The Bangko Sentral ng Pilipinas (BSP) is launching its new digital payments in the Philippines with its new Request to Pay (RTP) and Direct Debit services. BSP Deputy Governor Mamerto Tangonan announced the RTP Cash-In Service will launch in the second half of this year. Next year, BSP plans to roll out an RTP option for e-commerce. This move aims to make online payments smoother and more user-friendly. With the RTP system, payees can request payments directly from payers, giving users more control over their spending and better cash flow visibility. BSP is also teaming up with industry partners to pilot the Direct Debit service this year. This will help customers handle recurring payments like bills and subscriptions more efficiently by automating the process. These new services follow a big jump in digital payments in the Philippines. Read more in our articles including "BSP to Launch New Digital Payment Services in the Philippines" and "BSP will make the national payments system 24/7 in 2026".
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Apr 13, 2026The Bangko Sentral ng Pilipinas (BSP) is launching its new digital payments in the Philippines with its new Request to Pay (RTP) and Direct Debit services. BSP Deputy Governor Mamerto Tangonan announced the RTP Cash-In Service will launch in the second half of this year.
Next year, BSP plans to roll out an RTP option for e-commerce. This move aims to make online payments smoother and more user-friendly. With the RTP system, payees can request payments directly from payers, giving users more control over their spending and better cash flow visibility.
Our coverage of bsp payment includes: "BSP to Launch New Digital Payment Services in the Philippines"; "BSP will make the national payments system 24/7 in 2026"; "BSP launches InstaPay". Each article provides unique insights and information.