The Bangko Sentral ng Pilipinas (BSP) will implement a two-year ban on all non-bank electronic money issuer (EMI) applications including those bank-owned EMIs beginning Dec. 16 to ensure a liquidity-strong digital payments sector. “The ban is for all non-bank EMI including those bank-owned,” said BSP Deputy Governor Chuchi G. Fonacier ...

Source: Manila Bulletin (https://mb.com.ph/2021/11/19/bsp-to-close-all-e-money-applications-for-two-years/?utm_source=rss&utm_medium=rss&utm_campaign=bsp-to-close-all-e-money-applications-for-two-years)