Digital Banks, Fintechs Push Back on Zero Transfer Fees
Technology

Digital Banks, Fintechs Push Back on Zero Transfer Fees

Philippine digital banks and fintech firms advocate for a cost-based pricing framework for digital payment services, as allowed by the Bangko Sentral ng Pilipinas (BSP). They emphasize sustainability and financial inclusion over permanent fee waivers, citing the need to cover operational costs and investments.

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