Dragonpay partner, VMoney, was granted an Electronic Money Issuance (EMI) license:
http://e27.co/vmoney-granted-conditional-emi-license-in-the-philippines-20141106/
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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