The Bangko Sentral ng Pilipinas (BSP) will designate the check image clearing system (CICS), automated teller machine (ATM) payment system, PESONet and InstaPay as prominently important payment systems (PIPS). 37722 This is based on the BSP’s draft guidelines and proposed expectations for all participants of CICS, ATM, PESONet and InstaPay. ...

Source: Manila Bulletin (https://mb.com.ph/2021/10/10/bsp-to-designate-important-payment-systems/?utm_source=rss&utm_medium=rss&utm_campaign=bsp-to-designate-important-payment-systems)