The Bangko Sentral ng Pilipinas (BSP) says transactions for digital fund transfers in the Philippines increase by between 10% and 50% after banks and e-wallet providers cut transfer fees. BSP Deputy Governor Mamerto Tangonan made the remarks in an interview, attributing the rise to lower costs that encourage greater use of digital transfer services. The BSP frames the growth as a possible “second wind” for financial inclusion, noting that earlier progress had shown signs of plateauing. In its assessment, the central bank links higher transaction activity to fee reductions rather than to other new developments, suggesting that pricing changes are driving additional adoption. The reported range indicates variations across channels or participants, but the central point across the accounts is that fee cuts coincide with a measurable jump in digital transfer volume. The BSP’s comments point to increased engagement with formal digital payment and transfer systems as fees decline, potentially expanding access for more users.