The Bangko Sentral ng Pilipinas (BSP) and the Philippine Payments Management Inc. (PPMI) on Tuesday launched "Bills Pay PH" as part of continuing efforts to digitalize the country's retail payments landscape.
Bills Pay PH facilitates digital transactions between accounts from different payment service providers (PSPs). Transactions can be performed by scanning or uploading the QR Ph person-to-biller (P2B) code, or by manually inputting payment details for the non-QR mode of payment. QR Ph is the national standard for quick response codes.
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