Rappler·3 min read·medium

Banks are dropping transfer fees. Here’s why it took so long.

L
lkyu0285
Banks are dropping transfer fees. Here’s why it took so long.
AI Summary

Major Philippine banks are eliminating transfer fees for InstaPay and PESONet transactions following new central bank guidelines. The move aims to boost the adoption of digital payments, which saw a growth slowdown in 2024.

Already have Rappler+? Sign in to listen to groundbreaking journalism.

Continue reading on Headlinne

Create a free account to read the full article.

Read full article →
businesseconomytechnology

Get the full story

Sign up for Headlinne to unlock AI insights, political bias analysis, and your personalized news feed.

Create free account

Already have an account? Sign in