PayMongo chief technology officer Jaime Hing III shared a photo that shows how their company has grown.
On Facebook, the modern bankero uploaded a photo shared to him by a friend featuring a store that accepts payments via PayMongo.
He wrote: “A friend of mine sent me this photo. Abot na sa Binangonan, Rizal si PayMongo . Waw. Binangonan is almost 30-40 mins away from my house.”
Philippine Veterans Bank aims to raise P4.4 Billion in capital 
BSP urges banks to ensure client compliance with SIM card registration deadline 
Philippine Business Bank reports impressive income growth rates in 2022 and Q1 2023 
FWD Life Insurance strengthens board with two independent director appointments 
Tan and Dee re-elected to lead BancNet, unveil plans for 2023 
Hot money outflows soar to $351.87 million in April 
Security Bank wins for the third year as Best for High-Net-Worth customers 
MSME loans show resilience in Philippine banking sector, reach P236.9 billion Philippine Veterans Bank aims to raise P4.4 Billion in capital 
Fitch revises credit rating outlook of 5 Philippine banks to stable 
BSP Warns Public Against Selling or Trading New Polymer Banknotes, Emphasizes Its Use for Payments and Transactions Security Bank wins for the third year as Best for High-Net-Worth customers 
Security Bank Chairman, Alberto Villarosa, passes away at 72 
Credit card billings soar to P410 billion in Q1 on strong Filipino spending 
Bongbong can’t order Landbank, DBP merger: Congress must sign off 
LandBank of the Philippines extends P1.55 billion in loans to the sugarcane sector, benefiting thousands of individuals and promoting productivity through the Socialized Credit Program-Sugarcane Industry Development Act (SCP-SIDA).
UNO Digital Bank Inc. and 1Sari Financing Corp. have partnered to provide loans to approximately 1.3 million community retail stores, aiming to address the limited access to capital faced by these small enterprises in the Philippines’ sachet economy.
Japan Bank for International Cooperation (JBIC) Shows Interest in Philippines’ Maharlika Investment Fund, Signals Potential Partnership.
Nestor V. Tan and Fabian S. Dee have been re-elected as chairman of the Board and president, respectively, of BancNet, with plans to continue expanding digital payments through initiatives such as interoperable BillsPay Ph and QR Ph code adoption.
Visa predicts that confidence in digital payments will continue to rise in the Philippines, citing convenience and benefits as key drivers, with 62% of respondents carrying less cash due to the availability of digital options and 30% believing the country will become cashless by 2025, according to the Visa Consumer Payments Attitude Study 2023.
PayMongo Philippines, Inc., a merchant payments solutions provider, aims to double its transaction volume this year, driven by growth in the travel, food and beverage, and events sectors, as Filipinos increasingly embrace digital payments.
All rights reserved.
