Anna Sternichuk
Payop, a global payment service provider, has partnered with Dragonpay, one of the Philippines’ top payment platforms, to make it easier for businesses to accept local payments. The integration allows Payop to offer more regional options, helping merchants better connect with Filipino consumers.
In the Philippines, both cash and digital payments play a key role. While cash is still widely used, more people are turning to mobile wallets and online banking. This partnership enables Payop to support both traditional and digital preferences, giving businesses broader reach in the market.
Why local payment options matter
Digital payments are rising fast. In 2024, 33.85 million people in the Philippines used digital payment services, mainly through e-commerce. Still, a Statista survey (statista.com) showed 94% of respondents continue to use cash. Meanwhile, e-wallet and online card payments reached 64% and 52% adoption rates, respectively.
This shift shows that offering a range of payment methods is essential for businesses operating in the region.
What this means for businesses
With Dragonpay integrated into Payop’s platform, merchants can give Filipino shoppers access to all major local banks and digital wallets at checkout. This means smoother transactions for users and better conversion rates for merchants.
Anastasiia Semenkova, CEO at Payop, explained:
“International e-commerce websites have previously focused on card payments for their expansion strategies, overlooking the potential to engage consumers who prefer alternative payment methods for everyday transactions. 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.”
“Online shopping is now more convenient than ever. Dragonpay’s solution integrates all major banks and e-wallets, allowing local shoppers to pay using their familiar methods at Payop checkout. We value their reliability and payment expertise.”
Dragonpay Founder and CEO Robertson Chiang added:
“Our collaboration with Payop enables us to provide a seamless and comprehensive payment experience to a broader range of consumers. 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, ultimately driving financial inclusion and growth.”
About Dragonpay
Founded in 2010, Dragonpay is the pioneer in alternative payment solutions across the Philippines. It empowers businesses of all sizes to accept and disburse payments through secure and convenient channels, giving their customers the flexibility to choose the payment method that’s right for them. Today, Dragonpay supports over 85* payment channels and 35,500* branches, serving more than 3,500* merchants. The company has processed over 400* million transactions.
More at dragonpay.ph.
*Numbers may fluctuate
About Payop
Payop is an international payment platform that helps businesses accept and manage payments across borders. With over 500 payment methods in 170 countries, Payop makes it easy for merchants to expand globally while offering local options. The platform is secure, easy to integrate, and built for fast-growing industries like e-commerce, digital goods, and iGaming.
More at payop.com.
