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EveryTechEver > Blog > Lifestyle > ShopeePay empowers Filipinos to embrace digital payments
Lifestyle

ShopeePay empowers Filipinos to embrace digital payments

RV Cuarto
Last updated: February 18, 2024 5:46 PM
RV Cuarto
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Since its launch in 2019, ShopeePay, Shopee’s integrated mobile wallet, has been providing convenience, security, and rewards and it continues to introduce features that impact the lives of Filipinos. With the lifting of restrictions and individuals and businesses adjusting to the new normal, the preference for digital payments is here to stay. Recognizing this need and shift in consumer behavior, ShopeePay provides useful features such as ‘send money for free and the cheapest load up to 5GB for ₱10 this 4.4 ShopeePay Sale.

ShopeePay offers greater convenience and cost-saving rewards at the 4.4 ShopeePay Sale

From March 27 until April 6, consumers can look forward to even more rewarding perks at the 4.4 ShopeePay Sale such as zero transaction fees when sending money and the cheapest load offers. ShopeePay is also giving instant savings with exclusive free shipping vouchers and cashback promotions.

  • Send money for free

To make the payments experience more rewarding, ShopeePay users can send money for free. This feature allows users to send money from their ShopeePay wallet to any bank, e-wallet, or Shopee user with zero transfer fees.

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As an additional treat, new users can get up to free ₱200 when they fully verify their ShopeePay account and make their first transfer (at least P50)  to any bank, e-wallet, or Shopee user via ShopeePay from March 27 to April 4. Their transfer also qualifies them for the “Send, Scratch & Win” raffle promo where they can get a chance to win coins, and vouchers, and earn an entry for the raffle draw of ₱100,000 weekly. For more info, visit https://shopee.ph/m/shopeepay-send-money-for-free.

To send money for free from the ShopeePay Wallet to any bank, e-wallet, or Shopee user, the users’ ShopeePay account must be verified.

Click here to watch the video on how to send money.

  • Cheapest load offer

ShopeePay users can avail of affordable load and data packages from major telcos. Get ShopeePay’s cheapest load offer to get up to 5GB of data for only ₱10 at the 4.4. ShopeePay Sale.

On top of this offer, all users can enjoy up to 50% off on load at the 4.4 ShopeePay Sale. New users can also avail of ₱75 load for only ₱1 when they purchase for the first time via ShopeePay from March 27 to April 4.

Click here to watch the video on how to buy discounted load and data in just a few taps using the Shopee app.

ShopeePay also partnered with various brands to offer an alternative payment in stores. Through ShopeePay’s Scan To Pay feature, users can do the contactless payment via QR code and receive 20% cashback for products and services purchased at partner merchants such as Potato Corner, Papa John’s, Gong cha, Puregold, and more.  In addition, users can also get big savings when they visit “ShopeePay Near Me” on the Shopee app and purchase ₱1 Deals.

Starting March 27, users can also get up to 100% cashback on participating billers such as Meralco, Maynilad, Globe, Smart, PLDT, Cignal, RCBC, and Metrobank when they settle their bills with ShopeePay.

For more information on the 4.4 ShopeePay Sale and other attractive deals on Shopee, visit https://shopee.ph/m/4-4.

ShopeePay sets milestones in digital financial services

Shopee aims to give consumers a valuable and seamless digital experience. It continues to innovate and explore new opportunities to help more consumers and merchants benefit within the ecosystem through ShopeePay.

According to the Bangko Sentral ng Pilipinas (BSP), digital payments made up 20.1% of all transactions in 2020—one in five payments or a total of 910 million transactions were done online1. This gives a better understanding of Filipinos’ growing acceptance of digital payments, accelerated by the pandemic.

Martin Yu, Director at Shopee Philippines, said, “Consumer lifestyles have become more digital-first; with a preference to meet their needs online not just for shopping but also for other financial transactions such as sending money, buying load, paying bills, and more. Consumers have a wide range of payment needs and ShopeePay’s features aim to cater to a variety of different habits and preferences. With ShopeePay, we aim to continue helping more Filipinos access the benefits of digital payments and fulfill our mission to better the lives of individuals and businesses with financial services through technology.”

Since its launch, ShopeePay has continued to support more consumers and merchants in their digital payment needs.

  • 95% increase in ShopeePay adoption in Visayas and Mindanao
  • 93% increase in overall transactions
  • 165% increase in load orders
  • 104% increase in ‘send money transactions
  • 550% increase in bills payment
  • More than 1 million foot traffic created for merchants with ShopeePay Near Me
digital payments

“We are heartened by the confidence and trust consumers and merchants have placed in ShopeePay. We will continue to improve and innovate so we can meet their evolving needs,” adds Yu.

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ByRV Cuarto
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RV Cuarto is the founder and editor-in-chief of EveryTechEver, a startup team of writers and researchers. He started in tech journalism in the early days of 2012 as the founder of the successful tech site Nokia Revolution. His belt of experience spans across the industry, from consumer electronics, data operations, and cloud computing, with several brands including Dell, Nokia, Realme, and Huawei. He is also an HIV advocate and a public speaker. He spends his free time singing, playing mobile games, and experimenting with new recipes in his kitchen. Follow him on Tiktok.
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