The Bangko Sentral ng Pilipinas (BSP) on Monday lauded the enactment of the National Payment Systems Act (NPSA), describing the law as critical to the development of settlement networks and financial system stability and efficiency.

Also known as Republic Act 11127, the law was signed on October 30 by President Rodrigo Duterte and took effect last November 15.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details