This partnership enables customers to pay for Salmon products through ECPay’s extensive network of over 490,000 over-the-counter and 3,000 digital payment touchpoints. Additionally, customers can utilize ECPay's network for repayments, enhancing convenience.
The agreement between Salmon and ECPay provides Salmon's customers with increased flexibility and convenience in managing financial obligations through ECPay’s payment network.
Representatives of Salmon expressed enthusiasm about the partnership, highlighting its significance in delivering seamless financial solutions to customers. They emphasized the importance of convenience in today’s fast-paced world and how the collaboration with ECPay extends accessibility for customers to manage their financial transactions efficiently.
In October 2023 Globe, a telecommunications company based in the Philippines, announced the sale of a 77% stake in electronic payment service provider ECPay to Mynt, the parent company of GCash.
The acquisition was anticipated to bolster GCash's fintech services and broaden financial accessibility. Globe officials emphasized that Mynt’s digital expertise will enhance ECPay's capabilities, leveraging its untapped potential. Furthermore, this strategic move positions GCash to differentiate itself amidst increasing competition in the mobile wallet market.
Globe initially acquired ECPay in 2019. ECPay serves as a leading provider of electronic customer purchase and payment systems in the Philippines, facilitating secure and timely payment services for retail outlets and partners for over 22 years. At the time, the company boasted a network of over 570 Biller and Portfolio partners, operating through more than 490,000 over-the-counter and 3,000 digital payment touchpoints nationwide.
ECPay’s operations are supported by a team of over 200 employees, dedicated to ensuring the consistent and timely delivery of ECPay services, products, and information to its clients.
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