Article: Global Techwatch: Asia: Philippines Move To Electronic.(Internet/Web/Online Service Information)

Check Presentment

Following a trial in the capital city, the 7,100 Philippine islands are adopting a check clearing system evoking the early days of ECP in the United States.

If you think the U.S. payments system is unique in its attachment to paper, think again. In some pockets of the Asia-Pacific region, where emerging economies have been known to leapfrog established western counterparts with new and emerging technologies, like smart cards, there are still mountains of paper that must be maneuvered.

Consider the Philippines. An archipelago scattered across an area of roughly 187,000 square miles, the Philippines is seemingly unique in its ...

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