DAVAO CITY --- The Bangko Sentral ng Pilipinas (BSP) has issued a directive to G-Xchange, Inc. (GXI), the operator behind the popular e-wallet platform GCash, to promptly address and resolve unauthorized deductions from users’ accounts. In a press statement, The BSP emphasized the need for GXI to speed up the refund process for affected customers, ensuring that no user … [Read more...] about BSP directs GCash to expedite refunds for unauthorized transfers amid system error
bangko Sentral nga Pilipinas
PH posts $1.9-B net receipts in H1
MANILA – The national government (NG) registered net receipts amounting to USD1.928 billion in the first half of 2020. Data from the Bangko Sentral ng Pilipinas (BSP) showed that total foreign exchange inflows from January to end-June reached USD8.203 billion, while foreign exchange disbursement amounted to USD6.275 billion during the same period. Bulk of … [Read more...] about PH posts $1.9-B net receipts in H1