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June 02, 2023

PayMongo exec amazed by wide reach of app

PayMongo chief technology officer Jaime Hing III shared a photo that shows how their company has grown.

On Facebook, the modern bankero uploaded a photo shared to him by a friend featuring a store that accepts payments via PayMongo.

He wrote: “A friend of mine sent me this photo. Abot na sa Binangonan, Rizal si PayMongo . Waw. Binangonan is almost 30-40 mins away from my house.”



Visa expects confidence in online payments to grow in the Philippines

Visa predicts that confidence in digital payments will continue to rise in the Philippines, citing convenience and benefits as key drivers, with 62% of respondents carrying less cash due to the availability of digital options and 30% believing the country will become cashless by 2025, according to the Visa Consumer Payments Attitude Study 2023.

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