payments - updates

Rappler's latest stories on payments

ARTICLE FINDER

In high-tech Japan, cash is still king

Aug 21, 2019 - 12:54 PM

It may not be happening now in Japan but Rakuten boss Hiroshi Mikitani says that 'one day soon, money as we know it – notes and coins that we carry with us – will be as outdated and collectable as vinyl discs are now'

CASHLESS. This photo taken on July 25, 2019 shows a transaction for payment via PayPay – a tie-up between Softbank and Yahoo – by using a smartphone at a Koguma restaurant in Tokyo. Photo by Toshifumi Kitamura/AFP


Coins.ph, GCash, GrabPay, PayMaya: Who’s leading the mobile payments war in PH?

Apr 02, 2019 - 12:51 PM

Take a close look at how the competition is playing out so far

Why the Philippines has been slow to adopt e-wallets

Mar 18, 2019 - 6:42 PM

And why that's about to change

Makati extends work hours for business permit renewal, tax payments

Jan 04, 2019 - 11:22 AM

Makati's Business Permits and Licensing Office and other key offices will also be open on weekends until January 20

European Central Bank launches real-time payments in challenge to tech giants

Nov 30, 2018 - 1:22 PM

The so-called TIPS system will allow consumers and businesses across the 19-nation euro area to send and receive money in mere seconds, without the usual lags associated with online and real-world transactions

Grab PH expands mobile wallet services to bills payment, purchases

Sep 27, 2018 - 2:57 PM

Grab is among 11 non-banks licensed to operate as electronic money issuers in the country

FULL SUITE. Users of Grab Philippines will soon experience its 'full suite' of mobile wallet services.

2019 budget: Executive branch, lawmakers OK 6-month extension for payments

Aug 30, 2018 - 3:59 PM

Agencies and departments will now have until 6 months after the fiscal year to make their payments under the 2019 cash-based budget system, says Executive Secretary Salvador Medialdea

Bianca Gonzalez answers your questions about going cashless

Jun 18, 2018 - 2:35 PM

The host and author answers common misconceptions about cashless transactions

DFA launches ePayment for passport applications

Jun 14, 2018 - 8:30 PM

The Department of Foreign Affairs says its ePayment portal will significantly reduce no-shows for passport appointments in its consular offices

EPAYMENT. A passport applicant tries out the ePayment portal of the Department of Foreign Affairs (DFA) in Market! Market! on June 14, 2018. Photo courtesy of DFA

Planned deal between PLDT's Voyager, Tencent might not push through

May 14, 2018 - 6:45 PM

There's no progress in talks between PLDT unit Voyager Innovations Incorporated and Chinese tech giant Tencent Holdings Limited, according to Manuel Pangilinan

BSP launches InstaPay electronic fund transfer service

Apr 23, 2018 - 4:05 PM

Real-time fund transfers or payments of up to P50,000 per transaction, without limit, are allowed in a day

Globe works to make GCash compatible with Alipay

Apr 22, 2018 - 7:55 PM

GCash and Alipay launch a new QR code for Chinese Alipay users in the Philippines, while Filipino GCash users would eventually be able to pay via their digital wallets in China, too

GCash-Alipay-integration Photo from Mynt.

Freelancing taking root in the Philippines – study

Apr 01, 2018 - 6:10 PM

The young and digitally adept Philippine freelance market encompasses around 2% of the population and is expected to grow further, according to a new study by PayPal

Beep cardholders now allowed to reload using Coins.ph

Mar 19, 2018 - 8:15 PM

The new function enables commuters to reload Beep cards in seconds – with as little as P10 – using funds from Coins.ph digital wallets on Android smartphones

Globe to set up cell sites, Wi-Fi hotspots at Shell gas stations

Jan 22, 2018 - 8:25 PM

The telco and the oil firm identify an initial 14 Shell stations for their new partnership

Photo from Globe Telecom

Mark Wahlberg donates $1.5 million after pay gap controversy

Jan 14, 2018 - 7:00 PM

'I 100% support the fight for fair pay and I'm donating the $1.5M to the Time's Up Legal Defense Fund in Michelle Williams' name,' says the actor

McDonald's Philippines goes cashless with PayMaya

Jan 12, 2018 - 5:16 PM

The digital services arm of PLDT has upped the cashless payments battle with the launch of its partnership with McDonald's Philippines

CASHLESS PAYMENT. McDonald's Philippines is rolling out Mastercard and Visa card payments in select branches nationwide, through PayMaya Philippines. In the photo are (L-R) PayMaya Head of Acquiring Business Mar Lazaro; PayMaya Head of Issuing Business Raymund Villanueva; McDonald's Philippines Founder and Chairman George T. Yang; McDonald's Philippine President and CEO Kenneth S. Yang; Kevin Yang; PLDT, Smart, Voyager, and PayMaya Chairman Manuel V. Pangilinan; Voyager and PayMaya President and CEO Orlando B. Vea; and PayMaya Philippines COO and Managing Director Paolo Azzola. Photo from PayMaya Philippines

