Starpay Corporation signed a strategic partnership agreement with digital payment solutions provider Pays0. The agreement will enable Pays0 to leverage Starpay’s payments infrastructure to accept payment seamlessly and digitally from major banks and e-wallets through the QRPH standard.
“We are excited to be enhancing the convenience and security of transactions for both merchants and consumers,” shared Penny Jing, CEO and founder of Pays0. “Partnering with Starpay allows us to elevate our service offerings and deliver a superior payment experience to our clients and their customers. By combining our strengths, we are committed to serving the Philippine market better and paving the way for a more cashless and efficient economy.”
Representatives of both parties shared that the adoption and push for QRPH has been key to the adoption of digital payments in the Philippines, with the Bangko Sentral ng Pilipinas most recently announcing that it has exceeded the target of digitalizing 50% of retail payments volume by 2023.
“We are thrilled to collaborate with Pays0 to bring dynamic payment solutions to the market,” said Ryan Uy, Growth and Marketing Head at Starpay Corporation. “Getting to leverage on Pays0’s strong technology stack aligns with our mission to drive financial inclusion and provide accessible, affordable, and appropriate digital payment solutions for businesses of all sizes.”
The Instapay QRPH P2M service is designed to support the growing demand for contactless payments, offering a secure and reliable solution that meets the needs of today’s consumers. This partnership will empower merchants to receive payments from participating QRPH-enabled banks and institutions through their customers, ultimately driving business growth and economic development.
