Philippine Daily Inquirer12d
BSP to liberalize e-money issuance
The Bangko Sentral ng Pilipinas (BSP) is now ready to welcome more nonbank electronic money issuers in a bid to promote ...
The Manila Times on MSN13d
Moratorium on e-money companies lifted by BSP
THE Bangko Sentral ng Pilipinas (BSP), through Monetary Board Resolution 1400 on Dec. 5, 2024, lifted the moratorium on new ...
International Monetary Fund1mon
A New Era of Digital Money
And public law must clarify the legal status of privately issued money. Should new arrangements be treated as electronic money, bank deposits, securities, commodities, or something else? Answers to ...
Tempo26d
E-Money and E-Wallet Service Fees Subject to 12 Percent VAT Starting January, Here's DJP's Explanation
TEMPO.CO, Jakarta - Service fees for transactions with electronic money (e-money) and digital wallets (e-wallet) will be subject to a 12 percent value-added tax (VAT) levy early next year. The ...
Yahoo Finance13d
Philippines ends ban on electronic money issuers
Philippines central bank, The Bangko Sentral ng Pilipinas (BSP) has lifted its moratorium on new electronic money issuers from non-bank financial institutions (EMI-NBFI). This move, outlined in ...
PhilStar Global on MSN13d
BSP lifts ban on new e-money licenses
The Bangko Sentral ng Pilipinas (BSP) has lifted its moratorium on applications for new electronic money issuers for non-bank ...
BusinessMirror13d
BSP lifts ban on electronic money issuers’ application
THE Monetary Board has lifted the moratorium on the application of new Electronic Money Issuers-Non-Bank Financial Institutions (EMI-NBFI) to expand the use of digital payments and promote ...