Small Philippine businesses to benefit from more efficient QR payment system


MANILA (Philippine Daily Inquirer/Asia News Network): Filipino entrepreneurs who have adopted electronic payment systems are now even more productive, efficient and competitive thanks to the new quick reaction (QR) code system that makes person-to-merchant transactions easier.

In a statement, the Bangko Sentral ng Pilipinas (BSP) further urged consumers, payment service providers and merchants — including micro, small and medium enterprises — to avail themselves of the benefits offered by the QR Ph Person-to-Merchant (P2M) payment facility.

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Philippines , QR , payment , central , bank , businesses

   

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