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 MoreBecause businesses have distinct business-related needs, it is wise they steer clear of settling on a one-size-fits-all, ”best” software solution. Regardless, it is hard to try to chance on such a software system even among sought-after software solutions. The reasonable step to do can be to write the several significant factors that require research such as critical features, price terms, technical skill aptitude of staff members, company size, etc. Thereafter, you should do your product research comprehensively. Read some Dragonpay review articles and explore each of the software solutions in your shortlist in detail. Such all-encompassing product investigation makes sure you circumvent mismatched apps and select the system that delivers 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 check out other subcategories of Payment Gateway Providers gathered in our database of B2B software reviews.
Each company has its own characteristics, and might need a particular type of Payment Gateway Providers solution that will be adjusted to their business size, type of clients and staff and even specific niche they support. You should not count on getting an ideal services that is going to work for every company 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 remember what the solution is supposed to do for your business and your employees. Do you need an easy and intuitive solution with just elementary functions? Will you actually make use of the complex tools needed by pros and big enterprises? Are there any specific features that are especially beneficial for the industry you operate in? If you ask yourself these questions it will be much easier to get a solid app that will fit your budget.
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 realize that when you decide to purchase a Payment Gateway Providers it’s important not only to see how experts score it in their reviews, but also to find out if the real clients and companies that bought this software are genuinely content with the product. Because of that need we’ve designer our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and Dragonpay reviews across a broad range of social media sites. The information is then presented in an easy to digest form showing how many clients had positive and negative experience with Dragonpay. With that information available you should be ready to make an informed business choice that you won’t regret.
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