Amid the pandemic, digital services and platforms became the primary means of transaction among Filipinos, a Bangko Sentral ng Pilipinas (BSP) official said.

In her presentation during the 18th Development Policy Research Month virtual kickoff forum held recently, BSP Assistant Governor Iluminada Sicat said the central bank saw an increase in electronic fund transfers vis-à-vis automated teller machine (ATM) withdrawals and check transactions during the lockdowns and quarantines from March to May.

Premium + Digital Edition

Ad-free access

P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

See details
See details