QR Code Standard

Bangko Sentral ng Pilipinas Governor Benjamin Diokno (center) and executives of the Philippine Payments Management Inc. lead the official launch of QR Ph—the Philippines’ national QR code standard for digital payments at the BSP headquarters in Manila.  Diokno, along with Rizal Commercial Banking Corp. president and chief executive Eugene Acevedo (left) and UnionBank president and chief executive Edwin Bautista, tries a fund transfer transaction to the PayMaya account of the BSP governor by scanning the QR Ph code in his PayMaya app—the first e-wallet in the country to adopt the national QR code standard.