Manila Bulletin

DTI, BSP push for responsibl­e use of digital wallets

- By MA. JOSELIE C. GARCIA

zìº ºāžąđèºêđ óä ząž³º žê³ 9ê³ėĉđąĩ ɞ z9ɟ žê³ đìº žêþó qºêđąžá ÊAE Pilipinas (BSP) are strongly encouragin­g merchants and consumers to be responsibl­e users of digital wallets or ewallets to ensure safety and reliabilit­y Ïê ž³žĀĐÏÊAE đó žĈÌÁºĈĈ đąžêĉžđïóêĉɐ

z9 ĈĈÏĈОÊĐ qºąºđžąĩ QžĄĨ Eºžê ižìºó ºèāìžĉïįº³ ³ĖĄÏÊAE z9ɔĉ Góêĉĩėèºą đ 9«ž iž ĀĄÓAEĄžÈ Ïê

™ óê qžđėą³žĩɊ Sóģɐ ȩȰɊ đìžđ ģìïẠBsp-regulated digital wallets are safe đó ėĉºɊ ĖĈºĄĈ Ĉìóėá³ «º žĄºäėá Ïê ̞ê³ÁÏÊAE ĐÌºÏĄ ºɢģžááºđ žóėêđĉɐ

,óą ̺Ą ĀžĄĐɊ qi ižĩèºêđĉ ióáÏĩ žê³ ºģºáóāèºêđ Ïąºđóą đđĩɐ Bridget Rose Mesina-romero shared đìžđ qi ÏĈ ȞÞÏÊAE ž áóđ óä ºĵóąđĉ đó promote safety across digital payment ĀážđäóąèĉɊ ĈĐĄºĈĈÏÊAE đìº Ïèāóąđžêº óä consumer awareness in the responĈï«áº ėĉº óä ³ÏAEÏОÁ ĈºĄĢϺĈɐ

ižąđïėឱáĩɊ Ĉ̺ ÌÏAEÌÁÏAEÌ­Đº³ đìº qiɭĉ ÏAEÏОÁ ,Ïêžêïžá Iïđºąžĩ ĀĄÓAEĄžÈ đìžđ º³ėžđºĉ ,ÏÁÏĀÏÊÓ óêĉėèºąĉ óê đìº ĀĄÓĀºĄ ėĉº óä ³ÏAEÏОÁ ĈºĄĢϺĈ đó Āąºģºêđ ĈžÈĈ žê³ óđìºą Äąžė³ėáºêđ Ïąėèĉđžêºĉɐ

She noted that digital payments include transactio­n history and other ĈºĄĢϺ ĺžđėąºĉ ÄÓĄ ºžĈϺĄ žºĈĈ žê³ ĐĄžÞÏÊAE óä đąžêĉžđïóêĉɐ

€ê³ºą đìº ĀĄÓAEĄžÈɊ qi Ąºèïê³ĉ users to refrain from entertaini­ng susĀÏÏÓĖĈ ȺĈĈžAEºĈ óą áïêþĉɕ ºêž«áº ĢºĄÏĸžđïóê ĀĄÓºĈĈºĈ Ĉºđ «ĩ ºɢāžĩèºêđ Āážđäóąèĉɕ Ąºžđº ĈĐĄÓÊAE ĀžĈĈĢÓĄ³ĈɊ ģìïẠ޺ºĀÏÊAE đìºè ĀĄÏĢžĐºɕ žê³ Ąºāóąđ Ïè躳ïžđºáĩ ÄÓĄ žêĩ ĈĖĈĀÏÏÓĖĈ žáºąđĉɐ

9ê ž³³ÏđïóêɊ móèºąó ĈžÏ³ đìžđ đìº qi ̞Ĉ ÏĐĈ óêĉėèºą žĴžÏĄĈ óķº đìžđ ėđïáïįºĉ ž ̞đ«óđ ĢϞ ĐÌºÏĄ óêáïêº Āážđform called BSP Online Buddy (BOB) ĢÌÏÌ žđºąĉ đó žê³ ³ºÁÏĢºĄĈ óêºąêĉ

