The share of monthly digital payments in total monthly retail transactions saw a year-on-year increase in 2022, according to the latest e-payments data of the Bangko Sentral ng Pilipinas (BSP).
The share of monthly digital payments in total monthly retail transactions saw a year-on-year increase in 2022, according to the latest e-payments data of the Bangko Sentral ng Pilipinas .
“The latest results show that we are steering in the right direction as we move closer to our goal of converting at least half of total retail payments volume into digital form by the end of 2023 under the BSP Digital Payments Transformation Roadmap,” said BSP Governor Felipe Medalla. This was followed by person-to-person payments and business- to-person salaries and wage payments with share to total digital payments volume at 14.7% and 2.2%, respectively.
Payments made by persons followed with 55.5% of transactions done in digital form while payments made by businesses were 9.8% digital.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
PH external debt service up 240%The Philippines’ external debt service burden rose by 240.7 percent to $4.313 billion as of end-March from $1.266 billion same period in 2022, based on Bangko Sentral ng Pilipinas (BSP) data. ManilaBulletin READ:
Baca lebih lajut »
Philippines’ national savings up 26.6% to P4.9T in 2022 —PSAThe Philippines’ total savings in 2022 rose to P4.90 trillion amid further normalcy and economic reopening following the hard lockdowns during the peak of the COVID-19 pandemic, data released by the Philippine Statistics Authority (PSA) showed Thursday.
Baca lebih lajut »
BSP data: Net ‘hot money’ outflows continued for fourth straight month in MayRegistered foreign investments with the Bangko Sentral ng Pilipinas (BSP) or “hot money” posted net outflows for the fourth straight month in May, albeit lower than the previous month, data released Thursday showed.
Baca lebih lajut »
BSP sees below 6% June inflationThe Bangko Sentral ng Pilipinas (BSP) forecasts a low of 5.3 percent consumer price index (CPI) for the month of June from May’s actual 6.1 percent inflation with the lower prices of meat and fruits, as well as liquefied petroleum gas (LPG) used widely in households.
Baca lebih lajut »
High prices, job loss could blunt pay-hike gain: experts | Cai U. OrdinarioTHE wage hike approved for the National Capital Region (NCR) may be among the highest approved in Metro Manila but, local economists said, this could also increase prices and cut jobs, particularly in micro, small, and medium enterprises (MSMEs). With this, economists said the Bangko Sentral ng Pilipinas (BSP) may…
Baca lebih lajut »
Net ‘hot money’ outflows shrank by 54% in MayThe net outflows of short-term foreign investments or “hot money” registered with the Bangko Sentral ng Pilipinas shrank by 54 percent to $124 million in May from $270 million in the same month last year, according to the BSP. | RonWDomingoINQ /PDI
Baca lebih lajut »