Dragonpay will disburse your earnings to the bank account that you provided upon registration. Kindly make sure that the bank account is under the business owner’s name or the registered business name. We don’t allow any other bank accounts except these.
Yes. You will receive an email notification every time there is a successful payment made by your customer. You will also be notified through your Admin Portal.
The payout is on a weekly schedule. Collections are settled weekly. We have a cut-off of Friday midnight. The payments for all successfully completed transactions, less the transaction fees, from Saturday to Friday of the previous week will be transferred to your declared bank account every Wednesdays of the succeeding week. Please be reminded that you will need to complete all the requirements first before you can be entitled to your weekly payout or the settlement of your weekly earnings.
You can see the status of your transactions on the Admin Platform that Dragonpay will give you in order to trace the transactions that are included in a given weekly payout.
No. There is no need to make a request because your payments will be processed weekly and you will automatically receive your earnings every Wednesday of the week.
Dragonpay Lite makes available 8 payment channels including Dragonpay Credits, BDO Online Banking, BDO Over-the-Counter Cash Deposit, BDO ATM Payments, Coins.ph, Gcash, BPI Banko and Paypal which do not need any manual validation as everything is automatic. You can also enable all the payment channels which are available through the Standard Payment Collection service of Dragonpay which includes online banking, bank deposits and through several over-the-counter payment centers with over 20,000 branch networks all over the country by applying for a Standard Account by clicking the Upgrade button on your Merchant Dashboard
Yes. The maximum amount allowed for each transaction is Php 10,000 (per transaction limit). The maximum amount allowed for total transaction per day is Php 100,000 (daily transaction limit).
Yes. A refund can be requested and processed through our online refund system. You may click here to know more about the Refund process : https://www.dragonpay.ph/refund.
DRAGONPAY LITE AND MERCHANT CONCERNS
Dragonpay Lite is a humble version of the Dragonpay Standard Collection system. This system allows e-commerce merchants/sellers to do online payment collection through Dragonpay as their payment gateway. Registration and integration are all FREE! The available payment channels that will be activated are Dragonpay Credits, BDO Online Banking, BDO Over-the-Counter Cash Deposit, BDO ATM Payments, Coins.ph, Gcash, BPI Banko and Paypal. Application is all done online so it is not just cost-free but hassle free at the same time.
Yes. Upon registration, we will ask you to submit a copy of your business registration, business permits and other supporting documents for approval. We would also need your bank account details and proof of account where you would like your earnings to be transferred.
You may register here : https://dplite.dragonpay.ph/User/register.php and complete the form with your details. After completing the online registration, you will have to wait for 1-2 business days for an email regarding the integration steps and further instructions on how to set up your Dragonpay Account.
The registration fee is FREE and transaction fee is a flat rate of Php20 for all channels except Paypal and GCash. You may check our fees comparison for Lite and Standard Account here : Lite vs Standard
Dragonpay Lite is an online payment gateway which enables your customers to pay conveniently using 8 channels : Dragonpay Credits, BDO Online Banking, BDO Over-the-Counter Cash Deposit, BDO ATM Payments, Coins.ph, Gcash, BPI Banko and Paypal which do not need any manual validation as everything is automatic. All they have to do is shop and pay. All payments will also be automatically transferred to the bank account that you provide and will be settled weekly. Settlement will only be allowed for those who have completed the business document requirements.
Dragonpay Lite is the easiest way to get your online business rolling. It’s FREE and application is all done online. You may already get your payment collection system in the easiest way possible without the need to go through the hassle of paying so much and exhausting yourself with the application process. Dragonpay is also a well-known and trusted brand for online and alternative payments so your clients will be secure in paying for your products.
You are free to sell any products online as long as they do not fall under narcotics; unauthorized gaming; objectionable sexual materials such as child pornography; products infringing on any third party's copyright, patent, trademark, trade secret or other property rights or rights of publicity or privacy; or any other products or services prohibited by law.
Dragonpay only answers concerns regarding Customer payments (validation, disbursements and refunds) and not for product or service related inquiries. Online merchants need to communicate directly with their customers with regards to these types of inquiries.
The bank account that you need to provide is where Dragonpay will disburse the payments received from your Customers who opt to buy your products using our payment gateway. The payout will be on a weekly schedule. Since registration is all done online, we need an image of your ATM card or passbook to verify the legitimacy of your account and to make sure that every Merchant that signs up with Dragonpay Lite is legitimate. This is for the safety of both the buyers and the sellers and to protect everyone from frauds and scams that could happen with online transactions. We make sure that all information provided are handled with utmost confidentiality
The required documents and information that you need to submit are the
(1) Your DTI or SEC papers with Articles of Incorporation & By Laws,
(2) BIR Certificate of Registration,
(3) Latest business permits (mayor's permit, BIR, etc.),
(4) Any utility billing showing your registered address,
(5) Scanned copy of passbook showing the account name and account number of the settlement account, and
(6) Scanned copy of government ID/passport of signatory. You may move forward to submitting at least one of these in order to proceed with the activation of your Payment Gateway. However, you will need to complete all the requirements within 3 months or before you can be entitled to your weekly payout or the settlement of your weekly earnings.
Auto-fill the details on your Generic Biller Platform by following the steps on this link : How to use dragonpay generic biller
You can follow the instructions found here : How to set up Paypal Channel
INTEGRATION PROCESS AND ADMIN PLATFORM
ABOUT USDragonpay Corporation is a progressive, alternative online payment provider based in the Philippines.
Address2/F WRCC II Bldg., 47 Dragon Street corner Gil Fernando Avenue, Brgy. San Roque, Marikina City 1801, Marikina, 1801 Metro Manila