Philippine fintech alliance prepares tighter controls on online gambling access
Fintech Alliance Philippines said its member companies are preparing stricter checks and monitoring for online gambling access through digital payment platforms. The voluntary measures include enhanced checks on merchant accounts holding online gaming licences and real-time monitoring of illegal platforms, as the Bangko Sentral ng Pilipinas drafts rules on gambling-related risks.
Payment-platform controls could affect how licensed online gambling merchants reach customers in the Philippines.