Angara, Pangilinan call for suspension of online transaction fees amid pandemic

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MANILA, Philippines — Senators Sonny Angara and Francis Pangilinan want the collection of online transaction fees suspended amid the coronavirus disease (COVID-19) pandemic. In separate statements, Angara and Pangilinan called for the extension of the waiver on fees for digital transactions of banks and mobile payment services. “Right now every family is penny-pinching due to […]

MANILA, Philippines — Senators Sonny Angara and Francis Pangilinan want the collection of online transaction fees suspended amid the coronavirus disease pandemic.

“Right now every family is penny-pinching due to the impacts of the COVID-19 pandemic so every peso saved goes a long way,” Angara, chair of the Senate finance committee, said Thursday. Pangilinan urged the BSP to “step in” and “suspend or slash the online transaction fees during this health emergency.”

Pangilinan said the waiver of online fees or at least cutting the amount will be a big help to Filipinos who lost their jobs because of the lockdowns imposed in light of the pandemic.

 

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