Philippine Payment News Today : Breaking News, Live Updates & Top Stories | Vimarsana

THE stock market snapped a three-day rise on Monday as investors chose to stay on the sidelines ahead of President Ferdinand Marcos Jr.'s State of the Nation Address (SONA).

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

The Bangko Sentral ng Pilipinas (BSP) is extending for another month the waiver of fees on fund transfers for users of its Philippine Payment and Settlement System or PhilPaSSplus. This means the BSP will not charge PhilPaSSplus fees until end-January 2023 after the previous suspension expired on

BANGKO Sentral ng Pilipinas (BSP) Governor Benjamin Diokno announced on Thursday that they have successfully onboarded more than a hundred rural banks into the country’s real-time gross settlement system as of end-February this year.  The governor said the number of rural banks participating in the new generation Philippine Payment and…

The Bangko Sentral ng Pilipinas (BSP) is extending the waiver of fees on fund transfers for users of its Philippine Payment and Settlement System Plus (PhilPaSSplus) until end December 2022. PhilPaSSplus fees were temporarily cancelled since April 2020 as part of BSP’s time-bound relief measures to