Dragonpay Review
What is Dragonpay?
Dragonpay offers online payment solutions to companies and consumers in the Philippines. Using their gateway, customers can make online purchases and pay for them by check or cash at ATMs and physical payment counters, as well as via mobile wallets and online account debit. Philippines is a country where a majority of the people do not have bank accounts or credit cards. Therefore, Dragonpay helps people in that country to make convenient purchases online and pay using their preferred method.
Ecommerce stores in the Philippines also benefit from Dragonpay’s payment options. Its solutions are utilized by hundreds of online stores, daily deals, and travel and retail businesses.
Dragonypay is a great payment solution for people who do not have credit cards or PayPal accounts. The platform automatically tracks offline and online payment transactions, and sends a notification to the concerned merchant when a payment is made.
Show MoreOverview of Dragonpay Benefits
Dragonpay is a suitable payment solution for the Philippines where most people use cash for their purchases. Online merchants can lose a lot of business because consumers do not have a credit card and therefore cannot make online purchases. Dragonpay’s payment methods thus benefit both consumers and merchants.
Consumers can use the following payment modes via Dragonpay:
Online banking: If you have a bank account, you can use it to buy online and the payment will be debited instantly from your account.
Over-the-counter (OTC) banking: You can go to a local bank branch and pay at the counter. The merchant is notified after the payment is done.
OTC non-bank: Instead of going to a bank branch, you can make cash payment at a retail store or partner branch.
What benefits does Dragonpay offer to merchants? Here is the list:
Both consumers and merchants are assured of secure transactions. Customers don’t need to reveal their credit card details online while merchants are shielded from credit card frauds. Merchants also get assured payments for sales on their site because of Dragonpay’s no cash-back policy.
Merchants can reach more consumers and expand their market share in the Philippines without being affected by lack of credit card usage. They can benefit from the alternative payment methods offered by Dragonpay.
Finally, merchants can enjoy higher profit margins because Dragonpay does not take a fixed percentage of the total sales. The pricing is more merchant-friendly as they charge a fixed fee per transaction.
Show MoreOverview of Dragonpay Features
- Online payment solution
- Recurring payments
- Mass payout
- Online payment collection
- Personal escrow service
- Secure transactions
- No-chargeback payment policy
- Fixed fee per transaction
- Customer support via phone, email, and live chat
Dragonpay Position In Our Categories
Bearing in mind companies have special business-related requirements, it is only rational that they steer clear of preferring an all-encompassing, ”best” system. However, it is difficult to try to pinpoint such a software system even among well-known software systems. The efficient thing to undertake is to spell out the various main functions that require analysis like major features, price plans, skill aptitude of staff members, organizational size, etc. Then, you must double down on your product research systematically. Go over some Dragonpay evaluations and look into each of the software options in your shortlist more closely. Such all-encompassing product investigation ensure you steer clear of mismatched apps and subscribe to the system that offers all the benefits your business requires to realize efficiency.
Position of Dragonpay in our main categories:
TOP
100
Dragonpay is one of the top 100 Payment Gateway Providers products
If you are interested in Dragonpay it could also be a good idea to check out other subcategories of Payment Gateway Providers collected in our base of SaaS software reviews.
Every company has its own characteristics, and might require a special Payment Gateway Providers solution that will be fit for their business size, type of customers and employees and even individual niche they cater to. You should not count on locating a perfect solution that is going to work for each business regardless of their history is. It may be a good idea to read a few Dragonpay Payment Gateway Providers reviews first and even then you should keep in mind what the software is supposed to do for your business and your employees. Do you require a simple and straightforward app with just essential features? Will you really use the advanced tools required by pros and large enterprises? Are there any particular tools that are especially useful for the industry you operate in? If you ask yourself these questions it is going to be much easier to find a reliable software that will fit your budget.
How Much Does Dragonpay Cost?
Dragonpay Pricing Plans:
Free Trial
One-time setup charge
PHP 28,000
Online Banking
PHP 10.00
OTC Banking
PHP 15.00
OTC Non-Banks
PHP 20.00
What are Dragonpay pricing details?
Dragonpay Pricing Plans:
Free Trial
One-time setup charge
PHP 28,000
Online Banking
PHP 10.00
OTC Banking
PHP 15.00
OTC Non-Banks
PHP 20.00
Here is Dragonpay’s fee schedule:
| Channel | Transaction Cost |
| Online Banking | PHP 10.00 |
| OTC Banking | PHP 15.00 |
| OTC Non-Banks | PHP 20.00 |
There is a one-time setup charge of PHP 28,000 including VAT. Merchants do not have to pay annual fees but if they don’t have transactions for a year, they will be deactivated automatically. Settlement is weekly.
Fee Schedule for Micropayments
Merchants who sell low-value products (PHP200 or below) can opt for the Micropayments Plan. Here, Dragonpay charges 5% of the transaction amount and not fixed fees. The Micropayments Plan also has a one-time setup charge of PHP 28,000 (including VAT).
User Satisfaction
Positive Social Media Mentions
0
Negative Social Media Mentions
0
We are aware that when you choose to purchase a Payment Gateway Providers it’s important not only to find out how professionals score it in their reviews, but also to check if the real clients and enterprises that bought these solutions are genuinely satisfied with the service. That’s why we’ve devised our behavior-based Customer Satisfaction Algorithm™ that collects customer reviews, comments and Dragonpay reviews across a vast array of social media sites. The information is then presented in a simple to digest form indicating how many customers had positive and negative experience with Dragonpay. With that information at your disposal you will be equipped to make an informed business choice that you won’t regret.
Technical details
Devices Supported
- Web-based
Deployment
- Cloud Hosted
Language Support
Pricing Model
- Quote-based
Customer Types
- Small Business
- Large Enterprises
- Medium Business
What Support Does This Vendor Offer?
- phone
- live support
- training
- tickets
What integrations are available for Dragonpay?
No information available.
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