BSP nanindigan sa halt order vs LYKA bilang operator of payment system

BSP nanindigan sa halt order vs LYKA bilang operator of payment system

October 9, 2021 @ 11:32 AM 1 week ago

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Manila, Philippines – Nanindigan ang Bangko Sentral ng Pilipinas (BSP) laban sa inihaing cease-and-desist order laban sa social media platform na LYKA kung saan ipinapatigil ang Operator of Payment System (OPS) nito.

Tinanggihan din ng BSP ang hiling ng Digital Spring Marketing and Advertising Inc. – marketing arm ng LYKA sa Pilipinas na maging rehistrado bilang OPS ng LYKA/Things I Like Company Ltd (TIL) Payment System.

Giit ng banko, dapat LYKA/TIL at hindi Digital Spring should register bilang OPS ang nakarehistro sa BSP.

“Think of an OPS as a pilot who must personally obtain a flying license to prove that they possess the necessary skills and training to safely operate a passenger aircraft,” saad ni BSP Deputy Governor Mert Tangonan.

“Digital Spring applying for registration, instead of LYKA/TIL itself, is like saying the airline ticketing office can apply for a flying license on behalf of the pilot. It is the pilot who must apply for the license.”

“For its continuous protection, the public is reminded to only use the payment services of a registered OPS,” dagdag pa ng BSP.

“In line with this development, LYKA Global shall register as an OPS as directed by the BSP and will immediately put up its own office in the [Philippines].” RNT/FGDC


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