Paymongo rides lockdown demand to grow transaction 4 times

ABS-CBN News

<figure class='op-interactive'><iframe height='315' src='https://www.youtube.com/embed/soeced38ogQ?enablejsapi=1' width='560'></iframe></figure><div class='iwantbar'>Watch more in <a href='//www.iwantv.com.ph/'>iWantv</a> or <a href='//tfc.tv/'>TFC.tv</a></div><p>MANILA - Payment platform Paymongo said Thursday new transactions grew 4 times during the COVID-19 lockdown period, showing how the pandemic is disrupting people's routines.</p><p>Businesses are seeking solutions to continue serving consumers despite the lockdown and are using the Paymongo platform for online payments, its co-founder and CEO Francis Plaza told ANC. </p><p>Paymongo has over 9,000 businesses on-board and is seeing more sign-ups from pop-up stores, to telemedicine apps, he said.</p><p>"One of the big realizations we had is that the pandemic has altered our lives in ways big and small around the world," Plaza said. </p><p>"This pandemic disrupted the routine that everyone is now charged to experiment in new ways and new things. This pandemic has given us a viable petri dish for cultivating new innovations," he added.</p><p>Plaza said the platform also raised funds for COVID-19 relief.</p><p>Businesses, except essential services, were ordered shut during the enhance community quarantine until April 30. </p>

<p>Paymongo has over 9,000 businesses on-board and is seeing more sign-ups from pop-up stores, to telemedicine apps, he said.</p><p>"One of the big realizations we had is that the pandemic has altered our lives in ways big and small around the world," Plaza said. </p><p>"This pandemic disrupted the routine that everyone is now charged to experiment in new ways and new things. This pandemic has given us a viable petri dish for cultivating new innovations," he added.</p><p>Plaza said the platform also raised funds for COVID-19 relief.</p><p>Businesses, except essential services, were ordered shut during the enhance community quarantine until April 30. </p>

<p>MANILA - Payment platform Paymongo said Thursday new transactions grew 4 times during the COVID-19 lockdown period, showing how the pandemic is disrupting people's routines.</p><p>Businesses are seeking solutions to continue serving consumers despite the lockdown and are using the Paymongo platform for online payments, its co-founder and CEO Francis Plaza told ANC. </p>

<figure class='op-interactive'><iframe height='315' src='https://www.youtube.com/embed/soeced38ogQ?enablejsapi=1' width='560'></iframe></figure><div class='iwantbar'>Watch more in <a href='//www.iwantv.com.ph/'>iWantv</a> or <a href='//tfc.tv/'>TFC.tv</a></div>

<p>Businesses are seeking solutions to continue serving consumers despite the lockdown and are using the Paymongo platform for online payments, its co-founder and CEO Francis Plaza told ANC. <br /> </p>

Businesses are seeking solutions to continue serving consumers despite the lockdown and are using the Paymongo platform for online payments, its co-founder and CEO Francis Plaza told ANC.

Paymongo rides lockdown demand to grow transaction 4 times | ABS-CBN News

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Paymongo rides lockdown demand to grow transaction 4 times

Paymongo rides lockdown demand to grow transaction 4 times