PAYCLY is one of the best payment service providers in the Philippines (Republic of the Philippines / Republika ng Pilipinas {Filipino}). A payment service provider provides payment solutions for your online business, such as payment gateway, merchant account, invoicing solution, etc. A payment gateway is a technology that bridges your web's payment portal and merchant account. It enables payment transactions by transferring the payment details securely. On the other hand, a merchant account is the same as a bank account as it accepts, holds, and allows you to withdraw the fund to your regular bank account.
As of now, the Philippines' economy is 4th largest in Southeast Asia, and by 2050 it'll be Asia's 4th largest economy. The journey of rising from one region to the continent is not easy. But the Philippines is moving forward using the latest technologies in the evolution of a new online marketplace. At the beginning of 2019, when Covid-19 broke out, internet penetration was just 43%, but within 3 years, it witnessed a rise of nearly 60%, and now nearly 68% of Filipinos have internet access. The Philippines' government is determined to elevate digitalization in the nation. It has created a strategic framework, "E-Commerce Philippine 2022 Roadmap," that outlines the country's strategic plans, guidelines, and other support initiatives to maximize the benefits of e-commerce. According to the International Trade Administration, the ecommerce market in reach $12 billion in 2021 and is expected to rise by $24 billion by 2025.
The country's online market is growing as a result of government initiatives, record-breaking growth rates, and sharply increasing internet coverage. People nowadays choose online shopping because it has several benefits, including amazing deals, one-click ordering, free home delivery, and so on. Plus, online shopping saves a lot of time. Additionally, starting an online business is quite simple for entrepreneurs as they only need a website/app instead of a shop in a Mall. Along with a website or app, you must have a international merchant account and international payment gateway to take payments from local and international customers. In that case, you need the best payment gateway in the Philippines, and that is none other than PAYCLY.
Basically, payment gateways are classified into three types, and they are as follows:
We have simplified the steps involved in the operation of a payment gateway for ease of understanding.
Okay, let's discuss how you would consider a payment gateway best. By the size of a company, an extensive advertising and marketing team, pricing, or its services and assurance. Respondents' answers can differ; some may choose the name of a big company, some will answer pricing, and some will prefer safety & services. You all are correct, but not absolutely. Basically, none of them alone can help you. You need a balanced blend payment gateway that has all features with a reputable name, the lowest fee, the safest environment, and can offer you a customized service so that you can boost your revenue hundreds of times.
We are not blowing our trumpet, but we want to tell you what we are offering and what makes PAYCLY the best. PAYCLY is a reputed and the best FinTech in Southeast Asia. We offer you the lowest MDR rate in the country. And what makes us the safest payment gateway is known to everyone as we are PCI-DSS level-1 (highest level) certified and use futuristic state-of-the-art technologies, i.e., AI, and ML, to safeguard you from fraud. We customize our services according to your business requirements. Our powerful dashboard enables you to check real-time, daily, weekly, monthly, and yearly business reports. With all these facilities, we assure you of 24*7 customer support, timely payout, and no account frozen. We are proud to say that only We, PAYCLY, have numerous facilities that help increase your business revenue. Its finest tailored services and 100% assurance make PAYCLY the best payment gateway provider in Malaysia.
A payment gateway is a piece of software that securely communicates payment information between the parties involved by connecting your website's or app's payment portal to the acquiring bank. An account that accepts, holds, and withdraws money is called a merchant account. It is similar to a bank account. PAYCLY offers you every payment solution, including offshore payment gateways and high-risk merchant accounts.
We can undoubtedly state that PAYCLY provides each and every payment processing that your business might require. We provide payment gateways and high-risk merchant accounts for all kinds of businesses, and the following sectors are just a few examples of those where we have a lot of experience:
| Casino Merchant Account | Forex Merchant Account |
| E-Commerce Merchant Account | Fantasy Gaming Merchant Account |
| Escort Merchant Account | Adult Toys Merchant Account |
| IPTV Merchant Account | E-Cigarettes Merchant Account |
| Tobacco Merchant Account | SMM Panel Merchant Account |
| Tobacco Merchant Account | SMM Panel Merchant Account |
We are among the top global providers of financial services, and we were named the leading Acquirer Company in Southeast Asia. We are the most trustworthy payment service provider in the Philippines, Thailand, Singapore, Vietnam, Malaysia, Indonesia, Brunei, Burma (Myanmar), Cambodia, Timor-Leste, and Laos (PSP). No PSPs can compare to our superior services and the lowest MDR fee in the region.