đó đìº qiɐ

QºžêģìïáºɊ Qžĩž IÌÏÁÏĀĀÏʺ­Ĉ ºāđžêº žê³ qq" 6ºž³ MÏ̞Ą³ Iž«ÏОAE Ĉ̞Ąº³ đìžđ Qžĩž ėĉºĉ ž èėáđïɢ Ğđóą žėđìºêđïžđïóê ĢÌÏÌ Ïêáė³ºĉɊ a password and one-time pin (OTP); žê³ žêđïɢ䱞ė³ đóóáĉ ĖĈÏÊAE žĄđïĸïžá Ïêđºááïaeº­êº ɞ 9ɟɐ

ɩȪȬɖȯ Āó ɫĩėêae ÈAEž èóêïđóąïêa­e êžđïêɐ qóɊ ɫĩžê Āó žĩ AEÏʞAEžĢž ÊAE maya para secure yung payments [Our èóêïđóąïêa­e ÏĈ ȪȬɖȯɐ qóɊ đìžđɔĉ ģìžđ Qžĩž ³óºĉ đó Ĉºėąº đìº ĀžĩèºêđĉɝɊɪ Iž«ÏОAE ĈžÏ³ɐ

He added that the e-payment Āážđäóąè žáĉó ĀĄÓĢϳºĈ óêĉėèºą º³ėžđïóêɊ ĖĄAEÏÊAE óêĉėèºąĉ đó žĢÓϳ Ĉ̞ĄÏÊAE ĈºÊĈÏĐÏĢº Ïêäóąèžđïóê đó ĀĄºĢºêđ «ºÏÊAE Ĉžè躳ɐ

đ đìº óāºêïêae ³žĩ óä đìº žĈÌÁºĈĈ "ĨĀÓ ážĉđ ,ĄÏ³žĨɊ Iž«ÏОAE Ĉ̞Ąº³ đìžđ consumers were able to raise concerns žê³ Ĉººþ ឱïĸžđïóêĉ óê Ìóģ đó ³ó ³ÏAEÏОÁ đąžêĉžđïóêĉ žê³ ³Ïĵºąºêđ ³ÏAEÏđžá Āžĩèºêđ Āážđäóąèĉɐ

Iž«ÏОAE êóđº³ đìžđ ĖĈºĄĈ žê Āžĩ digitally through debit cards; credit žĄ³Ĉɕ lm ĀÌɊ ž êžđïóêžá lm ó³º Ĉđžê³žĄ³ɕ žê³ ºɢģžááºđĉɊ žèóêae óđìºąĉɐ Ąđïĸïžá 9êđºááïaeº­êº ɞ 9ɟ is an emergent weapon or ally of business leadºĄĈ Ïê ³ºģºáóāïêae êºģ Āąó³ėđĉ žê³ ĈºĄĢϺĈ đó Ąºĉāóê³ seamlessly to the needs of their ėĉđóèºąĉɐ 9Ä ÌžĄÊºĈĈº³ ºĵºđïģºáĩɊ Ïđ ĐĄžÊĈÄÓĄÈĈ «ĖĈÏʺĈĈ ĀĄÓºĈĈºĈɊ ĈđąėđėąºĉɊ žê³ žĐÏĢÏĐϺĈ ³ĄÏĢÏÊAE ž ÌÏAEÌ áºģºá óä ºķïºêĩ žê³ Ïêêóģžđïģºêºĉĉ đìžđ ³ºÁÏAEÌĐ žê³ Ąºđžïê ėĉđóèºą áóĩžáđïºĉɐ

Ĉ Aeóó³ žĈ Ïđ ³óºĉ ÄÓĄ «ĖĈÏʺĈĈɊ Ĉó Ïđ Ĉìóėá³ đóó ÄÓĄ ºĵºđïģº žê³ Ïêêóģžđïģº ³ºáïģºąĩ óä ăėžáïđĩ º³ucation and student learning that Ĉóáï³ïĸºĉ ȞĈĈÏĢº ³ºģºáóāèºêđ of human capital for the national Ïêđºąºĉđɐ ižąđïėឱáĩ Ĉó Ïê đìº ĸºá³ óä ĸêžêº žê³ žóėêđïêaeɊ «ĖĈÏʺĈĈºĈ 꺺³ èžêžaeºąïžáɊ óāºąžđïóêžáɊ žê³ Ĉđžđėđóąĩ ĄºĀÓĄĐÏÊAE informatio­n rendered by highly Ïêêóģžđïģº žê³ đąžï꺳 ĀĄÓĺĈĈïóêžáĉ ÄÓĄ ĐÌºÏĄ ³ºïĉïóê ȞÞÏÊAEɐ

