online banking for payment of IPO subscriptions

The PSE announced that it added some new features to the PSE EASy platform that allow Local Small Investors (their words, not mine) to buy IPO and follow-on offering shares using an online banking payment system......»»

Category: financeSource:  philstarRelated NewsApr 5th, 2024

LIST: Dragonpay’s payment channels schedule for Holy Week

Some payment channels will have shortened hours of operation while others will be temporarily deactivated from March 27 (Holy Wednesday) to March 30 (Black Saturday)......»»

Category: financeSource:  philstarRelated NewsMar 27th, 2024

Women entrepreneurs enjoy seamless payment solutions

Women entrepreneurs enjoy seamless payment solutions.....»»

Category: newsSource:  sunstarRelated NewsMar 23rd, 2024

Landbank, BOC streamline payment system

The Bureau of Customs and the Land Bank of the Philippines have teamed up to facilitate a digital payment scheme for various customs processes......»»

Category: financeSource:  philstarRelated NewsMar 6th, 2024

Manila LGU extends deadline for applications for business permits and licenses, payment of taxes and fees

Manila Mayor Honey Lacuna announced that the city government has extended the deadline for the filing of applications of business permits and licenses as well as the payment of taxes and fees. This, according to Lacuna, is meant to give business owners and the taxpayers of Manila more time to settle their dues. The mayor […].....»»

Category: newsSource:  journalRelated NewsJan 24th, 2024

BSP logs 40K complaints relating to financial consumer protection; only 5% come from Mindanao

SINCE the effectivity of the Financial Consumer Protection Act (Republic Act 11765) in June 2022, the Bangko Sentral ng Pilipinas (BSP) has logged more than 40,000 complaints from customers of different BSP-supervised financial institutions from all over the Philippines. Of this number, only around 5 percent come from Mindanao, implying the Mindanaoans' unawareness of the law......»»

Category: newsSource:  sunstarRelated NewsApr 1st, 2024

BSP Governor Eyes Potential Rate Cut as Inflation Eases

In a recent interview, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. hinted at a potential rate cut later this year, signaling optimism amid the nation’s economic landscape. While cautious about the first semester, Remolona remains watchful, stating that the move could come “within the year.” The BSP, responding to escalating inflation, had hiked […].....»»

Category: newsSource:  metrocebuRelated NewsJan 30th, 2024

BSP governor says February rate cut not likely

In statements made to the press, BSP Governor Eli Remolona said that due to the “numbers we are seeing” a rate cut “is not likely (on) February 15”, which is the next scheduled meeting date for the BSP’s Monetary Board......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

BSP finalizes blueprint for cross-border payment

The Bangko Sentral ng Pilipinas is set to issue the blueprint for multilateral cross-border payments connectivity among the Association of Southeast Asian Nations......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

BSP onboards OmniPay as 1st non-bank in settlement platform

The Bangko Sentral ng Pilipinas has onboarded OmniPay Inc. in the roster of financial institutions that settle high value transactions safely and instantly through the central bank-owned and operated national payment system......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

Interest rates to remain at 6.5% — BSP

The Bangko Sentral ng Pilipinas’ (BSP) Monetary Board (MB) decided to retain its target reverse repurchase rate at 6.5%......»»

Category: newsSource:  bulatlatRelated NewsApr 8th, 2024

BSP sinisipat 4.2% inflation noong Marso

Sa pagtaya ng Bangko Sentral ng Pilipinas, maaaring umabot sa 4.2% ang inflation nitong Marso. The post BSP sinisipat 4.2% inflation noong Marso first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 1st, 2024

BSP on guard vs inflation risks amid El Niño

The BSP chief said headline inflation likely further accelerated to 3.9 percent in March from 3.4 percent in February due to base effects, but lower than the 7.6 percent in March 2023......»»

Category: financeSource:  philstarRelated NewsMar 20th, 2024

GCash gets BSP nod to enter Europe, ME

E-wallet leader GCash has received the green light from the Bangko Sentral ng Pilipinas (BSP) to offer financial services to overseas Filipino workers (OFWs) in Europe and the Middle East......»»

Category: financeSource:  philstarRelated NewsFeb 16th, 2024