Articles with tag like: Philippines

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GCash launches QR code-based money transfer feature

News | Mobile Payments | 19 Feb 2021

GCASH has launched QR on Demand, a new feature that allows users to send and receive money using personal QR codes.

GCash, Philippines, Asia, QR code payments, money transfers, P2P payments, mobile payments

Paymaya enables payments acceptance via social media and chat apps

News | Mobile Payments | 09 Feb 2021

PayMaya has announced the introduction of a new feature on its mobile app that allows online sellers to accept cashless payments on Viber, Messenger, Instagram, and other social media and chat apps. 

PayMaya, Philippines, Asia, online payments, mobile payments, social media, Payment Link, QR code payments

The Philippines proposes industry-led governing body for Open Finance

News | Online & Mobile Banking | 04 Feb 2021

The Philippines’ central bank has proposed the establishment of an ‘industry-led’ self-governing body as it looks to encourage the development of Open Finance.

Philippines, Open Finance, Open Data, Open Banking, BSP, OFOC, API, framework

Philippines central bank sets regulations for digital banks

News | Online & Mobile Banking | 26 Jan 2021

Philippines central bank, the Bangko Sentral ng Pilipinas (BSP), has issued Circular No. 1105, series of 2020, the guidelines on the establishment of digital banks.

Philippines, BSP, guidelines, digital banking, online banking, banks, e-banking, financial products, banking services

Philippines' Mynt raises USD 175 mln to build on mobile payments surge

News | Mobile Payments | 12 Jan 2021

Philippines-based fintech arm of telco operator Globe and of e-wallet GCash, Mynt, has raised USD 175 million in funding.

Mynt, fundraise, ASP Philippines, PE fund, mobile payment, Ant Group, Alibaba, Philippines

Nium, Cebuana Lhuillier reveal mobile remittance app in Singapore

News | Mobile Payments | 12 Jan 2021

Cebuana Lhuillier and Nium have partnered to make Quikz, Cebuana Lhuillier’s flagship mobile remittance app in the US, available in Singapore.

Nium, Cebuana Lhuillier, product launch, Quikz, Singapore, remittance, Philippines, partnership, transactions

BSP plans to create self-governing open finance body

News | Online & Mobile Banking | 11 Dec 2020

The Bangko Sentral ng Pilipinas (BSP) has proposed the creation of an Open Finance Oversight Committee (OFOC), an industry-led self-governing body, as part of the country’s open finance framework.

BSP, Open Finance, governing body, Philippines, OFOC, open finance oversight committee, Open Banking, Open Data, banks, financial institutions

ING launches the ING Pay service in the Philippines

News | Online Payments | 25 Nov 2020

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

Philippines-based UnionBank to join BIAN

News | Online & Mobile Banking | 18 Nov 2020

Union Bank of the Philippines has become a member of global banking standard organisation Banking Industry Architecture Network (BIAN), according to the official press release.

UnionBank, Philippines, BIAN, banking standard, Banking Industry Architecture Network, banking technology, banks, fintech, technology provider, banking

WorldRemit waives transfer fees to the Philippines in light of recent natural disaster

News | Online Payments | 05 Nov 2020

UK-based digital payments platform WorldRemit has announced the waiving of their fees on money transfers to the Philippines in light of the recent tropical storm.

WorldRemit, Philippines, Asia, waiving fees, natural disaster, money transfer, remittance

Google and Lazada to offer online sellers free digital skills training courses

News | Ecommerce | 04 Nov 2020

Google has teamed up with Lazada, a Philippines-based ecommerce platform, to offer free online training courses to equip online sellers with digital skills ahead of the holiday shopping season.

Google, Lazada, Philippines, Asia, partnership, training courses, digital skills, merchants, online sellers, business strategy, digital marketing

PayMongo, Vesta partner to boost fraud detection capabilities

News | Digital Identity, Security & Online Fraud | 03 Nov 2020

Philippines-based online payment processing platform PayMongo has announced its partnership with US-based fintech Vesta to boost its fraud detection capabilities.

PayMongo, Vesta, Philippines, Asia, fraud prevention, merchants, API, e-wallet, card payments, online payments, Series A funding, funding round, real-time decisioning platform

PayMaya introduces all-in-one digital payments device

News | Online Payments | 23 Oct 2020

Philippines-based mobile payments platform PayMaya has introduced PayMaya One Lite, a pocket-sized device capable of accepting all types of digital payments, including cards, e-wallets, and QR.

PayMaya, Philippines, payments, mobile payments, e-wallet, QR, cards, digital payments

Manny Pacquiao to invest in fintech

News | Payments General | 22 Oct 2020

Former professional boxer Manny Pacquiao has announced plans to launch a fintech payment platform for influencers in the Philippines, according to AltFi

Manny Pacquiao, Philippines, fintech, payment platform, influencer, partnership, PacPay, Pac Technologies, Remesea, Singapore, remittance, cross-border payments, Asia

iQIYI International, Fortumo announce carrier billing partnership

News | Mobile Payments | 22 Oct 2020

The video streaming service iQIYI International and the mobile technology company Fortumo have announced the launch of a carrier billing partnership.

iQIYI International, Fortumo, Malaysia, Philippines, billing, mobile payments, subscription, carrier billing, partnership

Venio expands mobile payments services across the Philippines

News | Mobile Payments | 06 Oct 2020

Venio, a mobile application providing ‘nano-credit’ facilities to unbanked consumers in emerging markets accessed via a smartphone, has expanded its services nationwide across the Philippines.

Venio, mobile app, financial inclusion, Philippines, loans, nano-laons, credit, retailers

Philippines-based PayMongo secures USD 12 mln Series A led by Stripe

News | Payments General | 28 Sep 2020

Stripe has led a USD 12 million Series A round in online payment platform PayMongo, as announced by the startup.

Philippines, PayMongo, Stripe, startup, online payments, online payment platform, fintech, businesses, Y Combinator, accelerator program, Global Founders Capital, Bedrock Capital, financial institutions, payments API, online payments API, API, apps, bank cards, digital wallets, GrabPay, GCash, commerce, messaging apps, PayMongo Links, fraud, risk detection

Avon teams with APEXX Global to increase payments efficiency

News | Online Payments | 15 Sep 2020

UK-based MLM retailer Avon has partnered with payments platform APEXX Global to provide a payment solution for representatives across its markets. 

Avon, APEXX Global, partnership, Dragonpay, online payments, merchant payments, multi-level marketing, conversion rate, payments platform, Egypt, Portugal, Greece, Philippines, PayPal, Apple Pay, Android Pay

TendoPay, Shopify partner to offer instalment payments for ecommerce in Philippines

News | Online Payments | 14 Sep 2020

Philippines-based digital installment plan solution TendoPay has partnered with multinational ecommerce platform Shopify to enable instalment payments for ecommerce.

TendoPay, Philippines, installment payments, ecommerce, Shopify, retail management, Buy Now, pay later, BNPL

Central Bank of the Philippines open to Qatar-based funding

News | Online & Mobile Banking | 10 Aug 2020

Bangko Sentral ng Pilipinas (BSP) has announced plans to explore potential investment deals from Qatar for digital banking and fintech projects.

Central Bank of the Philippines, Bangko Sentral ng Pilipinas, BSP, Philippines, Qatar, funding, investment, digital banking, fintech, Reserve Bank, regulations, digital transactions, banking sector, nonbank financial institutions, digital platforms, Islamic banking, shariah-compliance