The company has already empowered 845,000 small-scale community merchants with various digital financial solutions, and together with its partners, it will equip micro, small, and medium enterprises (MSMEs) with the right tools and products to grow their businesses safely and conveniently. The bank said the initiative is intended to make digital financial services more accessible while reducing transaction costs for customers. The central bank has been encouraging banks to promote wider use of digital payments and improve financial inclusion. The initiative supports the government’s goal of expanding digital financial services and building a more cash-lite economy in public markets and small businesses. The platform has since expanded into a broader digital financial ecosystem offering payments, lending, and other financial services to consumers, merchants, and enterprise partners. Read more in our articles including "GCash waives QR transaction fees for micro-merchants" and "Western Digital Around the World Contest".
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Jun 17, 2026The company has already empowered 845,000 small-scale community merchants with various digital financial solutions, and together with its partners, it will equip micro, small, and medium enterprises (MSMEs) with the right tools and products to grow their businesses safely and conveniently. The bank said the initiative is intended to make digital financial services more accessible while reducing transaction costs for customers.
The central bank has been encouraging banks to promote wider use of digital payments and improve financial inclusion. The initiative supports the government’s goal of expanding digital financial services and building a more cash-lite economy in public markets and small businesses. The platform has since expanded into a broader digital financial ecosystem offering payments, lending, and other financial services to consumers, merchants, and enterprise partners.
Our coverage of digital financial solutions includes: "GCash waives QR transaction fees for micro-merchants"; "Western Digital Around the World Contest"; "BPI to remove InstaPay, PESONet transfer fees starting July 1". Each article provides unique insights and information.