Philippine digital gaming company DigiPlus Interactive Corp. has entered into a partnership agreement with multi-channel payment platform Bayad, providing payment services at over 800 physical locations nationwide for BingoPlus, ArenaPlus, and GameZone players. Through this collaboration, DigiPlus users can complete cash top-ups and deposits at Bayad Center national outlets and partner malls, supermarkets, and convenience stores. The partnership was officially signed on October 8 and took effect immediately, with plans to introduce withdrawal functions and Bayad App access services in the future to further enhance transaction convenience for players.
Background and Main Content of the Partnership
The Philippine digital gaming enterprise DigiPlus Interactive Corp. and leading payment platform Bayad have announced a partnership. This collaboration aims to provide DigiPlus platform players with more convenient physical payment channels, expanding the range of payment options for users.
According to the agreement, DigiPlus users will be able to complete cash top-ups and deposits through Bayad's extensive physical network nationwide, significantly enhancing transaction convenience.
Coverage and Access Points of the Payment Network
Bayad has over 800 own service centers nationwide and has established partnerships with numerous malls, supermarkets, and convenience stores. These physical outlets will provide face-to-face payment services for DigiPlus users.
The extensive physical network coverage ensures that users can conveniently find nearby payment points to carry out financial transactions, especially in areas with limited internet access.
Official Statements and Strategic Significance
DigiPlus Chairman Eusebio Tanco stated: "Our primary mission has always been to provide players with safe and reliable entertainment services. This partnership offers users a more secure and convenient transaction method, reflecting our commitment to protecting player interests and ensuring reliable services at all touchpoints."
This collaboration reflects DigiPlus's strategic direction to enhance user experience by partnering with traditional payment service providers to overcome the limitations of purely online payments.
Partnership Signing and Participants
The partnership agreement was officially signed on October 8, with senior management from both sides attending the signing ceremony. Representatives from DigiPlus included Chairman Eusebio Tanco and President of subsidiary AB Leisure Exponent Inc., Jasper Vicencio.
Bayad was represented by Chairman Ray Espinosa and President and CEO Lawrence Ferrer, demonstrating the high importance both sides place on this collaboration.
Service Features and Immediate Effectiveness
The partnership agreement took effect immediately after signing, with payment services launched nationwide simultaneously. Users can now perform cash top-ups and deposits at Bayad's physical outlets from this day forward.
This service covers all platforms under DigiPlus, including BingoPlus, ArenaPlus, and GameZone, providing a unified payment solution for players with different gaming preferences.
Future Development Plans and Expansion
In addition to the deposit services available from today, both parties plan to introduce withdrawal functions in future phases. This expansion will allow players to withdraw funds through the same channels, forming a complete financial circulation system.
Additionally, services accessed through the Bayad App are also in planning, which will further enhance the digital level and accessibility of the services.
Safety and Reliability Guarantees
As a well-known payment platform in the Philippines, Bayad has a comprehensive security system and risk control measures. Its physical outlet transaction method provides additional security for users, especially suitable for those with high security requirements for large transactions.
DigiPlus emphasizes that this collaboration will further enhance the security and reliability of transactions on its platforms, reducing the risks associated with purely online payments.
Market Impact and Industry Significance
This collaboration marks a further integration of the digital gaming industry with traditional payment services. By integrating online platforms with offline payment networks, DigiPlus has made significant progress in enhancing user experience.
For the industry, this cooperative model may become an example for other digital entertainment enterprises to follow, promoting the diversified development of payment methods across the industry.
User Benefits and Experience Enhancement
DigiPlus users will directly benefit from this collaboration, especially those who prefer using cash or require face-to-face services. The increase in physical payment points significantly lowers the transaction threshold for users.
The more convenient payment methods are expected to enhance user engagement and platform stickiness, bringing greater market share and competitive advantage to DigiPlus.