9 đºìêóáóaeï­ºĉ žĄº žĀž«áº óä ĀĄÓºĈĈÏÊAE žê³ žêžáĩįïêae ĢžĈĐ žèóėêđĉ óä Ąºžáɢđïèº ³žđž ÏêģóáģÏÊAE ĸêžêºɊ žóėêđïêaeɊ èžąþºđĉɊ óāºąžđïóêĉɊ žê³ Ìėèžê Ąºĉóėąºĉ đìžđ ºêž«áº êėžêº³ ³žđžɢ³ąïģºê ³ºïĉïóêɢèžþïêaeɐ zìºĩ ºêž«áº ĀĄº³ÏĐÏĢº žê³ ĸêžêïžá žêžáĩđics sifting through historical accounting data to identify potential Āąó«áºèĉ žê³ óāāóąđėêïđ­ïºĉɊ ĀĄº³ÏĐ Āóđºêđïžá óėđóèºĉɊ žê³ adapt insights to enhance a forward-approach to get ahead of the ėąģº Ïê ž đėą«ėáºêđ ºêģïąóêèºê­đɐ

zìº žĢžïឫïáïđĩ óä ė«ïăėïđóėĉ ̞đ«óđĉ ºêž«áºĉ ºĵºđïģº èžchine learning through real-time mutual interactio­ns and feedback between and among teachers and Ĉđė³ºêđĉɐ ÏĐÌ 9 žÁAEÓĄÏĐÌÈĈ­Ɋ student data and performanc­e can «º žêžáĩįº³ đó Ąºžđº Āºąĉóêžá ºĩperience­s for the teacher to adapt óą ėĉđóèïįº ĐºžÌÏÊAE žĀĀĄÓžÌºĈ žĐºĄÏÊAE đó đìº ³Ïĵºąºêđ ẞąêïêae styles of students that enhance ĀĄžĐϞÁ žê³ đąžêĉäóąèžđïģº ẞąêïêae ºĵºđïģºêºĉ­ĉɐ

zºžìºąĉ žĄº žáĉó «ºêºĸđº³ «ĩ 9 Ïê ºžĈÏÊAE ĐÌºÏĄ ģóąþáóž³ĉ óä calculatin­g and grading outputs and automating their course ³ºĈÏAEÊĈɐ 9đ ÏĈ ĐÏȺɢĈžĢÏÊAE ģìïẠkeeping them abreast of useful đºìêóáóaeï­ºĉ Ïê Ïêêóģžđïģº ³ºáïģery and updated student perforèžêº Ąºóą³ĉɐ

6óģºģºąɊ áïþº žêĩ êºģ Āìºnomenon whose efficacy still ̞Ĉ đó «º Ģžĉđáĩ ³ºèóêĉđąžđº³ Ïê đºąèĉ óä ºĵºđïģº ĄºĉėáđĉɊ Ĉóèº žĄº ģžąĩ óä 9 đºìêóáóaeï­ºĉ žĈ žê existentia­l threat that might reĀឺ Ìėèžê «ºÏÊAEĈɐ zó žáážĩ ĈĖÌ ÄºžĄĈɊ 9 ÏĈ ž ɩêºėđąžáɪ đóóá ģìóĉº use is dependent upon the one ģìó ėĉºĉ Ïđɐɪ 9đ ÏĈ êóđ 9 đìžđ Ąºplaces human beings but the one ģìó ėĉºĉ Ïđɐɪ 9đ ÏĈ đìº ƖĀĄÓAEĄžÈèºąɪ óä đìº ƖĀĄÓAEĄžÈɪ đìžđ ºĩºąÏĈºĈ Ûė³aeèºêđɐ ³èïđđº³áĩɊ đìºąº are concerning gray areas such as the insidious rise of deception and óđìºą èžêïāėážđïģº đóóáĉ óä ȞĈĈ ³ÏĉïêäóąèžđïóêɊ ĢÌÏÌ èėĉđ «º ž³³ĄºĈĈº³ óêĉﳺąž«áĩɐ

zìº ĄÏĈÞĈ žê³ Ąºģžą³ óä 9 Ïêđºaeąžđïóê Ïê ĸêžêº žê³ žcounting education should be a ĄÏĐϞÁ Ìóïº đó èžþºɐ qđė³ºêđĉ Ĉìóėá³ êóđ «º ³ºĀĄÏĢº³Ɋ Ąºĉđąžï꺳

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