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Gov. Diokno Cites BSP's Digital Payments Initiative During FFCCCII Convention

04.10.2019

Digital Payments Initiative During FFCCCII Convention

Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno told members of the Federation of Filipino-Chinese Chambers of Commerce and Industry, Inc. (FFCCCII) that the BSP continues to foster a regulatory environment supportive of financial innovations during the FFCCCIII’s 32nd biennial convention held recently in Pasay City. Highlighting the BSP’s drive to encourage more Filipinos to use e-payments, Governor Diokno said “we are promoting the wider usage of digital payments under the National Retail Payments System (NRPS), which is the BSP’s flagship program for digital finance”. The NRPS promotes a digital financial ecosystem where individuals, businesses and government entities can take advantage of technology to enhance efficiency and reliability in transferring funds.

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