Banks and e-wallets gradually roll out services that simplify transfers and recurring payments.
Developer taps BPI financing as it advances capital spending and the planned redevelopment of Alabang Town Center.
The bank set aside ₱13.3 billion to cover loans it expects may not be repaid, citing a weaker macroeconomic outlook.
The Filipina tennis star says she hopes to collaborate with more local designers as fashion becomes another way to celebrate her heritage on the international stage.
Free InstaPay and PESONet transfers continue to expand across major local banks.
Users speculate after the app’s free transfer counter disappears, fueling hopes the digital bank will remove transfer limits.
State-run lender becomes the latest bank to waive InstaPay and PESONet charges after similar moves by BPI and RCBC.
Banks earn from deposits while e-wallets cannot, which makes fees more material.
Customers can send money to other banks and e-wallets for free through eligible RCBC Pulz and all DiskarTech person-to-person transactions as competition in digital banking intensifies.
The move removes InstaPay and PESONet fees for millions of users and raises questions on how banks will price digital transactions moving forward.
