Advantages of using QR PH for e-payments cited
MANILA - Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno is optimistic that the central bank's bid to further increase electronic payment transactions in the country despite the internet connectivity issue can be boosted by a payment system using the quick response (QR) code. During the virtual launch of the QR PH P2M program on Tuesday, Diokno said the QR PH for person-to-merchant (P2M) uses QR codes for financial transactions. "To receive payments merchants only need to print QR codes, which the respective payments service provider will generate for them, display those co...