LYKA in talks with BSP

LYKA in talks with BSP - Diokno

By Mayvelin U Caraballo

Nov 22, 2021 12:08 am

Social media platform LYKA is in discussion with the Bangko Sentral ng Pilipinas (BSP), according to Governor Benjamin Diokno.

'We are in discussions with a representative of LYKA Philippines to ensure proper compliance with the National Payment Systems Act and BSP Circular No. 1049 so that the appropriate entity and true operator of the Lyka payment system registers in accordance with the law and regulations,' he said in a briefing.

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