Visa (NYSE: V), a global leader in digital payments, is gearing up for the expansion of automated, contactless fare systems to other train lines in partnership with Rizal Commercial Banking Corporation (RCBC). Through a workshop on smart mobility, Visa and RCBC shared solutions and best practices for issuers on managing digital payments for various modes of transit, particularly urban rail.
Visa (NYSE: V), a global leader in digital payments, has signed a memorandum of understanding with the Philippine Guarantee Corporation (PhilGuarantee) to expand credit access and promote financial inclusion for micro, small, and medium enterprises (MSMEs).
Visa (NYSE: V), a global leader in digital payments, is empowering different financial sector stakeholders to adopt the xPays - or mobile payment providers such as Google Pay, Apple Pay, and Samsung Pay – in the country. In an enablement workshop, Visa collaborated with regional partners – including Google Southeast Asia, Vietcombank, and Starbucks Vietnam – to gather key insights and best practices on how local banks can effectively integrate, launch, and scale xPays in the Filipino market.
The Ber months have arrived, bringing with them the excitement of reunions, festive celebrations, and long-awaited getaways. It’s the time of year when families come together, friends reconnect, and many Filipinos look forward to a well-deserved break after a busy year.
Visa, a world leader in digital payments, has released its latest annual report on digital remittances, Money Travels: 2025 Digital Remittances Adoption Report, which was based on responses from 44,000 senders and receivers across 20 countries and territories, including the Philippines. The report presents findings on the latest remittance trends around the world, including Asia Pacific, a key region in the $905 billion global remittance landscape.
Visa (NYSE: V), a global leader in digital payments, has partnered with Rizal Commercial Banking Corporation (RCBC), one of the largest universal banks in the country, to launch Visa Direct, enabling fast, secure, and convenient real-time payments and money transfers to billions of accounts across more than 190 countries and territories.
Visa (NYSE: V), a global leader in digital payments, is driving economic growth and promoting tourism and financial inclusion in the Philippines with the launch of automated, contactless fare collection systems across Metro Rail Transit Line 3 (MRT-3). This modernization initiative, in partnership with the Department of Transportation (DOTr) and industry collaborators, marks Visa’s third major transit project in the country and will benefit over 350,000 daily commuters.
Passengers can now simply tap their Visa credit, debit, or prepaid card, or any Visa-enabled mobile device, directly at the turnstiles. This rollout is part of Visa’s continued support for open-loop transit systems in the Philippines, in partnership with GCash and the Department of Transportation.
With AI emerging as the new frontier in digital payments, Visa (NYSE: V), a global leader in the industry, has unveiled a suite of innovative products designed to enable the next wave of digital payment experiences in the Philippines. The country’s digital payment sector is rapidly expanding, with the Bangko Sentral ng Pilipinas (BSP) reporting that 50% of retail payments were digitized in 2023—a milestone that highlights both the growing adoption and the readiness for further innovation.
Visa, a world leader in digital payments is looking to expand support for Filipino small and medium enterprises (SMEs), which, despite their economic contribution, still face significant barriers to financial inclusion and growth. While making up more than 99% of all business enterprises in the country and generating 66% of total employment, SMEs in the Philippines continue to face significant challenges, including access to funding.
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