The Bangko Sentral ng Pilipinas (BSP) signed a deal with the Philippine Statistics Authority (PSA) to subsidize the production and distribution of blank cards for the Philippine Identification System (PhilSys) or the country’s national ID scheme, in hopes of growing financial inclusivity among Filipinos by reducing the documents required to open bank accounts.
National ID Philippines
During its pilot test registration on September 2, the Philippine Statistics Authority (PSA) announced that it will open the Philippine Identification System (PhilSys) to the Filipino public by mid-2020.