VeritasPay eyes 40% merchant growth amid nationwide expansion
Payment solutions provider VeritasPay Philippines Inc. is targeting a 30–40 percent increase in its merchant base this year, alongside a 45-percent rise in processed transaction volume, supported by continued investments in internal capabilities and strategic partnerships. From an initial focus on Metro Manila and the broader Mega Manila area in 2021, the company has since expanded its reach to serve merchants across Luzon, Visayas, and Mindanao, reflecting the growing demand for accessible and reliable digital payment infrastructure beyond urban centers. Today, VeritasPay supports a growing base of merchants nationwide, offering businesses a unified platform to accept multiple payment methods, including credit and debit cards, QR code payments, and other digital channels. VeritasPay enables merchants to accept payments across various touchpoints—from physical point-of-sale (POS) terminals and mobile devices to online checkout pages and banking channels—through a single pro...