Philippine National Bank strengthens its campaign for cashless payments as it partnered with the Bangko Sentral ng Pilipinas (BSP) and Cebu2World Development Corporation in hosting the Paleng-QR event at Cebu City’s Carbon Market.
Attracting hundreds of market vendors and customers, the event was also supported by the Department of Interior and Local Government(DILG) as well as the Cebu City local government.
Now on its second year, the Paleng-QR Ph program is a joint initiative by BSP and DILG.It is part of a broader effort to enhance the digital payments ecosystem in the Philippines by encouraging cashless transactions in public markets and local transportation, particularly tricycles. This program aligns with BSP’s mission to drive financial inclusion across the country, making banking and digital payments more accessible to all Filipinos.
