Connect with us

Hi, what are you looking for?

News

Paleng-QR payment system launched in Bohol’s Tagbilaran market 

MAYA PHOTO HANDOUT

THE GOVERNMENT’S Paleng-QR program, which aims to expand the country’s digital payment system, has been launched in Bohol, the first stop for the Central Visayas region.  

In a statement on Thursday, digital banking and money app company Maya, the first financial services platform to adopt QR Ph, said cashless transactions are now available at the public market in Tagbilaran City, the capital of Bohol.     

“Small merchants and Filipino consumers are not only enjoying a hassle-free payment experience for their everyday transactions with Maya QR but also creating a financial footprint that allows them to access more advanced banking services offered by Maya,” said Maya Head of Enterprise Business Mar Lazaro.   

Apart from vendors at the public market, tricycle drivers as well as other micro, small and medium enterprises are also encouraged to adopt the cashless payment system.   

The Paleng-QR Ph initiative, led by the Banko Sentral ng Pilipinas and the Department of Interior and Local Government, was initially rolled out last year in Baguio City in northern Philippines and in Davao City in the south.

Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest

Editor’s Pick

<?xml encoding=”utf-8″ ??> Ava Whetstone-Magee, the founder of Avalanche Equestrian talks about the lightbulb moment which led her to start her business at the age...

Editor’s Pick

<?xml encoding=”utf-8″ ??> The exodus of workers from the jobs market over the pandemic has weakened prospects for Britain’s economic growth, the governor of...

Editor’s Pick

<?xml encoding=”utf-8″ ??> Will Polston, talks to Business Matters about how helping ambitious owners to maximise their potential has resulted in him becoming a finalist...

News

Elon Musk talks about his company’s Starlink project at the Mobile World Congress, Barcelona, Spain, June 30, 2021. — BRISA PALOMAR / PACIFIC PRESS/SIPA...

News

PHILSTAR FILE PHOTO The National Economic and Development Authority (NEDA) has approved seven “high-impact” projects, ranging from agriculture to transportation, the agency’s top official...

News

Television (TV) advertising is shifting toward addressable TV, a service that allows advertisers to show different ads to different audiences watching the same program,...

You May Also Like

News

COVID-19 has had a significant impact on the mental health of Filipinos across different groups all over the archipelago. From frontline workers, parents balancing...

News

REUTERS By Luz Wendy T. Noble, Reporter The country’s foreign exchange buffers slightly increased as of end-October as the value of the central bank’s...

News

BW FILE PHOTO GROSS BORROWINGS by the National Government reached P2.6 trillion as of end-September as it continued to raise funds to respond to...

News

KARASOLAR.COM TENA, Ecuador — Ecuador’s rainforest Achuar people say their ancestors long dreamed of a “fire canoe” or “electric fish” that would let them...

Disclaimer: Respect Investment.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2022 Respect Investment. All Rights Reserved.