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.
Page Classification: GENERAL
OFFICE OF THE DEPUTY GOVERNOR I PAYMENTS AND CURRENCY MANAGEMENT SECTOR CIRCULAR LETTER NO. CL-2026-___ To : All Bangko Sentral ng Pilipinas (BSP) Supervised Financial Institutions Subject : Cancellation of the Certificate of Registration (COR) as Operator of Payment System (OPS) of Salarium Payments Corporation Please be informed that the Monetary Board, in its Resolution No. 1158 dated 27 November 2025, has approved the cancellation of the COR to operate as OPS of SALARIUM PAYMENTS CORPORATION (Salarium) in view of its violation of Republic Act No. 11127, otherwise known as the National Payment Systems Act. For information and guidance.
MAMERTO E. TANGONAN Deputy Governor __March 2026 MERTO E. TANGONA Deputy Governor Electronically signed on 11 Mar 2026 11