The Department of Trade and Industry (DTI) seeks to double the contribution of e-commerce to the economy to P1.2 trillion by 2022, from nearly P600 billion in 2020.
PayMaya founder and CEO Orlando Vea said e-wallets, cards and bank transfers reached more than 50 percent of all online buying in the country. He was citing data from internal and external sources such as a report from Google, Temasek, Bain & Co. and Euromonitor.
German prosecutors have confiscated more than 50 million euros ($60 million) worth of bitcoin from a fraudster. There’s only one problem: they can’t unlock the money because he won’t give them the password.
The Treasury, the UK’s economic and finance ministry, is exploring options for an online sales tax. With this measure, it wants to shift the balance between spending online and in physical stores
Bitcoin may have received its biggest backer yet. Electric car maker Tesla, Inc. has invested $1.5 billion in Bitcoin and will soon begin accepting payments for its cars in Bitcoin “subject to applicable laws and initially on a limited basis,” according to its filing with the Securities and Exchange Commission.
A group of government agencies, led by the Bangko Sentral ng Pilipinas (BSP), is asking policymakers in the executive and legislative branches to help improve broadband services in the Philippines to bring in more “unbanked” citizens into the formal banking system.
The Netherlands is the most popular destination for online retailers looking to expand. These ecommerce players see this Western European country as the number one place to expand their logistics operations.
More people are riding the cryptocurrency trend, but what can you buy with bitcoin? It’s currently hailed as the future of the world’s financial system.
Affluent early adopters like Elon Musk just bought $1.5 billion for his company Tesla
On Feb 10, Mastercard announced that it would begin supporting select cryptocurrencies on its payment network.
Bitcoin rose above $50,000 on Tuesday to a new record high, building on a rally fuelled by signs that the world’s biggest cryptocurrency is gaining acceptance amongst mainstream investors.
The Securities and Exchange Commission (SEC) has warned the public against individuals and groups hawking illegal crowdfunding activities or investments disguised as cryptocurrency trading and franchising.
The country’s financial regulators, led by the Bangko Sentral ng Pilipinas (BSP), have agreed to come up with a unified monitoring and supervision scheme for the local financial technology industry without stifling these firms’ new and creative ideas.
Now, the Chinese social network is attracting a new breed of influencers offering advice on how best to invest money and boost your personal finances. And their videos are going viral, often drawing millions of views, much to the delight of the influencers — and their bank balances.
The country’s financial regulators, led by the Bangko Sentral ng Pilipinas (BSP), have agreed to come up with a unified monitoring and supervision scheme for the local financial technology industry without stifling these firms’ new and creative ideas.
Bitcoin fell as much as 6% on Friday to its lowest in two weeks, as a rout in global bond markets sent yields flying and sparked a sell-off in riskier assets.
Certified Digital Marketer (CDM), the pioneer in digital marketing education and transformation, teams up again with Lazada, the leading e-commerce platform in the Philippines for continuing the advancement of seller education.
Through Lazada’s learning and education portal Lazada University, the “Year of Learning Online” (YOLO) program was launched at the recently held LazUCon event last February 3 to 4.
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