CLAIM: Philippine money will soon be demonetized and replaced by QR codes.



Vlogger Dante Maravillas falsely claimed on his YouTube channel that currency would very soon be replaced by Quick Response (QR) codes, citing a story by a state news service.

Maravillas was reacting to an article published by the Philippine News Agency (PNA) in April about the Land Bank of the Philippines’s (Landbank) program to adopt QR codes in public markets and other business establishments as well as public transport.

But nowhere in the story was it mentioned that paper money and coins would be demonetized soon to pave the way for cashless transactions.

Rather, the Landbank program was meant to promote digital payments.

The PNA story stated that Landbank would join the Bangko Sentral ng Pilipinas (BSP) and the Department of the Interior and Local Government (DILG) to make daily transactions in public markets and public transport seamless and more convenient.

Moreover, there was no BSP announcement of a demonetization of all currency to force the use of QR codes.

Maravillas, who has over 76,000 followers on his personal channel and over 97,000 subscribers on his BULLSEYE channel, also made the outlandish claim that the proliferation of QR codes was the work of the anti-Christ. — Danielle Ellyma Bayani, Hannah Corinne Garzon, Sofia Gabrielle Rosario, Mariamne Yasmin Yap


PressOne.PH is part of #FactsFirstPH which brings together various sectors that are committed to promoting truth in the public space, and exacting accountability on those who harm it with lies. For those interested to join the initiative, email

PressOne.PH believes that fact-checking is essential to combating misinformation and disinformation, and in informing and educating citizens and voters. Read more of PressOne.PH’s Fact-Checking Policy by clicking here.

The public is welcome to send feedback or requests for fact-checks at



PressOne.PH is a verified signatory of the Code of Principles of the International Fact -Checking Network at Poynter. The code of principles of the IFCN is a series of commitments organizations abide by to promote excellence in fact-checking.
If you believe PressOne.PH is violating the Code of Principles of the International Fact-Checking Network, you may submit a complaint directly to the IFCN website: