This partnership will integrate instalment payment plans, rewards and cashback features into existing merchant acquiring solutions.
The integration will also support the acceptance of multiple digital payment methods, including card and quick response code transactions.
The collaboration intends to provide micro, small, and medium enterprises with a smarter and more robust financial technology infrastructure.
The mobile wallet currently offers digital payment solutions such as PocketPay.
This specific tool allows merchants to turn any smartphone into a point of sale terminal.
Local merchants can also use real-time audio confirmation tools like SoundPay alongside newly launched enterprise devices such as EasyPOS.
Paul Albano, General Manager and Head of GCash for Business, stated that the company helps local entrepreneurs grow through simple and reliable payment methods.
Paul Albano
“With our collaboration with Pine Labs, merchants can now offer more payment choices and added perks, making it easier for their businesses to expand and serve more customers,” Albano added.
Dheeraj Chowdhry, Chief Business Officer for Southeast Asia at Pine Labs, said the firm is delivering high-performance software integrations to help local merchants scale.
Dheeraj Chowdhry
“Our rapid deployment capabilities will improve merchant onboarding, engagement, and retention in the region,” Chowdhry noted.
The global platform operates a locally incorporated entity and already manages a large gift card programme for major retail chain SM Retail.
Featured image: Edited by Fintech News Philippines based on an image by viktoryvisuals via Magnific.