With the implementation of NRPS and the launch of new ACHs such as 1/2  BIS central bankers' speeches  InstaPay, financial institutions will be challenged to develop innovative business models customized to their target markets’ needs, to ensure client loyalty, and to better compete for market share.
Our efforts in implementing the NRPS are rapidly providing individuals, businesses and government, additional options on how to complete payments, collections or disbursements, depending on their specific needs and the characteristics of the fund transfers or payments. Right now as we launch InstaPay, we have seven (7) pioneer BSP-Supervised Financial Institutions capable of sending and receiving payments.