LRT1 ticket machines to accept new P5 coins by March 2018

Dec 22, 2017 - 5:04 PM

While machines are not yet ready, the public should double check their P5 coins to avoid inconveniences during the holiday rush

NEW COINS. LRT1 ticket machines to accept new P5 coins by March 2018. Photo by Rappler

UnionBank sets out to hack PH banking with digital transformation

Dec 14, 2017 - 4:59 PM

UnionBank’s ongoing digital transformation involves a complete overhaul of its technology processes and work culture

Globe partners with SM Store for easy payments

Dec 03, 2017 - 10:05 PM

SM Store customers can now use GCash's scan-to-pay feature to buy items with their mobile phones

Globe, PLDT battle it out in cashless payments

Oct 25, 2017 - 4:25 PM

Globe invites Chinese billionaire Jack Ma to the launch of its new mobile payment technology. On the same day, PLDT relaunches its scan-to-pay service.

QR CODES. GCash users are now able to shop at select Glorietta 4 merchants with a simple scan of their personal QR code in their smartphone. Photo by Chrisee Dela Paz/Rappler

Jack Ma: Alibaba to keep investing in PH

Oct 25, 2017 - 3:45 PM

The Chinese business icon reiterates Alibaba's long-term commitment to the Philippines, where it plans to build up e-commerce through partnerships with Lazada and Globe Telecom

Photo by Alecs Ongcal / Rappler

How PayMaya redefines the PH digital payment landscape

Oct 25, 2017 - 12:42 PM

The digital financial service wants to make mobile and digital payments more accessible to Filipinos nationwide

Through the PayMaya Tap-To-Pay terminal installed in toll booths within select tollways, users are able to quickly pay their tolls using their contactless cards

What is Bitcoin?

Oct 06, 2017 - 4:01 PM

The basics of how BitCoin is earned and used


PayMaya now lets you pay for bills, send money and buy load on Facebook Messenger

Sep 23, 2017 - 7:40 AM

Just search for @PayMayaOfficial on the app to start a transaction

Globe's GCash partners with Hong Kong-based EMQ for remittances

Sep 04, 2017 - 8:50 PM

With the partnership EMQ users can now send funds to GCash account holders

Leyte quake, Marawi death toll, Mayweather | Evening wRap

Jul 10, 2017 - 9:12 PM

Watch the evening newscast with Acor Arceo

Makati launches digital payments card for gov't transactions, purchases

May 30, 2017 - 10:35 PM

The Makatizen Card launched by the city government in partnership with Globe and iBayad functions as an ATM card and a valid government ID

DIGITAL SWISS KNIFE.  The government of Makati City along with Globe and iBayad launch the all-in-one Makatizen card. Photo from Globe Telecom

Espenilla's target: Break new ground for financial inclusion

May 13, 2017 - 2:39 PM

Incoming BSP Governor Espenilla says It’s easy because essentially I’m here doing a job… Our mandate is clear and our constituency is clear: I serve the public

Bangko Sentral ng Pilipinas New Governor Nestor Espenilla speaks with the members of media during press briefing at BSP Complex in Manila. Photo by Inoue Jaena/Rappler

Espenilla promises continuity, more financial innovation at BSP

May 09, 2017 - 9:10 PM

The new governor of the Bangko Sentral ng Pilipinas outlines his plans to maintain the country s monetary stance as well as expand the debt market and digital payments

Bangko Sentral ng Pilipinas New Governor Nestor Espenilla speaks with the members of media during press briefing at BSP Complex in Manila. Photo by Inoue Jaena/Rappler

Ombudsman, death penalty, Flynn | Midday wRap

Apr 26, 2017 - 1:30 PM

Watch the midday newscast with Margie de Leon

Cebu Pacific expands payment options

Mar 31, 2017 - 11:24 AM

The airline has a special announcement just in time for the summer peak period

Beep cards now accepted in Citylink buses

Mar 23, 2017 - 5:34 PM

The company behind Beep cards says it will partner with more bus companies in Metro Manila

1ST DISTANCE-BASED. Commuters can now use their Beep cards in Citylink buses plying Newport City in Pasay City to Eastwood City in Quezon City and vice-versa. Rappler file photo

New BIR rule on tax payment seen to benefit small businesses

Feb 15, 2017 - 6:42 PM

The rule change is seen to primarily benefit the self employed and small business owners who usually line up for hours at the BIR to pay their taxes

