Dragonpay Corporation unveiled SureTayo, a person-to-person payment service that provides a more secure and convenient way to do online shopping. The payment solution is ideal for those who don’t have access to a bigger e-commerce platform, selling their wares on social media such as Facebook or Instagram. It also gives online buyers piece of mind when dealing with such sellers.
I have to admit that somehow, despite the good bargains I find on Facebook and Instagram sellers, I don’t transact with them. I’d rather buy items from established e-commerce websites such as Lazada, Zalora, and my latest discovery, WeSellIT. That’s because I’m worried that I may not received the item I already paid for.
It happened to me back in 2007 when I purchased a Holga Lomo Camera on eBay. Yes, even before e-commerce boomed in the country, I’ve been doing online shopping already. I was fooled by the good rating that the seller has on his profile that I purchased the item for about Php3,000.
I waited for the item to arrive. And when I didn’t receive anything after expected turn-around-time, I texted the seller to follow up. It was then that I realized I was a victim of fraud. I can no longer contact the seller, and then people started leaving feedback on the seller’s eBay profile. Fortunately, that was the only incident that I experienced from a fraud seller despite continuing to do shopping on eBay and other sites.
Fraud sellers exists in the Philippines and that’s why it’s understandable that Filipinos are still skeptical about online shopping. This is why “Cash-on-Delivery” is payment option available amongst e-commerce sites. But what if you’re not one of those big business who can setup their own online shop or be one of the merchants of big e-commerce companies?
That was my dilemma too when I started out my online business. And because most buyers prefer to receive the items first before making a payment, there were times when I had to meet them at a certain location. And for those willing to pay first, the payment options I offer is also very limited to bank deposit to a particular bank or via Paypal. That can become a hassle to buyers if they don’t have an account with my bank, or don’t have a Paypal account. I’m also at a loss because oftentimes, I’d shoulder the transaction fees incurred on Paypal.
Now, all those issues will be a thing of the past as Dragonpay Corporation has come up SureTayo. It’s another innovative solution that makes paying and receiving payments between individuals who do not know (or trust) each other safe and convenient. SureTayo is a person-to-person payment service. It performs the role of a trusted third party who will hold on to funds until both the buyer and seller are satisfied with their transaction.
How SureTayo Works
An online merchant can sign up as a seller at www.suretayo.ph and after verifying their account, they will receive access to their online dashboard that allows them to issue an invoice to an interested customer.
Once a buyer receives the invoice, she can click the link and select her preferred payment method – and because SureTayo is powered by Dragonpay, the buyer now have access to over 15,000 physical partner locations, online banking and mobile payment channels.
After payment has been made, SureTayo will safeguard the money while notifying the seller, who can now deliver the item. Once the item has been received by the buyer, he or she can notify SureTayo, who will now release the payment to the buyer. This simple and secure process leads to TLC for both buyers and sellers – Transaksyong Legit at Convenient!
“SureTayo was created to address the concerns of online buyers and sellers in the Philippine setting. A lot of shoppers here don’t have credit cards or even bank accounts, so how do you get them to shop online? How do you ease their worries that their money might go to a fraudulent seller? And for online retailers, how do you gain the trust of buyers? How do you make payment more convenient for potential customers?” said Robertson “Dick” Chiang, the founder and chief operating officer of Dragonpay.
“SureTayo offers the answer to these questions as it allows sellers to offer all these payment channels to their buyers while at the same time, acting like a third party for transactions to ensure that money is only released once the buyer and seller are happy with the transaction,” shared Mr. Chiang.
For buyers, they have peace of mind knowing that their money is secure until they get that much awaited shipment. They will not have to worry that their money might be going into the hands of a bogus online seller. Plus, paying for an item is much more convenient as they can settle payments through over 15,000 physical partner locations, online banking and mobile payments, remittance centers, groceries and so much more.
For sellers, transactions are also made more secure as they will be paid on time after shipping products to their customers. Customer trust and confidence will also rise for the seller as SureTayo gives them access to major industry players and commercial banks as payment channels. Along with credibility, these payment channels make their business more accessible and transactions more convenient.
SureTayo’s simple dashboard also allows sellers to track orders and payments, helping to streamline their operations. And to top it all off, for a limited time, registration for SureTayo is completely free!
Fantastic Sign Up Offer
Aside from free registration, SureTayo is also offering online sellers an irresistible deal with the SureTayo Summer Getaway Promo, created in partnership with GetGo, Cebu Pacific’s Lifestyle Rewards Program.
At the SureTayo Summer Getaway Promo, each seller who signs up from April 25, 2018 – June 25, 2018 will get the chance to win 25,000 GetGo points. One lucky winner will get the chance to enjoy rewards like trips to local destinations like Cebu, Davao and Puerto Princesa. For the full promo mechanics, please visit the SureTayo Facebook page at www.facebook.com/SureTayoPH. Raffle winner will be drawn on June 26, 2018.
With SureTayo, buying and selling online is now safer and more convenient. Buyers won’t have to worry about fraud sellers. And on the other side of the coin, sellers won’t lost a customer just because they can’t offer the payment option that buyers have access to. For more information about this alternative payment solution by Dragonpay, visit www.suretayo.ph.