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Pioneering digital access to finance for farmers. In photo are FINTQ Managing Director Lito Villanueva, Voyager President and CEO Orlando B. Vea, PLDT, Smart, Voyager and FINTQ Chairman Manuel V. Pangilinan, Producers Bank Chairman and Chief Executive Officer Andres M. Cornejo, Producers Bank Board Director Gilda E. Pico, and Producers Bank President and Chief Operating Officer Manuel A. Castañeda III. Photo from Manila Bulletin

ASEAN’s first digital agri crop loans set to launch via Lendr

Starting next month, farmers can already apply for loans which could help them finance and increase their farm production, through the country’s first mobile-based digital agricultural crop loan service offered by thrift bank Producers Savings Bank Corporation (Producers Bank) via Lendr, FINTQ’s award-winning and pioneering digital lending platform.

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Coins.ph screenshot

Bitcoin wallet raises $5 million to increase Southeast Asian financial inclusion

Philippines-based mobile Bitcoin wallet, Coins, recently announced US$5 million in a new funding, specifically aimed at expanding basic financial services to the unbanked population throughout Southeast Asia.

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TAX_PAYMENT
Photo from www.pixabay.com

Tax payment via credit, debit, prepaid cards OK’d

TAXPAYERS may soon settle their dues with the Bureau of Internal Revenue (BIR) using credit, debit or prepaid cards.

Finance Secretary Cesar V. Purisima has approved Revenue Regulations (RR) No. 3-2016, prescribing the policies and guidelines on the use of credit, debit and prepaid cards as additional modes of tax payment.

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Photo from www.mb.com.ph

Integrating PH mobile money systems possible within this year

Mobile money systems can be integrated within this year. Filipinos can receive or send money regardless of the telco they are subscribed to – giving a big boost to the digital economy.

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Photo from www.flickr.com

Eight out of 10 Filipinos check their smartphones upon wake up

More Filipinos are connected or becoming slaves of their smartphones.

Within 15 minutes of waking up, 79 percent or nearly 8 out 10 Filipinos have already checked their smartphones, compared to more than half of mobile phone users in Southeast Asia. Filipinos also glance at their screens repeatedly, using their phones most frequently when commuting on public transport. It’s also worth noting that compared to other SEA countries, in the Philippines there is a significant proportion of users – 31 percent – who listen to online radio via their smartphones.

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