The business sector have seen a sharp rise in digital transactions as Filipinos continue to follow quarantine guidelines. Although the e-commerce penetration was just 2% prior to the pandemic, Filipinos still want to continue enjoying the convenience of electronic payment methods.
And here’s Xendit, an Indonesia-based digital transaction service expanding to the Philippines. Xendit offers solutions to make online transactions straightforward and seamless for the country and the rest of Southeast Asia. Through Xendit, any business can go live in less than a day using modern APIs and a dashboard that makes settlement, reconciliation, and accounting simple.
“Xendit’s suite of services is designed to make payments simple, secure, and easy for customers while enabling businesses to grow exponentially,” shared Moses Lo, Xendit Group CEO & Founder.
The GrabPay wallet uses Xendit Direct Debit, in which customers can link their bank accounts just once to top up their GrabPay balance. This product is now live for BPI, UnionBank, and coming soon for BDO as well, letting customers to link their bank accounts for both one-time and recurring payments.
Xendit Philippines strives to make payments more affordable and accessible, even for those without steady access to the internet. As demand for seamless online services continues to grow in the Philippines, Xendit is ready to empower all Filipino businesses with the simplest experience for daily digital transaction needs.