Xendit has announced its partnership with the three top e-wallets in the Philippines: GCash, PayMaya, and GrabPay.
Xendit is a Southeast Asian fintech company that provides payment infrastructure across Indonesia, the Philippines, and Southeast Asia. The company now allows merchants to accept payments and eliminate the need to perform separate integration and maintenance.
Xendit’s partnership with the top e-wallets and merchants makes it more convenient for businesses to send and accept payments. Customers have more payment choices when shopping online via a single endpoint or plug-in, through GCash, Paymaya, and GrabPay.
“We are proud to be the first PG in PH to enable enterprises and SMEs with all 3 eWallets – Gcash, Paymaya, and Grabpay,” said Ruihong Zhang, the product manager lead for digital payments.
The Southeast Asian payments start-up Xendit has been actively building the most advanced payment system for businesses. Since 2015, Xendit has powered small and medium enterprises (SMEs), some of Indonesia’s largest tech startups, and the world’s largest businesses. As per Xendit, its expansion in the Philippines is part of its commitment to build the country and the region’s digital payments infrastructure.
“Financial inclusion only extends as far as the last person who is able to participate in the rapidly growing Filipino digital economy,” said Yang Yang Zhang, Managing Director of Xendit Philippines, “As ewallets have risen as a mode of payment over the past year, we committed ourselves to ensuring that every Filipino can have access to online channels and any local business can process payments from their customers using fast and reliable technology.”
Furthermore, Xendit is equipped with a powerful in-house fraud detection system that intelligently assesses every payment transaction. It makes recommendations on the risk level and even preemptively blocks suspicious payments. The platform also mentioned that it comes with a world-class customer service experience to cater to all of the client’s needs.
YugaTech.com is the largest and longest-running technology site in the Philippines. Originally established in October 2002, the site was transformed into a full-fledged technology platform in 2005.
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