Fund transfers done via InstaPay continued to surpass withdrawals via automated teller machines (ATMs) both in terms of value and volume postpandemic, indicating Filipinos growing preference to use digital payment services. In a report, the Bangko S

The Bangko Sentral ng Pilipinas (BSP) will double down on its efforts to promote digital payments in the country by eventually weaning the country from its dependence on coins for payments.ibetph The transition to a coin-lite society will start once