Message during the Launch of PESONet Multiple Batch Settlement
23 January 2022 · Benjamin E Diokno , Governor of the Bangko Sentral ng Pilipinas (Philippines)
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BE 23 Jan 2022 · Benjamin E Diokno Wiki · Bangko Sentral ng Pilipinas Wiki Message during the Launch of PESONet Multiple Batch Settlement Context Message from Benjamin E Diokno, Governor of Bangko Sentral ng Pilipinas (BSP, the central bank of the Philippines), at the Launching of PESONet Multiple Batch Settlement, Manila, 23 January 2022.
Why it matters Diokno lets banks clear transfers several times a day instead of once.
Problems raised Retail payments relied on cash and checks. E-payment adoption was slow. Efficiency was lacking. Solutions proposed Launch PESONet multiple batch settlement. Build safe and efficient payments. Promote a digital economy. Read full speech on bis.org ↗ More from Benjamin E Diokno · Bangko Sentral ng Pilipinas · all speeches
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