PayerMax Expands POS Payment Network in Southeast Asia
PayerMax strengthens its POS payment network in Southeast Asia with a new Philippines license, boosting secure and efficient transactions.
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PayerMax Expands POS Payment Network in Southeast Asia with Philippines License
Global online payment company PayerMax has secured a Payment System Operator (OPS) license from the Central Bank of the Philippines, further strengthening its POS payment network in Southeast Asia. This approval allows PayerMax to expand its local payment services, offering businesses secure and efficient POS transactions.
Enhancing POS Solutions for E-Commerce & Gaming
With the new license, PayerMax can deepen partnerships in key sectors like e-commerce, mobile gaming, and online streaming. The company has already collaborated with major local payment providers, including GCash and PAYMAYA, to streamline POS and digital payments.
Why This Matters for Businesses Using POS Systems
The Philippines’ e-commerce market grew by 132% in 2021, yet many consumers still rely on cash-on-delivery (COD), leading to high failure rates. PayerMax’s POS-friendly payment solutions, including e-wallets, bank transfers, and operator billing, provide a faster, safer alternative.
Building a Global, Compliant POS Payment Network
PayerMax emphasizes local compliance and security, holding PCI-DSS certification and operating in 50+ countries. Its expansion supports POS-integrated transactions, helping businesses accept multiple payment methods seamlessly.
Future Plans: More POS & Cross-Border Payment Innovations
PayerMax continues to grow its POS and digital payment network, with recent licenses in Thailand and UAE. The company aims to enhance POS payment efficiency for global merchants, ensuring smooth cross-border transactions.
By combining POS solutions with local payment expertise, PayerMax is empowering businesses to thrive in emerging markets.
