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BSP onboards OmniPay as first nonbank e-money issuer in PhilPaSSplus

BSP onboards OmniPay as first nonbank e-money issuer in PhilPaSSplus
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Bangko Sentral , Mary Anne , National Payment Systems , Management Committee , Peso Real Time Gross Settlement , National Payment Systems Act , Nonbank Quasi Banks , Clearing Switch Operators , Financial Market Infrastructures ,

BSP to start charging PhilPaSSplus fees

Banks’ interbank high-value payment transactions via the central bank’s real time gross settlement (RTGS) system will be charged with the same pre-pandemic fees ranging from P5 to P400 beginning on Feb. 1.
With the resumption of fees, financial consumers using electronic payment services such as I ....

Mary Anne , Bangko Sentral , Real Time Gross Settlement Management Committee , Philippine Payment , Settlement System , Manila Bulletin , Director Mary Anne , Financial Market Infrastructures , Clearing Switch Operators ,

BSP approves rules on batch e-payments

The Bangko Sentral ng Pilipinas (BSP) has approved the rules and guidelines on the batch settlement of electronic payments (e-payments) and the new provisions for Clearing Switch Operators (CSOs) of the automated clearing houses (ACH), InstaPay and PESONet.

These key provisions include requirin ....

Bangko Sentral , Benjamine Diokno , National Payment Systems , Clearing Switch Operators , Electronic Payments Under , National Retail Payment System , Multiple Batch Settlement , Payments Transformation , Republic Act , National Payment Systems Act ,