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Dragonpay Review

Dragonpay
Our score: 8.0 User satisfaction: N/A

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.

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Overview 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.

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Overview 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

Keeping in mind companies have special business wants, it is only practical that they steer clear of getting a one-size-fits-all, “perfect” solution. Just the same, it would be hard to come across such an app even among widely used software systems. The correct step to do can be to list the various important aspects which entail inspection such as critical features, budget, technical skill aptitude of the users, company size, etc. Thereafter, you must conduct your research comprehensively. Browse through some of these Dragonpay evaluations and scrutinize each of the software solutions in your shortlist in detail. Such detailed research guarantee you weed out mismatched software products and select the one that includes all the tools 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 interested in Dragonpay it may also be a good idea to investigate other subcategories of Payment Gateway Providers gathered in our base of B2B software reviews.

There are trendy and widely used solutions in each software group. But are they automatically the best fit for your organization’s special requirements? A trendy software solution may have thousands of users, but does it provide what you need? For this reason, do not blindly spend on popular systems. Read at least a few Dragonpay Payment Gateway Providers reviews and think about the elements that you wish to have in the software such as the price, main functionality, available integrations etc. Then, shortlist a few apps that fit your requirements. Check out the free trials of these products, read online opinions, get clarifications from the maker, and do your research systematically. This exhaustive research is certain to assist you find the most excellent software application for your firm’s special needs.

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

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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 know that when you choose to buy a Payment Gateway Providers it’s vital not only to see how professionals score it in their reviews, but also to find out whether the real users and companies that bought it are genuinely happy with the service. Because of that need we’ve devised our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and Dragonpay reviews across a wide range of social media sites. The data is then displayed in a simple to digest way revealing how many people had positive and negative experience with Dragonpay. With that information at hand you should be equipped to make an informed buying 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?

  • email
  • phone
  • live support
  • training
  • tickets

What integrations are available for Dragonpay?

No information available.

 

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Jenny Chang

By Jenny Chang

Jenny Chang is a senior writer specializing in SaaS and B2B software solutions. Her decision to focus on these two industries was spurred by their explosive growth in the last decade, much of it she attributes to the emergence of disruptive technologies and the quick adoption by businesses that were quick to recognize their values to their organizations. She has covered all the major developments in SaaS and B2B software solutions, from the introduction of massive ERPs to small business platforms to help startups on their way to success.

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