Payop Partners With Dragonpay to Expand Digital Payment Access in the Philippines

Payop, an international payment service provider, has teamed up with Dragonpay to streamline digital transactions in the Philippines. The partnership aims to cater to both cash-reliant consumers and the growing segment of tech-savvy users adopting e-wallets and online banking.

Despite 94% of Filipinos still preferring cash, digital payment adoption is rising—64% now use e-wallets, while 52% opt for online card payments. Last year saw 33.85 million digital payment users, with e-commerce dominating at 99.5% penetration. This shift reflects improving digital infrastructure and changing consumer habits.

The collaboration underscores a strategic MOVE to capture Southeast Asia's evolving payments landscape, where hybrid solutions bridge traditional and modern financial behaviors.