Starting immediately until May 12, 2025, the e-wallet will impose a ‘Send Money’ transaction limit, with normal operations resuming on May 13, 2025—the day after the elections. Users will receive an error notification if they exceed the cap, ensuring that potential vote-buying transactions are halted before they occur. In addition to stronger authentication, banks must also deploy fraud management systems capable of detecting suspicious transactions in real time. Read more in our articles including "GCash Implements Transaction Caps Ahead of 2025 Elections" and "GoTyme partners with DragonFi for Stock Trading feature".
Starting immediately until May 12, 2025, the e-wallet will impose a ‘Send Money’ transaction limit, with normal operations resuming on May 13, 2025—the day after the elections. Users will receive an error notification if they exceed the cap, ensuring that potential vote-buying transactions are halted before they occur.
In addition to stronger authentication, banks must also deploy fraud management systems capable of detecting suspicious transactions in real time.
Our coverage of E-wallet transaction cap includes: "GCash Implements Transaction Caps Ahead of 2025 Elections"; "GoTyme partners with DragonFi for Stock Trading feature"; "GCash, Visa, Mastercard eye PH Fare System Project". Each article provides unique insights and information.