Tag: Stalls

Philippine Central Banker Targets Street Stalls in E-Money Push

Photographer: Veejay Villafranca/Bloomberg

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Philippine central bank Deputy Governor Mamerto Tangonan has long wanted to make electronic money so ubiquitous that one could pay at a street stall via mobile phone. Now he’s leading the bank’s digital drive.

“This is my life’s purpose,” Tangonan said in a March 24 interview, his first since he took office in February.

Tangonan, 58, is point man for the central bank’s push to convert half of all retail payments into digital form by 2023 and extend

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