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BusinessWorld Banking

Central bank monitoring market for digital person-to-government payments

THE BANGKO SENTRAL ng Pilipinas (BSP) could consider pushing for lower fees for digital person-to-government transactions but is still monitoring the market’s response to Land Bank of the Philippines’ (LANDBANK) earlier move to waive charges for these payments. BSP Deputy Governor Mamerto E. Tangonan said they would need a “big enough” market reaction to see […]

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Source: bworldonline.com

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