MANILA, OCTOBER 27, 2021 - ShopeePay, Shopee’s integrated mobile wallet, partners with GHL Systems Berhad, to expand digital payment acceptance in the Philippines, bringing cashless payment solutions for businesses and consumers to over 83,000 merchant points nationwide.
GHL, ASEAN’s leading payment solutions provider, with a vast footprint of 383,600 payment touchpoints across the region, teams up with ShopeePay to drive digital payments in the Philippines as more Filipinos continue to shift towards safer and more convenient options. ShopeePay users can now pay at establishments such as Phoenix Petroleum, Family Mart, Three Sixty Pharmacy, Prince Retail, and more chains nationwide.
The future of digital financial services in Southeast Asia sees great potential. The region’s gross transaction value will experience a 15% increase, expecting to reach U$1.2 trillion dollars from digital financial services by 2025. With more Filipinos embracing cashless payment methods, the total transaction value for digital payments is expected to have an annual growth rate of 14.67% in the next four years. With this, ShopeePay continues to expand its roster of partner merchants to serve more individuals anytime and anywhere.
Ruoshan Tao, Head of ShopeePay Online Philippines, said, “As more consumers adopt digital and contactless payments, it’s essential for ShopeePay to provide easier ways for our consumers to transact online. With our partnership with GHL, we can scale up our network of partners and offer our customers access to a wider variety of partner merchants. We will continue to collaborate with other organizations to support Filipino consumers embracing digital payments.”
The collaboration between ShopeePay and GHL aims to encourage Filipinos to embrace digital payments. ShopeePay will work with new partners to boost both financial and digital inclusion throughout the country, and will push for initiatives that will support the easier adoption of finance digitalization.
Rey Maria R. Chumacera, Chief Executive Officer at GHL Systems Philippines, said, “Adding ShopeePay to our range of digital payment acceptance is definitely the way forward to allowing our merchants to reach a larger consumer base. With ShopeePay’s expansive reach, we can continue growing together, reaching immense scalability in time. At the end of the day, consumers are the clear winners from an enhanced payment experience.”
Users can activate and cash-in their ShopeePay wallets through online banking, debit card, and over-the-counter partners to enjoy a safe and rewarding cashless experience. For more information about ShopeePay and its perks and benefits, visit https://shopee.ph/m/shopee-pay
Download the Shopee app for free via the App Store or Google Play.
Shopee is the leading e-commerce platform in Southeast Asia & Taiwan. Shopee connects shoppers, brands, and sellers across Asia and other fast-growing markets, empowering anyone to buy and sell anywhere and at any time.
Shopee offers an easy, secure, and engaging experience that is enjoyed by millions of people daily. It offers a wide product assortment, supported by integrated payments and logistics, as well as popular entertainment features tailored for each market. Shopee is also a key contributor to the region’s digital economy with a firm commitment to helping brands and entrepreneurs succeed in e-commerce.
Shopee is a part of Sea Limited (NYSE:SE), a leading global consumer internet company. In addition to Shopee, Sea’s other core businesses include its digital entertainment arm, Garena, and digital financial services arm, SeaMoney. Sea’s mission is to better the lives of consumers and small businesses with technology.
ShopeePay is an integrated mobile wallet that offers users easy access to digital payment services. Launched in the Philippines in 2019, ShopeePay enables a seamless shopping experience by allowing users to make online payments on Shopee, top-up their wallets, and transfer and withdraw funds.
ShopeePay makes it easier to shop and do business. It provides users with a convenient, secure, and rewarding payment option; it empowers businesses and helps them capture new opportunities.
ShopeePay is part of SeaMoney, the digital financial services arm of Sea Group. A leading digital payments and financial services provider in Southeast Asia, SeaMoney’s mission is to better the lives of individuals and businesses in the region with financial services through technology.