Globe, PayPal tie up to boost MSME, freelancer market

Feb 09, 2017 - 2:00 PM

The partnership allows PayPal users to link their account with GCash and withdraw funds within the day from ATMs and GCash partners at zero or almost zero cost

US queries PayPal in money laundering probe

Feb 09, 2017 - 12:09 PM

We have received subpoenas from the US Department of Justice seeking the production of certain information related to our historical anti money laundering program says Paypal

PAYPAL. The logo of online payment company PayPal is pictured during LeWeb 2013 event in Saint-Denis near Paris on December 10, 2013. File photo by Eric Piermont/AFP

PayMaya Philippines aims for 1 million users by end of 2016

Nov 22, 2016 - 6:20 PM

To help achieve this PayMaya partners with PayPal which has 179 million active users worldwide

BREACH 1M. PLDT Chairman Manuel V. expects PayMaya to hit P200-billion worth of transactions for the entire 2016. Rappler file photo

Traveling soon? Pay your travel taxes online

Oct 30, 2016 - 8:14 AM

Skip the queues at the airport and pay your travel tax online before your flight

HASSLE FREE. TIEZA's online payment system allows travelers to skip airport queues to pay travel tax. Photo from the TIEZA website

Global fintech firm Payoneer expands into PH

Sep 24, 2016 - 12:51 PM

The New York based firm is drawn to the country’s rapidly expanding base of online workers and entrepreneurs which already comprises almost 20 of the global online workforce

Electronic clearing of checks to start January 2017 – BSP

Sep 14, 2016 - 5:13 PM

The new check clearing process is expected to speed up the crediting of funds to depositors accounts from 3 to 5 banking days to only one banking day

Advocates seek to boost e-payments growth by 2020

Sep 06, 2016 - 7:00 PM

For e payments to flourish banks have to adopt a system where customers can transfer funds to Bank B or C even if their account is with Bank A says E Peso advocate Mamerto Tangonan

Beep cards expand to tollways

Aug 11, 2016 - 11:14 AM

AF Payments Incorporated starts its limited public trial on accepting beep cards as payment at CAVITEX for the toll fees of Class 1 vehicles

TOLLWAYS. AF Payments says beep cards can be purchased or reloaded at the Parañaque Customer Service Center during the public trial phase. Rappler file photo

Gov't debt stands at P5.948 trillion in first half of 2016

Aug 08, 2016 - 9:30 PM

Foreign exchange fluctuations and new domestic borrowings push up the debt stock in June but total debt has decreased slightly from the start of the year

PayMaya Philippines to tap ASEAN market

Jun 24, 2016 - 11:56 AM

PayMaya Philippines plans to ink about 10 local and foreign partnerships this year

UNPRECEDENTED GROWTH. PayMaya sees transaction volume of across its platforms hitting P200 billion for the entire 2016

Tap-and-go beep cards now accepted on BGC buses

Jun 16, 2016 - 1:46 PM

BGC bus commuters can now use their tap and go beep cards to pay for their bus rides

TAP AND GO. The new Beep card can now be used to pay for trips on BGC buses. Photo from the Twitter account of LRT spokesman Hernando Cabrera

Beep card reloading now available at Bayad Center outlets

Jun 07, 2016 - 4:30 PM

The beep cards used on the MRT3 and LRT Lines 1 and 2 may now be reloaded at select Bayad Center outlets

RELOADING OPTIONS. The tap-and-go beep cards may now be reloaded at select Bayad Center outlets. Photo from beep card Facebook page

#AskTheTaxWhiz: Checklist when filing income tax returns

Apr 09, 2016 - 1:38 PM

A former BIR examiner lists down requirements when filing income tax returns by April 15

DEADLINE WORRIES. With about a week left before the deadline of filing income tax returns, Mon Abrea answers some tax concerns. Illustration by Mara Mercado/Rappler

#AskTheTaxWhiz: Do we need to use BIR's electronic filing system?

Mar 31, 2016 - 9:00 PM

The Tax Whiz tells us who must file using the BIR s eFPS whether taxes can be paid in installments and how tax avoidance works

Google tests digital wallets that can stay in pockets

Mar 03, 2016 - 8:00 PM

The Internet giant is testing a pilot app called Hands Free for its Android Pay system

SAN FRANCISCO, CA - MAY 28: Android Pay is demonstrated during the 2015 Google I/O conference on May 28, 2015 in San Francisco, California. The annual Google I/O conference runs through May 29. Justin Sullivan/Getty Images/AFP

GCash, PayMaya team up to boost mobile money usage

Feb 24, 2016 - 9:00 PM

This marks the first successful interoperability trial in Southeast Asia between two mobile money providers

INTEROPERABILITY. Users of PayMaya can soon send funds to users of GCash and other mobile money systems