Updated: 18/05/2023
βYou have to have a dream, whether big or small. Then plan, focus, work hard and be very determined to achieve your goals.β
Henry Sy
We all are familiar with the global growth of an E-commerce industry which is valued at $4.9 Trillion by the year 2023 and dominate by the western countries at the present moment.
But now, there are Asian countries that are rising and dominating the e-commerce market such as India(Bharat) | Indonesia | China, and the Philippines too.
How?
A report by DATAREPORTAL, says that the internet penetration rate in Philippines reached 73% at the present moment which means a total number of 85 Million internet users.
According to Statista E-commerce market in the Philippines is increasing with a growth rate of 13% and reached a total revenue of more than $18 Billion by the year 2023.
Due to the rise of the e-commerce industry in the Philippines, there is one more industry that lifts up its growth which is the fintech industry.
So, in this article, we will present you with the best E-commerce payment gateways in the Philippines available for freelancers, entrepreneurs, or businesses.
Before moving with any of them do checkout the MDR, payout timings, and payment methods.
Top List of Payment gateway providers in Philippines
- Paytabs
- PaymentWall
- Juancash
- Gcash
- ipay88
- Paymongo
- Dragonpay
- Razer
- Pesopay
- Molpay
- Ezypay
- Coins
- Paymaya
- Paypal
- Paynamics
- Mastercard
- Jazzypay
- Bux
- DBP
- Unionbank
- Asiapay
- Pesopay
Useful resources