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BSP welcomes LYKA s plan to apply as Operator of Payment System

Monetary authorities responded positively to the plan of social media platform LYKA to apply as an Operator of Payment System (OPS) with the central bank.

Lyka has yet to apply as payment system operator

The central bank on Friday, Oct. 15, said Lyka/Things I Like Company Ltd (TIL) has not yet submitted any documents that will indicate its interest to apply as an operator of payment system (OPS) in the Philippines. The BSP, however, said that it “welcomes” Lyka/TIL’s “reported decision to a

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