Lowyat.NETABM: SST Not Applied To Transfers, E-Wallets, Card Fees, ATM Use #banking #ewallets #fintech #sst
https://www.lowyat.net/2025/357061/sst-not-applied-to-transfers-e-wallets-card-fees-atm-use/
JKN
거윈 🍉🌾GXI is now a mere subsidiary of the Mynt brand (aka Globe Fintech Innovations, Inc), which seems to be the holding company for #fintech by Ayala Corp.?
Isn't Gcash still the preferred #ewallet for most people/merchants in the #philippines ?
I don't know, since I don't have one, and have always used BPI to pay/transfer to Gcash #ewallets
The #QRPH improved cross-wallet accessibility, but it's still annoying to encounter merchants not familiar with it.
LetsLearnAbout.netRemember to remove ex-workers credentials when you fire them, lmao
#cybersecurity #crypto #ewallets #BasicStuff
https://securityaffairs.com/156029/hacking/ledger-supply-chain-attack.html
MetharkPayPal When International Instant Payments Begin
https://medium.com/@methark/paypal-when-international-instant-payments-begin-8af796201553
#PaymentSystems #InstantPayments #DigitalCurrency #Ewallets #Fintech #GlobalFinance #CentralBanks #FinancialTechnology #MoneyTransfer #CurrencyConversion #BankingIndustry #DigitalTransformation #OnlineFinance #Neobanks #FinanceNews #FinancialInnovation
https://medium.com/@methark/paypal-when-international-instant-payments-begin-8af796201553
#PaymentSystems #InstantPayments #DigitalCurrency #Ewallets #Fintech #GlobalFinance #CentralBanks #FinancialTechnology #MoneyTransfer #CurrencyConversion #BankingIndustry #DigitalTransformation #OnlineFinance #Neobanks #FinanceNews #FinancialInnovation
jrosenbergBangko Sentral ng Pilipinas (BSP, Philippines), BSP Replaces Unfit Currency with Digital Cash in Tagbilaran, January 16, 2023
— Available here: https://www.bsp.gov.ph/SitePages/MediaAndResearch/MediaDisp.aspx?ItemId=6588
#digitalassets #digitalcash #ewallets #currency #banknotes #digitalpayments #banking #paymentsystems #BangkoSentralngPilipinas #BSP #Philippines #centralbanks
I'm curious about user behavior re the use of #eWallets for #MicroPayments
Do you only (usually) use the same #eWallet brand to pay recipients using the same eWallet?
Does that even matter where you're from? Feel free to elaborate by adding a reply.
In the #Philippines, for example, people usually pay #Gcash to Gcash / or #Maya to Maya because of zero transaction fees. A transaction with another wallet (e.g. Maya to Gcash) may cause a few extra bucks - which adds up, if you use it a lot.
Same eWallet (myself, recipient)
I use my favorite
I don't use any eWallet
Poll ended at .
@evelyn Basically, the BSP mandated all banks and #ewallet service providers to inter-operate with each other by using a common #QRph standard, piggybacking on #PesoNet and #InstaPay. In theory, consumers no longer need not maintain different apps or #eWallets to transfer funds to each other, but in reality, some consumers find the transaction fees a turn-off, especially if they do a lot of inter-wallet transactions.
Except for a handful, too many banks in the #Philippines charge very high transaction fees involving other banks, or #ewallets
How high? According to this [0] document, the actual cost of #instapay fees is only 3 PHP (0.05 USD) , and yet many charge consumers between 10 PHP up to 25 PHP **per** transaction.
As for #pesonet, I read elsewhere that their cost is even lower than 3 PHP.
[0]: https://bfaglobal.com/wp-content/uploads/2022/08/Highlights-emerging-from-Philippines.pdf
How high? According to this [0] document, the actual cost of #instapay fees is only 3 PHP (0.05 USD) , and yet many charge consumers between 10 PHP up to 25 PHP **per** transaction.
As for #pesonet, I read elsewhere that their cost is even lower than 3 PHP.
[0]: https://bfaglobal.com/wp-content/uploads/2022/08/Highlights-emerging-from-Philippines.pdf
