BSP, payments industry enhance e-payments settlements

PTVPhilippines
PTVPhilippines
  • 2 months ago
BSP, payments industry enhance e-payments settlements
Transcript
00:00The Monetary Board of the Banko Sentral ng Pilipinas or BSP approved revised guidelines for the settlement of electronic payments
00:08under the National Retail Payment System or NRPS framework to enhance payment system integrity and efficiency.
00:15These guidelines provide operational flexibility to automated clearing houses or ACHs like Instapay and Pesonet.
00:24No policies require BSP approval for changes to e-payment settlements ensuring careful review.

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