Philippines
HitPay and Visa to expand Philippine SMEs’ payment acceptance
HitPay and Visa to expand Philippine SMEs’ payment acceptance
SMEs can process both in-store and online transactions without a bank contract.
2 days ago
GoTyme Bank rolls out crypto investment services in the Philippines
Customers can invest in 11 cryptos without registering on a third-party platform.
6 days ago
GoTyme Bank now compatible with Google Pay
Customers can pay without entering card details whenever there’s a Google Pay button.
BSP says customers can still withdraw over $8,750 without delays
Customers will need to show a legitimate purpose of withdrawal.
Atome Philippines rolls out SEAOIL fuel discounts to cardholders
Cardholders will have to pre-purchase the fuel via the Price LOCQ app.
Metrobank appoints three new SVPs and heads
The new heads are for the trust banking group, internal audit group, and the transformation office.
GCash PocketPay enables NFC devices to become payment portals
Any android device with NFC can accept contactless Visa and Mastercard payments.
The Philippines’ central bank calls for a 24/7 payment system
A round-the-clock operation will enable real-time payment settlement and further economic activities.
UnionBank offers 0% installment plans in Ikea for credit card holders
For a minimum spend, cardholders can avail a 0% installment plan for 3 months.
Philippine banks’ profits up 4.1% to $3.35b in H1 2025
Assets rose thanks to stable domestic deposits, and strong liquidity and buffers.
GoTyme Bank reports 7.8 million users after three years
Customers can make deposits and withdrawals in 1,450 partner locations.
Metrobank hits record $635.77m earnings in 9M 2025
NPL ratio of 1.7% is lower than the 3.6% industry average, the bank said.
Philippine banks to maintain lending standards in Q4 2025
1 in 10 banks will tighten lending standards for business and household loans.
PH central bank warns of entity impersonating UNA Financing Corp
The legitimate business UNA said it is not connected to the entity.
UnionBank, INSEAD launch program for relationship managers
Selected UnionBank RMs have already undergone a two-day training.
BDO’s net income up 4% to $1.07b in 9M 2025
Deposits and loans grew during the period.
Philippine central bank expands relief measures for banks, borrowers after calamities
Banks will have access to relief measures during a specified period.
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1. MAS cracks down on influencers promoting financial products 2. OCBC to enable scan and pay on all China merchant QRs by Q1 2026 3. DANA Indonesia launches verified digital wallet for teens 4. MAS expands Ripple’s scope of payment activities in Singapore 5. HitPay and Visa to expand Philippine SMEs’ payment acceptanceResource Center
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