Trade Secretary Alfredo E. Pascual on Thursday personally backed calls for the extension of the deadline for the registration of SIM cards, noting this is crucial in hastening the march to digital payments, especially for small and medium enterprises.
TRADE Secretary Alfredo E. Pascual on Thursday personally backed calls for the extension of the deadline for the registration of Subscriber Identity Module cards, noting this is crucial in hastening the march to digital payments, especially for small and medium enterprises.
He reiterated the importance of ensuring most SIM cards are registered in boosting online transactions for micro, small, and medium enterprises . “If you are dealing with payments, you have to be sure that the communication is coming from a known source rather than from an unregistered SIM,” he added.
It was signed into law by President Ferdinand R. Marcos Jr. “to promote the responsible use of SIM cards and provide law enforcement agencies the necessary tools to crackdown on perpetrators who use SIMS for their crimes.”
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