Dragonpay Integrates with ECPay

Dragonpay payments are now accepted at more than 2,000 physical outlets of Electronic Commerce Payments, Inc.'s (ECPAY) Collection Partners.  Payments are accept 7-days-a-week at these brick-and-mortar channels nationwide including:

1. Selected Smart Distributors
2. Selected Cignal Distributors
3. ExpressPay
4. Via Express
5. LCC Express Link
6. Selected Tambunting Pawnshops
7. CVM Pawnshops
8. Enterprise Bank
9. Ever Plus Superstores
10. Natasha
11. Prime Asia Pawnshop
12. Metro Gaisano
13. NCCC
14. Marikina Shoe Exchange
15. C & L Bayad Center
16. NIG Marketing
17. Jewelhouse Pawnshop and Jewelry
18. Royal House Jewelry and Pawnshop
19. Magic Appliance Center
20. Marjam Money Changer

For a full listing as of Aug 2013, click here.

Selected Petron gas stations are also part of the network already.

Dragonpay Accepts International Cash Payments via I-Remit

In its effort to reach out to more buyers abroad with no credit cards, Dragonpay has tapped into the network of I-Remit, the largest non-bank, Filipino-owned remittance company.  With this new development, overseas Filipinos can now avail of products and services from Dragonpay e-commerce merchants either for themselves or for the benefit of their families back home in the Philippines.

I-Remit branches in the following countries can accept Dragonpay bills payment:

1. Asia Pacific
• Australia
• Brunei
• Hong Kong
• Japan
• Malaysia
• Marshall Islands
• New Zealand
• Singapore
• Taiwan
2. Europe
• Austria
• Germany
• Greece
• Ireland
• Italy
• Spain
• The Netherlands
• United Kingdom
3. Middle East
• Bahrain
• Israel
• Jordan
• Lebanon
• Qatar
• United Arab Emirates
4. North America
• Canada

I-Remit is the first publicly-listed remittance company.  It went public in 2007.  It is currently estimated to account for 6.5% of remittance inflows into the Philippines.

Dragonpay Featured at The Asian Entrepreneur

Dragonpay featured in Issue #26 of the Asian Entrepreneur (https://www.facebook.com/TheAsianEntrepreneur).

Check out the full story here:

http://www.asianentrepreneur.org/#!robertson-chiang/cfc0

Dragonpay cited as one of "10 startups that can beat PayPal in Southeast Asia"

Regional Tech Industry watcher TechInAsia recognizes Dragonpay as a strong PayPal contender in the Philippine market where alternative payments are very common and popular.

Read the full article here:
http://www.techinasia.com/10-startups-beat-paypal-southeast-asia/

Philippines Startup Scene

Check out the the Philippines Startup Report prepared by Ron Hose to get a good idea of the Philippine e-commerce scene.

Philippines Startup Report - 2013 from Ron Hose

Robinsons Department Stores now part of the Dragonpay payment system

Robinsons Department Store (RDS), the flagship retail chain of the Gokongwei group, now accepts Dragonpay over-the-counter payments at its Business Center counter. Customers can purchase online from any merchant accepting Dragonpay, then go to an RDS Business Center to pay.

The service is available at all RDS branches nationwide.  RDS Business Centers accept payments daily (Mon to Sun) up to 7pm.  Payments are processed and posted by Dragonpay at the end of the day.

Other Gokongwei businesses include real estate (Robinsons Land), retail (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 sold their telecommunications business to the PLDT group.

Security Bank Supported

Customers can now pay at Security Bank via online, over-the-counter or ATM for purchases made from Dragonpay merchants.  Payments are processed end of day.  Weekend payments via online banking and ATM are processed on Mondays.

Security Bank has been embarking on a major expansion since late 2012.  New branches are opening in several areas nationwide.  The bank also bought out a small savings bank and converted it into its savings bank arm, Security Bank Savings.  The bank has introduced innovative services such as the electronic GC (e-GC) which allows anyone to withdraw from a Security Bank ATM supporting the feature -- even if you are not an account holder and do not have a Security Bank ATM card!

Paying over-the-counter at BDO for Dragonpay

Depending on where your location is, Dragonpay has 2 types of over-the-counter payments at BDO -- Regular Cash Deposit and Bills Payment.  Make sure to exactly follow the instruction that you receive as paying in the wrong channel can cause delays in processing.

From the merchant website, you will be redirected to Dragonpay's payment selection page.  Select Banco De Oro Over-the-Counter (OTC) as your Fund Source. Choose among the available branches from the secondary dropdown list.

Customers paying in Manila, Cebu and Davao, should select the corresponding branch from the list.  Dragonpay will prompt you to make a regular OTC cash deposit at any BDO branch in those areas.  There will be no handling fees if you select the correct branch.  If you live outside of these areas, choose Others.  From here, either one of two things can happen:

1. If the amount is at least PHP200.00, Dragonpay will send you an instruction to perform a Bills Payment.  An extra service fee of PHP30.00 will be added to the amount due.  This will actually come out better for you because the BDO branch will no longer charge you the PHP50.00 handling fee for depositing to a branch outside your province.  So in reality, you are saving PHP20.00.  Click this link for more information about paying via Bills Payment.
2. However, if the amount due is less than PHP200.00, Dragonpay will send a regular Cash Deposit instruction to its Manila branch account.  So while we will not add any service fee to the amount due, the BDO branch in your area will most likely charge you the provincial handling fee of PHP50.00.

Basically, just make sure to select the correct branch and our system will automatically figure out the best option for you.  If you ever make a mistake and paid the wrong amount (ex. you did not add the PHP30.00 extra fee for Bills Payment) immediately contact us for assistance.

NOTE: For customers based overseas whose only way to make a payment is through bank wire transfer, please choose "Metro Manila / Outside Philippines" as the bank branch to force our system to use the standard Cash Deposit instruction.  Bills Payment will not work for international payments.