#Philippines #Manila #Digital Payments #Payop #Dragonpay

Payop and Dragonpay: Revolutionizing Online Payments in the Philippines

The ever-evolving digital payments landscape in Southeast Asia has seen a significant leap forward with the new partnership between Payop, a global payment service provider, and Dragonpay, a Philippine-based payment platform. Announced on July 23, 2025, this collaboration aims to enhance the online transaction experience for both consumers and businesses across the region.

The Shift from Cash to Digital

Despite the ongoing preference for cash transactions among many Filipinos, particularly in rural areas, there is a noticeable shift towards digital banking, mobile wallets, and other electronic payment methods. According to a study by Statista Research Department, while 94% of respondents preferred cash, the popularity of e-wallets and online card payments is on the rise, indicating that digital adoption is underway. Last year alone, the number of digital payment users in the Philippines reached an impressive 33.85 million, driven largely by the growth of e-commerce.

Payop recognizes this wave of change, having facilitated online transactions worldwide for six years. The company continually expands its array of payment methods, providing merchants with a gateway to access the burgeoning online market in the Philippines. This initiative aligns with the increasing need for diverse payment options to meet the varied preferences of consumers in the region.

An Inclusive Approach to Payment Solutions

The importance of this partnership cannot be overstated. Anastasiia Semenkova, CEO of Payop, emphasizes the strategic value of this collaboration for developing business in the Philippines: "International e-commerce websites have often focused solely on card payments, missing out on significant consumer segments who rely on alternative payment methods. Our partnership with Dragonpay not only improves the payment experience for Filipino consumers but also contributes to greater financial inclusion in the area."

Dragonpay’s extensive network integrates major banks and e-wallets, enabling local shoppers to complete transactions using familiar methods at the Payop checkout. This means that online shopping is not just easier; it is also more accessible for a larger demographic.

Robertson Chiang, Founder and CEO of Dragonpay, echoes this sentiment: "Through our collaboration with Payop, we aim to provide a seamless payment experience for a broader range of consumers. By combining our local expertise with Payop's international presence, we can significantly enhance the accessibility of digital payments in the Philippines, driving financial growth and inclusion."

Dragonpay: A Pioneer in Alternative Payments

Established in 2010, Dragonpay has emerged as a leader in alternative online payments within the Philippines. It provides businesses of all sizes the tools to accept and process payments securely while offering customers the flexibility to choose their preferred payment methods. Currently, Dragonpay partners with over 3,500 merchants and 85 payment channels across the country, highlighting its influence in the local payment ecosystem.

Payop: A Global Leader in Payment Services

Payop’s commitment to enabling seamless online payments across borders positions it well in the market. With access to over 500 payment methods in 170 countries, the firm facilitates local payment strategies for merchants aspiring to scale internationally. The platform ensures robust fraud protection and full compliance, serving not only e-commerce but a wide range of digital services.

Conclusion

The synergy between Payop and Dragonpay signals a new era for digital payments in the Philippines. As both companies collaborate to streamline the payment process and embrace diverse payment preferences, they are setting the stage for improved financial inclusion and consumer confidence in online transactions. This partnership represents a significant step forward, enhancing the ease of digital payments for a growing number of Filipinos eager to engage in an increasingly connected world. For more information, visit Payop and Dragonpay.