Wire · regulatory
BSP weighs rules to cut fees for online government payments
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Fusion42 · 21 July 2026 · Fusion42 review
The Bangko Sentral ng Pilipinas is studying whether new regulations are needed to lower fees for online government payments, following Land Bank's decision to waive charges on eligible person-to-government transactions through QRPh until year-end. The central bank is assessing market response before determining if broader regulatory action is necessary.
This Wire brief sits within Fusion42's coverage of Payments and Fintech.
◆ ◆ The Wire takeaway
If you're building payment rails for Philippine government agencies, the regulator is now pricing your customer acquisition. Land Bank's fee waiver until year-end is a market test; a fee cap regulation could follow, which means your margin just got smaller and your buyer pool just got bigger.
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1 source · 21 Jul 2026
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