ShopeePay, Shopee’s integrated mobile wallet, has partnered with GHL Systems Berhad to expand digital payment acceptance in the Philippines, and bring cashless payment solutions for businesses and consumers to over 83,000 merchant points nationwide.
GHL, ASEAN’s leading payment solutions provider, has a vast footprint of 383,600 payment touchpoints across the region. With the partnership, ShopeePay users can now pay electronically 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 has great potential. According to Google, Temasek, and Bain, e-Conomy SEA 2020, 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 grow exponentially in the coming years. With this, ShopeePay continues to expand its roster of partner merchants to serve more individuals anytime and anywhere.
“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,” said Ruoshan Tao, Head of ShopeePay Online Philippines.
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.