Philippine Central Bank Questions GCash, Maya on Transfer Fees

The Bangko Sentral ng Pilipinas (BSP) has demanded an explanation from digital payment platforms GCash and Maya regarding their P10 transfer fees. This inquiry comes as banks have begun to drop their own transfer fees, raising questions about the mobile platforms' charges.

20 Jul, 23:15 — 20 Jul, 23:15

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RapplerMostly Factual42d ago

BSP presses GCash, Maya on P10 transfer fees: Explain!

'Of course, we expect compliance with the circular,' a top Bangko Sentral official says when asked whether e-wallets would eventually have to cut or restructure their transfer fees

By Lance Spencer Yu

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Philippine Central Bank Questions GCash, Maya on Transfer Fees

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BSP presses GCash, Maya on P10 transfer fees: Explain!

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