In the Philippines’ fast-moving digital economy, credit has become just one click away. Buy Now, Pay Later (BNPL) apps promise convenience, dignity, and short-term relief. But for many Filipinos struggling with inflation and low wages, this promise is turning into a trap. Under Republic Act 10870 (RA 10870), the government promotes inclusive financial systems and […]
Tag: #EthicalTech
How Software Developers and IT Professionals Can Fix What’s Broken in Digital Payments and Loans
The Philippines is officially in its digital age — or at least, that’s what the headlines say. From GCash, Maya, online banking, Buy Now Pay Later (BNPL) apps, to digital loans that promise “instant approval,” Filipinos are now just a few taps away from sending money, paying bills, or borrowing cash. But behind the convenience […]