Digido, a digital lending service, has made it easier for its users to pay off loans by adding a new payment option with QR Ph. This update is part of Digido’s ongoing partnership with the online payment service Dragonpay.
With the integration of QR Ph, Digido users can now repay their loans quickly by scanning or uploading a QR code. This can be done through various electronic wallets or banking apps, making the process faster and more convenient.
“This initiative gives our clients much more flexibility when using their cash loans as well as facilitating positive loan repayment behavior,” said Rose Arreco, manager, Business Development, Digido. “The growing trust and preference for digital channels, including lending, should be met with integrations like these to increase access to timely financing options.”
QR Ph is a standard QR code system required by the Bangko Sentral ng Pilipinas (BSP). It was introduced to ensure that payment systems are safe, reliable, and work well together across different platforms. This standard makes it easier for people to use QR codes for payments, no matter which bank or app they prefer.
Financial inclusion
“With the integration of QR Ph, this partnership highlights Dragonpay’s commitment to expanding digital payment access, aligning seamlessly with Digido’s mission to ensure underserved Filipinos gain safe and inclusive entry into the nation’s digital financial ecosystem,” said Robertson Chiang, founder, Dragonpay.
Digido clients can monitor the Repayment section of the platform’s official website as well as its official Facebook and Instagram pages for step-by-step procedures on using QR Ph as a loan repayment option.