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 MoreDragonpay 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 MoreKnowing that companies have unique business-related demands, it is only sensible they abstain from paying for an all-encompassing, ideal software. However, it would be almost impossible to come across such application even among well-known software products. The sensible step to do should be to tabulate the varied key aspects which need scrutiny such as critical features, price plans, skill levels of staff, company size, etc. The second step is, you must perform your research to a full extent. Have a look at some Dragonpay review articles and scrutinize each of the applications in your list in detail. Such all-encompassing research ascertain you drop poorly fit software solutions and choose the system that offers all the features your business requires.
Position of Dragonpay in our main categories:
Dragonpay is one of the top 100 Payment Gateway Providers products
If you are considering Dragonpay it might also be beneficial to analyze other subcategories of Payment Gateway Providers listed in our base of SaaS software reviews.
It is essential to realize that almost no app in the Payment Gateway Providers category will be a perfect solution that can meet all the requirements of various company types, sizes and industries. It may be a good idea to read a few Dragonpay Payment Gateway Providers reviews first as specific services can excel only in a very small set of applications or be created with a very specific type of industry in mind. Others might function with a goal of being easy and intuitive and consequently lack advanced functionalities needed by more experienced users. You can also find solutions that cater to a broad group of users and offer a rich feature toolbox, but this frequently comes at a higher cost of such a software. Ensure you're aware of your needs so that you purchase a software that offers exactly the functionalities you look for.
Dragonpay Pricing Plans:
PHP 28,000
PHP 10.00
PHP 15.00
PHP 20.00
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).
We know that when you choose to get a Payment Gateway Providers it’s crucial not only to see how professionals rank it in their reviews, but also to check if the real clients and companies that use this software are actually happy with the service. That’s why we’ve designer our behavior-based Customer Satisfaction Algorithm™ that collects customer reviews, comments and Dragonpay reviews across a vast range of social media sites. The information is then displayed in a simple to digest format showing how many customers had positive and negative experience with Dragonpay. With that information available you should be ready to make an informed purchasing choice that you won’t regret.
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