#credit cards

The Congress approved a new bill that appoints Bangko Sentral ng Pilipinas (BSP) to regulate the Philippines' credit card industry and protect the cardholders against abusive practices, CNN Philippines reports. Called the "Philippine Credit Card Industry Regulation Act", it encompasses all credit card issuers, acquirers, and all transaction pertaining to credit cards. With the availability of Google Pay in the Philippines, a list of banks and credit card service providers have been released by Google in their official support pages. Contrary to what was previously reported, local financial institutions are reported to make the switch to EMV-based ATM and credit cards sooner than what was mandated by the Bangko Sentral ng Pilipinas which is due on January 2017. As mentioned on our previous post, the main advantage of EMV-based cards over its predecessor is the information on magnetic strip on the former is dynamic as opposed to static. I've been an avid fan of the Moo cards ever since they went online. The business/calling cards are of high quality and each one is unique so even if they're coming in from London and are a little expensive, I ordered 3 boxes. All 300 cards have a typo with the mobile number. Read more in our articles including "Congress approves bill to regulate PH's credit card industry" and "List of Bank, Credit Cards supported by Google Pay in the Philippines".