Articles with tag like: Philippine

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Philippines banks to encourage microfinance and e-wallets services use

News | Payments General | 02 Nov 2020

Most Philippines banks are now geared toward microfinance and digital wallets to widen their reach among the micro, small, and medium enterprises (MSMEs) and the unbanked sector.

Philippine, banks, e-wallets, micro lending, payment digitalisation, mobile payments, retail payments

Voyager secures USD 120 mln investment for e-wallet service

News | Mobile Payments | 07 Apr 2020

A group of investors, including China-based Tencent and KKR, have announced an investment of up to USD 120 million for Voyager Innovation, a Philippine-based tech company.

PayMaya, China, Tencent, KKR, investment, Voyager, Philippine, e-wallet

DOF to establish e-invoicing system for VAT refunds

News | E-invoicing, SCF & E-procurement | 25 Oct 2018

DOF has considered the establishment of an e-invoicing system by 2020, to allow the implementation of a value-added tax refund system for tourists.

DOF, e-invoicing, value-added tax, Philippine, South Korea, financing

KKR, Tencent to invest USD 175 mln in Philippine fintech company

News | Online Payments | 05 Oct 2018

Private equity company KKR and Tencent have announced the acquisition of a minority stake in the fintech arm of Philippines’ PLDT.

KKR, Tencent, PLDT, Philippine, fintech, acquisition, Voyager Innovations, digital payments, online shopping, remittance, online payments

Grab to get Philippine license to expand payments offering

News | Online Payments | 28 Sep 2018

Grab has planned to expand its payments offering after obtaining an electronic money issuers’ (EMI) license from Bangko Sentral Pilipinas (BSP).

online payments, Grab, Philippine, payments offerings, mobile wallet, Bangko Sentral Pilipinas

DBM to release new e-procurement system

News | E-invoicing, SCF & E-procurement | 22 Mar 2018

DBM of Philippine has announced plans to launch a public procurement system to address slowdowns and difficulties encountered by government agencies and merchants.

DBM, e-procurement, government, public procurement, Philippine