PRESIDENT Ferdinand Marcos Jr. has expressed his support for the Paleng-QR Ph Plus Initiative and urged government agencies to educate Filipinos on how to utilize e-wallet and other digital payment apps.
The President made the statement during a meeting with the Private Sector Advisory Council Digital Infrastructure Cluster in Malacañang Thursday.In his remarks, the President said such an initiative would prop up economic activities, particularly with the inclusion of micro, small and medium enterprises.
The QR Ph is an initiative of the Bangko Sentral ng Pilipinas and the payments industry to have a national quick response code standard for digital payments.The digital program was launched in 2022, targeting merchants, business owners and other forms of local transport.The adoption of QR codes and the use of digital payment apps will make savings and loan applications in banks a lot easier for the public, especially the farmers, fisherfolk and small businesses, PSAC members told Marcos.
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