Last year, the Bangko Sentral ng Pilipinas (BSP) pushed to remove incurred fees from small bank-to-bank transactions. Now, in a new draft circular, the BSP is seeking feedback from stakeholders on a plan to make person-to-person electronic fund transfers and micro-merchant payments entirely free of charge. If approved, the new rules would take effect on April 1, 2025. Financial institutions… Read more in our articles including "BSP eyes zero-fee electronic fund transfers, payments to MSMEs" and "What is the BSP Online Buddy (BOB) and how to use it".
Last year, the Bangko Sentral ng Pilipinas (BSP) pushed to remove incurred fees from small…
Oct 2, 2024
Launched in July 2020, the BSP Online Buddy (BOB) is Bangko Sentral ng Pilipinas’ Consumer…
Aug 23, 2021
The Bangko Sentral ng Pilipinas (BSP) finally moves closer to their goal of providing a…
May 7, 2018
Bank of the Philippine Islands (BPI) has partnered with Robinsons Retail Holdings, Inc. (RRHI) to…
May 8, 2026
Shopee has launched the official Beats Flagship Store in the Philippines, expanding access to the…
Apr 29, 2026
Lenovo has announced a global partnership with David Beckham. The collaboration focuses on the use…
Apr 2, 2026Last year, the Bangko Sentral ng Pilipinas (BSP) pushed to remove incurred fees from small bank-to-bank transactions. Now, in a new draft circular, the BSP is seeking feedback from stakeholders on a plan to make person-to-person electronic fund transfers and micro-merchant payments entirely free of charge. If approved, the new rules would take effect on April 1, 2025. Financial institutions…
Our coverage of BSP MSME initiatives includes: "BSP eyes zero-fee electronic fund transfers, payments to MSMEs"; "What is the BSP Online Buddy (BOB) and how to use it"; "BSP launches InstaPay". Each article provides unique insights and information.
Our article "BSP eyes zero-fee electronic fund transfers, payments to MSMEs" published on October 2, 2024 covers the latest information about BSP MSME initiatives. Check it out for the most current details.