Revenues derived by the Bangko Sentral ng Pilipinas (BSP) from its payments and settlements system eased in the third quarter from a year earlier on lower transaction values.
The central bank, in its Report on Economic and Financial Developments for the period, said transaction fees from the Philippine Payments and Settlements System (PhilPaSS) went down by 10.2 percent to P34 million from P37.8 million last year.
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