The Central Bank of the Philippines is finalizing new rules, developed following public consultation, to require banks, e-wallets and other financial service providers to strengthen safeguards aimed at reducing consumer harm linked to online gambling. The measures are set to include stricter identity verification, including biometric checks such as facial recognition, to ensure only eligible individuals can use their funds for online gambling. The framework also предусматривает daily limits on gambling-related transfers, time-based restrictions on gambling payments, and user tools that allow customers to set personal spending caps, take voluntary breaks, or self-exclude from gambling transactions. The central bank indicated the rules are being finalized after consultation, but did not specify an implementation date.
Central Bank of the Philippines 2025-08-07
Central Bank of the Philippines finalizes online gambling payment rules with biometric verification and daily transfer limits
The Central Bank of the Philippines is finalizing new rules to enhance safeguards against consumer harm from online gambling, following public consultation. The measures will include stricter identity verification, daily limits on gambling-related transfers, and user tools for spending caps and self-exclusion. An implementation date has not been specified.