Allied Wallet Lends a Helping Hand to Philippine E-Commerce

Allied Wallet is a company that provides online payment processing services to businesses around the globe. Allied Wallet has and will continue to contribute to the revolutionizing the e-commerce industry with the introduction of more new and innovative payment processing solutions so that online merchants may be enabled to receive and send payments anywhere in the world.

Allied Wallet provides its PCI compliant merchant services to businesses of every size. Further, Allied Wallet’s payment gateway are state-of-the-art and designed to optimize online transactions. Moreover, Allied is the most reliable plattform for online payment processing services that are compatible with the vast majority of online payment options, if not all. In sum, Allied Wallet facilitates online transactions by further connecting online buyers and sellers, with the result that more options are made available for online businesses to complete their transactions with buyers.

Recently, Allied Wallet helped to bring the Philippines to a greater extent into the age of digital payments. This, by providing the country with new integrated alternative payment methods. The Philippines is a country with a population of more than 105 million and relatively low rates of e-commerce adoption. Even though the e-commerce adoption rates were low, Philippine e-commerce had, in 2018, a market revenue of roughly €742 million. Further, the country’s projected annual growth rate in terms of market volume is expected to be approximately €1168 million by the year of 2022. Moreover, the Philippines is in greater need of alternative payment options for their e-commerce community given the fact that only 3% of the country’s population has a credit card. As such, the Philippines has a huge upside in terms of e-commerce growth.

According to Allied Wallet’s chief executive officer, Mr. Andy Khawaja, “Internet usage has grown more than 500% in the Philippines since 2011. This is the fastest rate in southeast Asia, and we want to support this growth.” Allied Wallet supports this growth by being compatible with Dragonpay, BancNet, and PayCash, some of the cash-based solutions used by the Filipino population to pay for online goods/services and by facilitating the Filipino population’s online purchases through connectivity with online merchants.

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