-
May 20 2021 [FEATURING] Bayad App gets nod from BSP, receives EMI license
As demand for secure and efficient cashless transactions grows to bolster the digital economy and the country’s aim to become a cash-lite society, Bayad, the Philippines’ most trusted payment authority obtained its license to operate as an Electronic Money Issuer (EMI) from the Bangko Sentral ng Pilipinas.
The EMI license authorizes the company to deliver e-wallet…
-
May 20 2021 RCBC simplifies fund transfers using mobile number and email address
Aware of the cumbersome process of transferring and receiving money especially during emergency situations, Rizal Commercial Banking Corporation’s (RCBC) online and mobile application platform has recently upgraded its fund transfer facility under InstaPay, allowing cash transfers by simply using the recipient’s mobile number or email address.
“This contributes in accelerating digital payments in the country which…