Here's why banks and e-wallets waived or lowered transfer fees
The Bangko Sentral ng Pilipinas has lifted a moratorium on digital transfer fees, prompting banks and e-wallets to adjust their pricing strategies. While some banks have waived fees entirely, e-wallets like GCash and Maya have only slightly reduced theirs due to their narrower revenue models.
Why it matters
This shift impacts the cost of digital financial services for millions of consumers and highlights the competitive landscape between traditional banks and fintech platforms.
Manila Bulletin - Here's why banks and e-wallets waived or lowered transfer fees
The article provides a factual explanation of regulatory changes and market responses without taking a side.
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