International payment service provider Payop has announced a partnership with Dragonpay, a Philippine-based payment platform, to enhance the online payment experience for businesses operating in the Philippines. The collaboration aims to provide Payop’s international merchant clients with access to a wider range of local payment methods.

The partnership between Dragonpay and Payop addresses the mixed nature of the Philippine payments landscape. While cash remains a frequently used payment method, a significant and growing number of consumers are adopting digital options.

Anastasiia Semenkova, CEO at Payop, stated that international businesses have often focused on card payments, overlooking consumers who use other methods.

“Our collaboration with Dragonpay not only enhances the payment experience for Filipino customers but also plays a crucial role in advancing financial inclusion in the region,” Anastasiia said.

A survey by Statista noted that while 94% of respondents preferred cash, 64% used e-wallets and 52% used online card payments, showing strong digital engagement.

Last year, the number of digital payment users in the country reached nearly 34 million.

Through the partnership, Dragonpay’s solution integrates major local banks and e-wallets, allowing shoppers to use their familiar payment methods at a Payop checkout.

Robertson Chiang, Founder and CEO of Dragonpay, added, “By combining our local expertise with Payop’s international presence, we are confident that we can further enhance the accessibility and convenience of digital payments in the region”.

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