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
Knowing that companies have distinctive business requirements, it is only rational they abstain from getting an all-in-one, “perfect” software system. Just the same, it would be difficult to try to chance on such a software product even among recognizable software products. The practicable thing to undertake is to list the various chief functions which necessitate careful thought like crucial features, packages, skill aptitude of staff members, business size, etc. After which, you should do the research thoroughly. Browse over some Dragonpay analyses and check out the other solutions in your shortlist more closely. Such detailed research ensure you avoid mismatched apps and subscribe to the system which provides all the aspects your business requires.
Position of Dragonpay in our main categories:
TOP
100
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 collected in our base of SaaS software reviews.
Every organization has different wants and requires a software that can be customized for their size, kind of staff members and customers, and the specific industry they are in. For these reasons, no software can offer perfect tools off-the-shelf. When you look for a software product, first be sure what you require it for. Read some Dragonpay Payment Gateway Providers reviews and ask yourself do you need basic functionality or do you require sophisticated functionality? Are there any industry-specific features that you are looking for? Obtain the answers to these questions to help your search. There are multiple aspects that you need to mull over and these include your finances, particular business wants, your organization size, integration needs etc. Take your time, use a few free trials, and finally choose the app that presents all that you need to improve your organization competence and productivity.
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 realize that when you decide to purchase a Payment Gateway Providers it’s crucial not only to see how professionals evaluate it in their reviews, but also to find out whether the real clients and enterprises that bought this software are actually content 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 wide range of social media sites. The data is then displayed in a simple to digest form showing how many people 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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