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Over half of retail payments went digital in 2023, beating BSP goal

By Inquirer - 4 months ago
Over half of monthly retail payment transactions in the Philippines were done through digital channels, smashing the Bangko Sentral ng Pilipinas’ (BSP) expectations and boding well for the government’s financial inclusion goals. Latest data released by the BSP on Tuesday showed the share of digital payments to total retail payment transactions in the country grew

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