Tag: mobile payment

The entry of Google Pay into the Philippine market has been anticipated for a long time, especially since many other countries in Southeast Asia, such as Singapore, Malaysia, Thailand, and Vietnam, already had the service. Its launch is significant for several key reasons: regulatory clarity, core technology, and the immediate impact on consumer and merchant behavior. Regulatory Facilitation A crucial factor that enabled Google Pay’s swift launch was the decision by the Bangko Sentral ng Pilipinas (BSP), the country’s central bank. The BSP clarified that Google Pay, along with other similar global platforms like Apple Pay, operates as a technology ... Read more