Electronic Commerce Payments Inc. (ECPay), the multi-payment platform of Globe, posted a significant increase in digital merchant partners as more Filipinos transitioned to digital channels. Surpassing its target of 449,000, ECPay now boasts a general trade retail base of 450,590.

This milestone signifies an expanded reach to a larger customer base through mobile apps catering to eMoney, banking, lending, payment vending machines and neighborhood stores. 

“The remarkable expansion of ECPay’s digital merchant partnerships also unequivocally demonstrates how Filipinos embrace digital financial transactions,” said Ernest Cu, president and CEO of the Globe Group.

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ECPay’s platform provides seamless accessibility through its user-friendly mobile app and website, catering to the dynamic lifestyles of individuals. Recognizing the preferences of those who favor in-person transactions, ECPay has established an expanding network of physical payment centers across the Philippines for convenience and flexibility.

Fintech

As incidents of cybercrime rise due to the pervasiveness of the internet, ECPay started implementing stringent measures, prioritizing the protection of personal and financial information, and guaranteeing peace of mind for all.

With its ongoing expansion, ECPay is on track to establish itself as a prominent force in the financial technology sector in the Philippines.

ECPay’s performance has positioned it as the primary contributor to Globe’s first-quarter top line, accounting for 1.5% of gross service revenues. The platform’s open nature, primarily dedicated to bills payments and prepaid load distribution for all three mobile operators in the country, has been instrumental in this achievement.