The Corporate and SME Experiences of Digitizing Business Payments in the Philippines
Join the Better Than Cash Alliance for a live webinar revealing the results of a case study on the corporate and SME experiences of digitizing business payments in the Philippines.
Corporates are leaving substantial “money on the table” by failing to realize the cost savings that could be achieved through the use of digital payments. If the corporate sector adopted digital payments instead of checks and cash, they could save an estimated 46% of their invoice handling costs. Furthermore, if the banking sector also adopted digital payments, they could boost their net profit by an estimated 8.5%.
Webinar participants will learn lessons which helped the governments, regulators and businesses in the Philippines transition to greater use of digital payments.
Nestor Espenilla, Deputy Governor, Bangko Sentral ng Pilipinas (BSP)
John Ong, Vice President of Solution Sales, Treasury and Trade Services, Citi Philippines
James Hokans, lead author of the study on behalf of Bankable Frontier Associates (BFA)
Ruth Goodwin-Groen, Managing Director, Better Than Cash Alliance
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