In response to the increasing demand for seamless payment experiences among Filipinos, #Digido is excited to announce the integration of QR Ph. This development is a result of its strengthened collaboration with #Dragonpay, an online payment gateway.
This integration allows Digido clients to utilize a QR Ph code for cash loan repayments. Clients can swiftly settle their outstanding loans by scanning or uploading a static or reusable QR Ph code via a variety of e-wallets or banking apps. This promotes financial inclusion and open banking, guaranteeing smooth and hassle-free transactions in just minutes.
As per BSP Circular No. 1055, the Bangko Sentral ng Pilipinas mandates all participating payment service providers, including banks and non-bank electronic money issuers (EMIs), to adopt QR Ph, also known as the National QR Code Standard. This national standard has transformed the country’s fragmented QR-driven payment services into interoperable payment solutions, ensuring the safety, reliability, and efficiency of payment systems.
Rose Arreco, Digido’s business development manager, commented on the QR Ph integration, stating, “This initiative provides our clients with greater flexibility when using their cash loans and encourages positive loan repayment behavior. The growing trust and preference for digital channels, including lending, should be met with integrations like these to increase access to timely financing options.”
Dragonpay’s founder and CEO, Robertson Chiang, added, “With the integration of QR Ph, this partnership underscores Dragonpay’s commitment to expanding digital payment access, aligning seamlessly with Digido’s mission to ensure underserved Filipinos gain safe and inclusive entry into the nation’s digital financial ecosystem.”
Digido clients can refer to the Repayment section of the platform’s official website, as well as its official Facebook and Instagram pages, for step-by-step procedures on using QR Ph as a loan repayment option.
Digido offers a ‘First Loan For Free’ service, where first-time borrowers can avail up to PHP 4,000 with 0% interest, and a standard Personal Loan up to PHP 25,000 for repeat clients. Digido can be accessed through its official site digido.ph, its apps in Google Play and the iOS App Store, and Lazada Loans.
FAQs
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What is QR Ph?
- QR Ph is a National QR Code Standard adopted by all participating payment service providers, including banks and non-bank electronic money issuers (EMIs), as per BSP Circular No. 1055.
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How can I use QR Ph for loan repayments on Digido?
- Digido clients can use a QR Ph code for cash loan repayments by scanning or uploading a static or reusable QR Ph code via a variety of e-wallets or banking apps.
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What services does Digido offer?
- Digido offers a ‘First Loan For Free’ service, where first-time borrowers can avail up to PHP 4,000 with 0% interest, and a standard Personal Loan up to PHP 25,000 for repeat clients.
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How can I access Digido?
- Digido can be accessed through its official site digido.ph, its apps in Google Play and the iOS App Store, and Lazada Loans.