Centralized database eyed for QR merchants

The Manila Times 15 h Philippines

THE Bangko Sentral ng Pilipinas (BSP) is proposing the creation of a centralized database of merchants accepting QR payments to strengthen fraud prevention and improve the traceability of digital payment transactions. Under a draft circular, the BSP said it would establish, implement and maintain a National QR Code Merchant Database that would serve as a repository of merchant data. This will &ldq

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