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News and Events

Mirroring Giant Telcos: Is a Duopoly Emerging in Digital Payments Too?

A BSP study uncovers the electronic money issuers leading the race for consumer awareness

Only 1.3 percent of the country’s adult population, which translates to around 900,000 Filipino adults, have an electronic money (e-money) account, according to the Bangko Sentral ng Pilipinas (BSP).In its 2017 Financial Inclusion Survey, the BSP defines e-money accounts as “a transactional ...

by Lorenzo Kyle Subido  | July 13, 2018 01:00:00
News and Events

PH E-Money Transactions Soar Past Php1 Trillion in 2016

Electronic money use more than tripled from only Php348 Billion in 2013

If you are a regular user of mobile e-wallet apps such as PLDT’s Smart Money and Globe’s G-Cash to pay for goods and services, you’re part of the reason why the volume of electronic money transactions surged to Php1.1 trillion last year, ...

by Lorenzo Kyle Subido  | May 24, 2017 11:00:00
Business Ideas

Local company excels in making affordable mobile commerce a reality

Mobile commerce is a growing trend worldwide.

The dawn of a cashless society has long begun with the credit card and the debit card. And recently, with the Filipino’s innovation, mobile phones have also become money carriers.Smart Money, the pioneering mobile commerce platform of wireless leader Smart Communications, Inc. ...

November 10, 2011 07:00:00
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