RobinsonsBank is relatively new player in town. It started out as Robinsons Savings Bank with the Megalink consortium, but have converted into a full-service commercial bank in recent years and switched to Bancnet.
RobinsonsBank is owned by the Gokongwei group whose other major interests include real estate (Robinsons Land), retail (Robinsons Department Store, Robinsons Supermarket, Toys 'R Us), manufacturing (Universal Robina Corporation), and many others. Until recently, it was a major player in the telecommunications industry through Digitel and Sun Cellular. The group recently sold their telecommunications business to the PLDT group.
RobinsonsBank account holders may purchase from Dragonpay merchants using their Internet Banking account. Account holders and non-account holders can also make over-the-counter payments at any RobinsonsBank branch. Note that provicinal over-the-counter payments are charged with a handling fee as of this writing, but payments made through Internet Banking are not.
Dragonpay is a Philippine-based alternative online payment solution that uses online and offline banking facilities, and other non-traditional brick-and-mortar outlets, to accept payments from a broader market base in a more secure and cost-effective manner.
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