BSP urges Filipinos to use e-payments amid ECQ

The Bangko Sentral ng Pilipinas (BSP) is encouraging Filipinos to use e-payment services like PESONet and InstaPay amid the enhanced community quarantine (ECQ) to reduce face-to-face transactions and prevent the spread of COVID-19.

Governor Benjamin Diokno urges consumers to shift to electronic fund transfers for essential purchases, sending money, and paying bills, noting that fees have been waived by financial institutions during the ECQ period.