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Singapore-based commerce platform for SMEs HitPay has secure in-principle approval for an MPI licence from the Monetary Authority of Singapore.
MPI licence, expansion, payments , compliance
Payment platform for SMEs HitPay has introduced Payout APIs in the regions of Singapore, Malaysia, and the Philippines, for multiple types of disbursements.
product launch, payout, payments , online payments, digital payments, mobile payments, ecommerce
Global payments platform Thunes has announced the expansion of its Acceptance payment network to Indonesia, Malaysia, Philippines, Singapore, and Thailand.
expansion, cross-border payments, cross-border ecommerce, digital payments, mobile payments, online payments, payments , B2B payments
Real-time payments software provider ACI Worldwide has announced a partnership with Philippines-based Security Bank to reshape the bank’s real-time payment hub.
partnership, banking, real-time payments, cloud, digitalisation, paytech, fintech, SaaS
Philippines-based digital banking provider CIMB has offers InstaPay on its app, so users can transfer money to and from their CIMB account.
money transfer, remittance, product upgrade, real-time payments, digital banking
Philippines-based superapp Grab has said that GrabPay USD 0.27 InstaPay transfer fee will be implemented on 8 August 2022.
money transfer, instant payments, digital wallet, e-money, e-wallet
The Bangko Sentral ng Pilipinas (BSP) has reaffirmed the introduction of Bills Pay, Request-to-Pay, and Direct Deposit by the end of 2022.
Request to Pay, product launch, central bank, digitalisation, digital payments
Merchant acquirer V5 Pay Philippines has partnered with Netbank to offer its SME clients a new digital payments experience.
digital payments, partnership, product upgrade, SMEs, BaaS, payment processing
Philippines-based Kayamo has partnered with Netbank, a Banking-as-a-Service (BaaS) provider, to improve the way they release loan payouts and collect loan repayments.
banks, partnership, payments , SMEs, BaaS
Philippines-based Union Bank has announced that the Securities and Exchange Commission has approved the incorporation of its digital bank UnionDigital.
digital banking, challenger bank, digitalisation, central bank
BaaS, fintech, banks, banking licence, Amazon, API
ChinaBank and UnionBank have announced they will extend free interbank transfer until 31 March 2021, while RCBC will also do the same until 31 January 2021.
ChinaBank, UnionBank, interbank transfer, RCBC, instapay, PesoNet
ING Philippines has announced the launch of ING Pay, a virtual payments card linked to the online bank accounts of clients.
ING, ING Pay, service launch, Philippines, Asia, virtual card, mobile payments, online payments, QR code
The UnionBank of the Philippines and Lazada online shopping center have announced the launch of the country's first ecommerce debit card, according to ATMmarketplace.com.
UnionBank, Lazada, ecommerce, debit card, retail, merchants
The Bangko Sentral ng Pilipinas (BSP) has announced that its individual consumers will be granted electronic fund transfer (EFT) credit automated clearing house.
BSP, digital payments, clearing house, ACH, Philippines, online banking