More Filipinos are now using online or digital payment systems for purchases of goods and services. The BSP is happy about it as it had been pushing for more use of the digital space.

People using online payments surpass 30% in 2021

The Covid-19 pandemic and the recurring thievery (holdup, stick ups and other petty crimes) in markets and other retail outlets of the country have caused the surging need for mobile digital payments and cards (debit and credit) among the Filipino consumers.

More Pinoys go 'cashless'

BIR Deputy Commissioner Arnel Guballa said he had ordered an investigation on social media payment platform Lyka's supposed tax delinquencies, after it was discovered that it is illegally performing as an operator of payment service, and is thus required to register with the BSP.

Not looking good; BIR probes payment app Lyka over unpaid taxes

Not looking good; BIR probes payment app Lyka over unpaid taxes photo from My Gem Tea Guiguinto

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More Pinoys go 'cashless'

People using online payments surpass 30% in 2021

Not looking good; BIR probes payment app Lyka over unpaid taxes

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