-
May 26 2021 QR code payments gaining traction among Filipinos, says BSP
MANILA, Philippines – Filipinos are increasingly using the so-called QR or “quick reaction” codes when paying for purchases and transferring money from one person to another—a sign that the country’s “cash-heavy” economy is well on its way to becoming “cash light.”
Governor Benjamin Diokno of the Bangko Sentral ng Pilipinas cited the latest data showing the…
-
May 26 2021 [FEATURING] GCash President & CEO Martha Sazon and Paymaya President Shailesh Baidwan at the BusinessWorld Economic Forum 2021.
THE PHILIPPINES should continue to develop digital infrastructure in order to drive economic recovery, as the coronavirus disease 2019 (COVID-19) pandemic helped accelerate digital transformation initiatives for both the public and private sector.
“COVID-19 did more for digital transformation than executives did for their organizations,” Ayala Corp. President and Chief Executive Officer Fernando Zobel de Ayala…