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BDO Unibank, Inc. is the largest Philippine bank in terms of Assets, Deposits, and Loans and Receivables as of 2Q 2009. In recent years, BDO has been aggressively following an acquisition strategy to increase its customer base. One of its acquisition is Equitable Banking Corp., which owned the Equitable Card Network (ECN). ECN, at that time, was the largest credit card network in the country. Today, the BDO Credit Card group continues to lead the market in credit card processing and merchant acquisition.
Asiapay Payment Technology Corp., a leading electronic payment service, solution and technology house in Asia, provides a comprehensive suite of latest secure, scalable, function-rich real-time payment processing capabilities of credit card and debit cards. Asiapay complies to the PCI DSS security specification and supports full 3D-Secure transactions for Visa, Mastercard, and JCB through its MPI platform. 3D Secure is a global authenticated payment program and interoperable technology standard for secure payment, protecting merchants from chargeback losses and costs related to fraudulent or disputed online transactions.
PayPal is a global leader in online payments with 81 million registered users and a total payment volume of US$71 billion in 2009 - approximately 15% of global e-commerce and 16.5% of US e-commerce. As a Philippine PayPal Channel Partner, PayEasy now allows local online merchants to instantly add PayPal as a payment option to their shopping carts or online payment modules, when they open a PayEasy merchant account.
Dragonpay is an alternative online payment provider focusing on debit-based payments. By utilizing the Philippine bank network and non-traditional outlets like convenience stores, business centers, remittance centers and pawnshops, Dragonpay provides a greater reach to the potential Philippine consumer market. And because its debit-based, merchants are assured of no chargebacks.
Globe Telecom / G-Xchange Inc.
G-Xchange Inc. (GXI) is a wholly-owned mobile commerce subsidiary of Globe Telecom which operates and manages the popular Globe G-Cash mobile payment system. G-Cash is a mobile wallet that is tied to either a Globe Handyphone or a Touch Mobile (TM) GSM subscriber identification module (SIM). Mobile phone users can use Globe business centers or affiliate establishments to load their mobile wallet (fund-in) or to convert their mobile currency back to real cash (fund-out).
BancNet pioneered ATM networking in the Philippines in 1990 with eight banks. Today, BancNet is the largest ATM consortium in the country with 47 member banks and subscribers and 2 affiliate switch networks. Boasting over 8 million cardholders, it also enjoys the largest volume of transactions with the number increasing dramatically every year since its inception. BancNet has also interconnected with the two other major ATM networks in the country- first with Megalink in 1993, then with ExpressNet in 2006. Now, BancNet cardholders enjoy an even wider access to over 9,000 ATMs nationwide.
Note: Merchants are required to open an account directly with BancNet Online. PayEasy will only perform the integration. Separate setup fees apply with BancNet.
Unionbank The Port / MegaLink
The PORT is a Payment Online, Real Time Gateway operated by Unionbank. Through this facility, clients can pay their utility bills using their Megalink bank account, or shop for items on the Net 24 x 7. The Port is backed-up by Thawte Technology, a Verisign Company, the world's leading encryption technologies expert. The Secure Socket Layer (SSL) is the insdustry standard and among the best software available today for on-line commerce transactions.
UseMyBank (UMB) is a Canadian company that offers a real-time debit payment option to the existing payment processing market place. The company's technology allows clients to pay for goods and services directly over the Internet using their existing financial services provider. The UseMyBank enterprise was founded in 2002 by a senior management team with over 50 years of experience implementing financial services applications, solutions, and payment systems. UMB currently accept real-time bank debit payments from Australia, Austria, Belgium, Canada, China, Germany, Netherlands, Switzerland, and UK.
InPay is a Denmark-based company founded in 2007 whose vision is to become the preferred provider of real-time online bank payment solutions for internet retailers worldwide. It currently processes real-time bank payments from countries such as Australia, Denmark, Estonia, France, Finland, Germany, Ireland, Latvia, Lithuania, Norway, Poland, Sweden, United Kingdom and the United States.
iPay88 is the leading Internet Payment Switching Gateway in Malaysia operated by Mobile88.com Sdn Bhd. Through this e-payment solution, users of Alliance Online, Maybank, Bank Islam, Bumiputra Commerce, FPX, RHB Bank, Hong Leong Bank, PosPay, Public Bank and Mobile Money may make online purchases using their bank accounts.
Paysbuy is a Thailand-based online payment service founded in 2004. PAYSBUY has received Electronic Money License from Ministry of Finance and Electronic Payment Service Provider License from Ministry of ICT, under the supervision of Bank of Thailand. In addition, PAYSBUY has also earned the Trustmark from Ministry of Commerce. Supported banks include KasikornBank, The Siam Commercial Bank, Krung Thai Bank, Bank of Ayudhya, TMB Bank, Bangkok Bank and UOB Bank Thailand.