Central bank of the Philippines encourages to go Digital.
As a Filipino, we know that our government has difficulty distributing money for help. It needs a physical person to go to the specific areas where he or she will bring the physical money. There are a lots of burden of the person whom he or she is the one to distribute the money and I will not list it all here. I'll just give few, the person or the group are on danger, corruption may or may not occur, Transparency is lacking and etc.
If ever the Government of the Philippines together with the BSP will step up and as a Filipino will fully support it.
Here is the image that I took in twitter:
Tweet of the BSP:
Quoting"
#BSP Encourages Shift to E-payments Amid Quarantine
As of 31 March 2020, InstaPay is being offered by 45 financial institutions, while PESONet is offered by 56 financial institutions as key services for their account holders.
Read it full here=>
http://www.bsp.gov.ph/publications/media.asp?id=5363&yr=2020
Resources:
https://twitter.com/BangkoSentral/status/1257162643044851713?s=19
- BangkoSentral
http://www.bsp.gov.ph/publications/media.asp?id=5363&yr=2020
If you want to loook all the 4 pictures you can go to twitter provided in the link above.