Regulatory Alerts2026-03-11
Cancellation of Certificate of Registration as Operator of Payment System for Salarium Payments Corporation
The Bangko Sentral ng Pilipinas issued Circular Letter CL-2026-010 to announce the cancellation of Salarium Payments Corporation's Certificate of Registration as an Operator of Payment System. This action was taken by the Monetary Board following its Resolution No. 1158 dated 27 November 2025 due to the corporation's violation of Republic Act No. 11127, the National Payment Systems Act. The directive serves as formal notification to all BSP-supervised financial institutions regarding this regulatory enforcement measure.
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