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    Casino, not bakery: Philippine e-payment firms urged to improve merchant vetting

    South China Morning Post
    September 17, 2026
    via South China Morning Post

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    Casino, not bakery: Philippine e-payment firms urged to improve merchant vetting

    Electronic payment providers need to be more diligent in vetting companies that use their platforms to protect people from fraud, the Philippine central bank said. The requirement came after Bangko Sentral ng Pilipinas found thousands of illegal businesses on the payment platforms, including many on

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