Contactless payments using Visa, Mastercard, and Google Pay increased LRT-2 ridership by 10% in Manila.
3 reports, 2 independent
Updated Jul 13
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Reached 3 outlets in its first 24 hours
- Reports
- 3
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- 2
- Repetition
- 33%
New informationRepeats or wire copies
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What happened
Contactless payments using Visa, Mastercard, and Google Pay increased LRT-2 ridership by 10% in Manila.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.Major payment systems integrate with LRT-2 to modernize the nationwide transport system.1 source
Contactless payment adoption in Manila's LRT-2 boosts ridership by 10%.1 source
Keep exploring
Part of
The central bank of the Philippines operates within the country's digital infrastructure and manages financial services expansion.Also in this story
- The central bank of the Philippines found illegal businesses operating on payment platforms.
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- The Bangko Sentral ng Pilipinas issued a digital banking license to MariBank, with SEC approval, expanding digital services in the Philippines.
- The central bank of the Philippines oversees the fixed-income market, noting that IRS market activity has reached P114 billion, and the IRS curve will replace the BVAL curve.
The entities involved
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Manila
capital city of the Philippines
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Philippines
archipelagic country in Southeast Asia
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Bangko Sentral ng Pilipinas
central bank of the Philippines
Related events
- Bangko Sentral ng Pilipinas regulates digital payment fee structures for financial institutions under the National Retail Payment System in the Philippines.
- The Bangko Sentral ng Pilipinas announced a major regulatory move, imposing a 12-month pause on the registration of new payment operators in the country.
- The Bangko Sentral ng Pilipinas (BSP) is driving growth in digital payments within the Philippines.
- A summit was held to discuss digital payment trends in the Philippines.