Money can move in a jiffy through this platform.
The Bangko Sentral ng Pilipinas (BSP) has rolled out the InstaPay service on Monday, April 23 meant to process real-time fund transfers across different banks and digital wallets.
In a statement, the central bank said the newest payment channel will process transactions 24/7, with the amounts to be credited just a few seconds after the payment is made.
“Via InstaPay, Filipinos can start enjoying safe and affordable electronic retail payments in real-time. Individuals, businesses, and government institutions will be able to send and receive funds or make payments in real time of up to PHP50,000 per transaction, without limit, in a day,” the BSP said.
These transactions are done online and via bank’s apps, and will eventually extend to electronic money wallets.
“This eliminates the need to go through the trouble of physically travelling and transacting at bank branches or payments counters,” the central bank added.
It’s women’s month!
“Support women every day of the year!”
Invoke Article 33 of the ILO constitution
against the military junta in Myanmar to carry out the 2021 ILO Commission of Inquiry recommendations against serious violations of Forced Labour and Freedom of Association protocols.
Accept National Unity Government
(NUG) of Myanmar.
Reject Military!
#WearMask #WashHands #Distancing #TakePicturesVideos
Monthly Observances:
Women’s Role in History Month
Weekly Observances:
Week 1: Environmental Week
Women’s Week
Week 3: Philippine Industry and Made-in-the-Philippines
Products Week
Last Week: Protection and Gender-Fair Treatment
of the Girl Child Week
Daily Observances:
March 8: Women’s Rights and
International Peace Day;
National Women’s Day
Mar 4— Employee Appreciation Day
Mar 15 — World Consumer Rights Day
Mar 18 — Global Recycling Day
Mar 21 — International Day for the Elimination of Racial Discrimination
Mar 23 — International Day for the Right to the Truth concerning Gross Human Rights Violations and for the Dignity of Victims
Mar 25 — International Day of Remembrance of the Victims of Slavery and the Transatlantic Slave Trade
Mar 27 — Earth Hour
