Fair Pricing in Focus: BSP’s Drive to Cut Digital Transaction Costs 

a display case with a scale, cups, and other items

Fair Pricing in Focus: BSP’s Drive to Cut Digital Transaction Costs  The Bangko Sentral ng Pilipinas (BSP) has issued Circular No. 1238, s. 2026, mandating fair and transparent digital transaction fees across banks and e-wallets.  The new rules require BSP-supervised financial institutions (BSFIs) to justify their charges based on actual costs, ensuring that fees for person-to-person (p2p) transfers are not […]