The Bangko Sentral ng Pilipinas (BSP) ordered G-Xchange, Inc. (GXI), the operator of GCash e-wallet, to immediately resolve the reported unauthorized deductions on account balances of affected users and swiftly complete the process of refunds that GXI initiated.
It also required GXI to submit regular updates on its actions on the issue.
“The BSP is closely coordinating with GXI to ensure a prompt resolution of this issue,” it said.
The BSP said...
The Bangko Sentral ng Pilipinas (BSP) ordered G-Xchange, Inc. (GXI), the operator of GCash e-wallet, to immediately resolve the reported unauthorized deductions on account balances of affected users and swiftly complete the process of refunds that GXI initiated.
It also required GXI to submit regular updates on its actions on the issue.
“The BSP is closely coordinating with GXI to ensure a prompt resolution of this issue,” it said.
The BSP said...
Conglomerate Ayala Corp. agreed to sell 50 percent of AC Ventures Holding Corp. (ACV) to Japan’s Mitsubishi Corp. for at least P18.4 billion.
The deal...
The Monetary Board, the policy-making body of the Bangko Sentral ng Pilipinas (BSP) on Wednesday reduced its overnight borrowing rate by 25 basis points...
Former President Rodrigo Duterte neither showed up nor sent a representative at the Commission on Elections (Comelec) to change the status of his candidacy,...
