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Only 12% of remittances remain non-digital: Mojica | Money Talks
Автор: One News PH
Загружено: 2026-01-22
Просмотров: 513
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#MoneyTalks | Danilo Bong Mojica II, President and CEO of UnionDigital Bank, said 40% of remittances from the U.S. are digital, with 70% of that already fully digital and exempt from the 1% tax.
He added that the remaining 12% of non-digital transactions presents an opportunity for Filipinos abroad to adopt digital methods, though some still prefer cash.
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