A cashless society is one where cash is not the primary mode for financial transactions. Instead, transactions are settled electronically using credit or debit cards, mobile or online payment apps and even QR codes. The Bangko Sentral ng Pilipinas (BSP) considers cashless payments not only as an alternative to banking transactions, but also as a…
Filipinos are becoming increasingly comfortable with using so-called QR or “quick reaction” codes when paying for purchases or making money transfers from one person to another—a sign that the “cash heavy” local economy is well on its way to “cash light” one. In particular, Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno pointed to the…
In Taguig City, Uptown Mall’s “new normal” dining option features outdoor areas redesigned to resemble pocket parks. Uptown Food Hall has indoor tables, but due to the ever-changing quarantine classifications, the mall has created an extended alfresco area on the fourth floor complete with plants, wooden picnic tables, benches, fairy lights and chimes! The welcoming…