Standard QR code payment system to accelerate PH shift to ‘cash light’ economy

MANILA, Philippines—A standardized quick reaction—or QR— code system in the local financial system will help accelerate the Philippines’ transition to a more “cash light” economy where payments between merchants and customers will be faster, safer and more efficient. Thus said the Bangko Sentral ng Pilipinas (BSP) which recently reached a milestone in the country’s digital … Continue reading Standard QR code payment system to accelerate PH shift to ‘cash light’ economy