Cash-on-delivery still dominates Phl online shopping
The Philippines remains Southeast Asia’s most cash-on-delivery-dependent e-commerce market, with CoD accounting for 23 percent of transaction value on Xendit’s…
· 1 MIN READ
Topic
payments
Latest Daily Tribune news and analysis on payments.
GIR falls to $99.5 billion, BoP deficit nears forecast
The Philippines’ gross international reserves fell to $99.5 billion at end-September, their lowest monthly level since September 2023, while the balance of…
· 2 MIN READ
Foreign reserves fall to three-year low as BOP deficit widens
The Philippines’ gross international reserves (GIR) fell to $99.5 billion at end-September, while the balance of payments (BOP) deficit widened to $9.1 billion…
· 2 MIN READ
CoA flags P397-M DSWD aid
The Commission on Audit (CoA) flagged ₱397.45 million in potentially duplicate and overlapping payments under the Department of Social Welfare and…
· 2 MIN READ
BSP sees BoP deficits in 2026 and 2027
‘These deficits highlight the shock from elevated oil and commodity prices, which continue to weigh on the country’s external position.’ — Bangko Sentral ng…
· 2 MIN READ
BSP sees BOP deficits in 2026 and 2027
The Philippines’ balance of payments (BOP) deficit is projected to reach $9.2 billion this year and $8.5 billion in 2027 as elevated oil prices, transport…
· 2 MIN READ
Digital trust key to MSME growth, IDfy says
IDfy urges Philippine financial institutions to streamline MSME business verification and strengthen fraud prevention to expand access to digital financial…
· 1 MIN READ
BDO upgrades payments system with Finastra
BDO Unibank is upgrading its payments infrastructure with Finastra’s Global PAYplus to support growing transaction volumes, improve automation and strengthen…
· 1 MIN READ
DepEd seeks return of P938K in senior high funds
The Department of Education is moving to recover P938,000 in Senior High School Voucher Program payments involving 53 beneficiaries whose enrollment status…
· 2 MIN READ
Smart spending tips for the festive season
Keep track of monthly obligations amid the holiday busyness without queuing up or switching apps. Settle dues for over 2,200 billers — including electricity,…
· 2 MIN READ
BSP honors 6 outstanding Mindanao partners
The Bangko Sentral ng Pilipinas recognized six institutional partners in Mindanao for their contributions to cash circulation, digital payments, financial…
· 2 MIN READ
GCash IPO expanding MSME reach
The DTI says wider digital payment adoption can help MSMEs expand into e-commerce and reach customers beyond local markets, as GCash parent Mynt prepares for a…
· 2 MIN READ
BoP deficit widens to $5.9B in August
The Philippines’ balance of payments deficit widened to $5.9 billion in the first eight months of 2026, while gross international reserves rose to a five-month…
· 2 MIN READ
BOP deficit widens to $5.9B in August
The Philippines’ balance of payments (BOP) deficit widened by roughly 9.3 percent to $5.9 billion in the first eight months of 2026, as the country continued…
· 2 MIN READ
Phl taps India to upgrade digital payments
The Philippines is exploring India’s UPI technology to speed up government aid, lower digital payment costs and enable cross-border QR payments.
· 2 MIN READ
BoP deficit narrows 33% to $3.9 billion
The BSP said this was supported by a net reduction in resident banks’ loan claims on nonresidents, along with higher foreign loan availments by domestic banks…
· 2 MIN READ
P187M set aside for payments to insured farmers
‘We have issued strict instructions to our regional staff to continue extending their assistance to the affected farmers and speed up the processing of their…
· 2 MIN READ