GoAllPay innovates cross-border payments, launches GCash in the Philippines and online banking in Ma

The one-stop cross-border payment platform GoAllPay has made another effort and announced the official launch of the popular local wallet "GCash" in the Philippines and online banking payment services in Malaysia. This move marks the further expansion and deepening of GoAllPay's local payment and collection service capabilities in Southeast Asia. This strategic deployment undoubtedly provides a powerful payment solution for enterprises to enter the Philippine and Malaysian markets, effectively solving the pain points of traditional international credit card collections such as difficulty in collecting payments, high chargeback rates, and limited coverage of the population.

In the Philippines, a country with a population of about 100 million, the main payment methods for consumption are cash and local e-wallets. It is worth noting that due to low penetration of banking services, up to 66% of Filipinos do not have bank accounts, and 90% lack credit records and credit cards. However, with the significant growth in smartphone usage - soaring to 67% from 30% three years ago, the mobile payment field shows great potential for development. In particular, "GCash", as the leader of e-wallets in the Philippines, has covered more than 8 million users and is deeply favored by the Filipino people. It is widely used in various scenarios such as mobile phone recharge, consumption transfer, online shopping, and ticket purchase. GoAllPay's launch of "Coin Pay GCash" means that corporate merchants can easily collect payments from Filipino users by simply connecting to its technical interface. Users can also enjoy an extremely convenient and friendly payment experience, from creating orders to choosing GCash for payment. , and then enter the password to complete the payment, everything is under control.

At the same time, GoAllPay also launched online banking payment services in Malaysia. According to statistics from Bank Negara Malaysia, online banking is still the main channel for Malaysians to conduct transactions, with an online banking penetration rate as high as 85.1%. For industries such as overseas gaming and foreign trade e-commerce, choosing the local mainstream payment method in the target country will undoubtedly significantly improve user favorability. By connecting to GoAllPay's technical interface at one time, merchants can not only significantly save time and technical costs, but users can also enjoy an extremely convenient payment process. Currently, GoAllPay supports 17 mainstream local banks, with wide user coverage and a worry-free payment experience.

The launch of this new product line is another important step taken by GoAllPay to help more overseas companies overcome payment and collection problems in emerging markets such as the Philippines and Malaysia. Not only that, GoAllPay's service territory also covers local payment collections in Europe, South America, India and other places, truly realizing a one-stop service for global payments. Whether it is a local enterprise or a cross-border merchant, GoAllPay is your trustworthy partner as long as you have business needs.

About GoAllPay, this is an aggregate payment service platform focusing on cross-border payment processing and services. With in-depth cooperation with many banks, payment companies and remittance companies around the world, it is committed to providing local and cross-border enterprises and e-commerce companies around the world. Safe, fast and stable one-stop cross-border payment and settlement services and solutions. Choose GoAllPay to open a new chapter in your global payment!