Industry Verticals News

BSP clarification on Circular 1238 boosts confidence in Philippine digital payments sector

FinTech Alliance PH has welcomed the Bangko Sentral ng Pilipinas’ (BSP) clarification on Circular No. 1238, describing it as a significant step toward providing regulatory certainty for the country’s rapidly growing digital financial services industry. The BSP clarified that Circular No. 1238 should be interpreted as a cost-based fair pricing guideline rather than a zero-fee […]