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Manila Bulletin·3 min read·medium

Here's why banks and e-wallets waived or lowered transfer fees

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Ica Hontiveros-Cheng
Here's why banks and e-wallets waived or lowered transfer fees
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The Bangko Sentral ng Pilipinas has lifted a moratorium on digital transfer fees, prompting banks and e-wallets to adjust their pricing strategies. While some banks have waived fees entirely, e-wallets like GCash and Maya have only slightly reduced theirs due to their narrower revenue models.

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Manila Bulletin - Here's why banks and e-wallets waived or lowered transfer fees

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