Visa and Robinsons Malls Boost Contactless Payments in Philippines
MANILA – Visa recently announced that Robinsons, one of the largest chains of malls in the Philippines, is now accepting contactless payments at its department stores and supermarkets in the country.
There will be over 700 contactless terminals enabled across 16 locations in the Philippines, where Visa credit cardholders can make contactless payments.
This innovation offers Filipinos a faster and convenient way to pay for their purchases, where they can simply tap their cards on a payment terminal to complete a transaction. They will no longer need to dip, swipe or sign for payments underPhp2,000 pesos.
“Contactless payments in the Philippines are starting to take off and we have been working on expanding our contactless acceptance footprint in the Philippines. To date, we are seeing triple digit year-on-year growth in terms of contactless spend, and number of transactions in the country.
“With Robinsons coming on board as a key merchant partner, we believe more Filipinos will experience how fast, convenient and seamless contactless payments are,” said Dan Wolbert, Visa Country Manager for the Philippines & Guam.
Philippines and Guam Visa Country Manager Dan Wolbert and Robinsons President & CEO Robina Gokongwei-Pe launch the partnership between Visa and Robinsons. (Photo: Visa)
Contactless payments to boost digital economy
“We want our customers to experience a faster, more efficient and secure way to purchase using contactless payments. This partnership with Visa paves the way to a new shopping journey for all of our customers, revolutionizing the way we transact and pay.
“Moreover, this helps our cashiers to attend to more customers with contactless’ shorter transaction time and less waiting queues at checkouts,” said Celina Chua, group general manager of Robinsons Department Store and Toys R’ Us.
“Contactless is truly the future of payments as we, Filipinos veer towards becoming a digital cashless society,” she added.
“Contactless payments also help Filipinos to embrace paying with their payment cards for small ticket sized items. The average ticket size for contactless transactions is approximately Php1,700. By expanding contactless acceptance with more merchants, we are confident that more Filipinos will appreciate the benefits of contactless payments, which will help to accelerate the use of electronic payments in the country,” said Dan. (Visa)