The Filipino E trade industry is ready for another year with significant growth, with the platform delivery sector in the management. According to Statista, this sector is expected to generate $ 1.28 billion in revenue in 2025. In an article published by Philippines Graphic, Foodpanda Philippine’s CEO, Daniel Jaramillo, confirms this trend, favorable“We have seen from first and foremost the growing demand for convenience and durability among consumers. So it is important that we continue to innovate and adapt, which ensures that we meet the needs of our stakeholders when we achieve growth. ”
As food and food deliveries increase, the role of riders in logistics and e -commerce ecosystems is more crucial than ever. It’s here ETAP solutions comes into the game. With over 4,000 self -service kiosks across the country, ETAP has become crucial to providing financial access to delivery riders who rely on seamless and rapid transactions.
ETAP Solutions, a wholly owned Electronic Transfer & Advance Processing, Inc. subsidiary, has expanded their payment kiosks to support riders from platforms such as Shopee Xpress, Grab (Nasdaq: Grab) and food panda. These riders depend on digital payments For top-ups, TransfersAnd Bill payments, which makes ETAP’s services a gaming exchange for their daily financial needs.
“Rider Remittance has emerged as one of our machines’ most popular features and serves couriers from leading logistics and food delivery platforms,” says ETAP Solutions President and CEO Carlo Hernandez. “That is why we are committed to developing safe, practical and available solutions that allow them to function effectively.”
For many riders, time is money. Managing cash, waiting in long lines or traveling far for financial transactions can interfere with their work schedules and revenue. ETAP’s strategically located kiosks in supermarkets, pharmacies and convenience stores allow riders to hand over their daily revenue comfortably, which saves time and effort.
Pancho Alberto Dizon, Head of Communications at ETAP, says: “At the right time is super crucial for riders, and this is where we come in. Our kiosks are in places where a rider is of course – group stores, pharmacies, bakeshops. Imagine a rider who needs to buy medicine for his family; They can hand over their revenues in the same place without the hassle of long lines or separate trips. “
When digital payments become the backbone of logistics and e-commerce, the integration of new techniques like blockchain gets attention. Blockchainwith its promise of improved security, openness and efficiency presents a persuasive case for Suppliers of Financial Services as etap.
Hernandez recognizes Blockchain’s potential saying: “At ETAP solutions we monitor close developing technology, and Blockchain is undoubtedly one of the most important development in the payment industry. What fascinates me about blockchain is its dual advantage: first use of encryption and decentralization to provide a very secure transaction item; And secondly, its efficiency – some blockchains can process and complete transactions within minutes. “
Security is still a top concern in FintechAnd blockchain’s unchanging general ledger can provide an extra layer of fraud prevention. As Hernandez prepares, “Blockchain’s encryption and decentralization reduce the risks such as fraud and unauthorized transactions. In addition, transparency ensures in a distributed general ledger that each transaction is verifiable, which can help build trust among users. This is important, especially when you have a wide network like ETAPs, with over 4,000 kiosks in Luzon, Visayas and Mindanao. “
Despite its potential, Regulatory frames are still a challenge.
“Like all new technologies, blockchain must be carefully studied before adoption. The primary challenge will ensure that the regulatory orientation – local financial authorities still defines the framework for Blockchain applications. Collaboration with supervisory authorities and other financial players will be crucial to deciding how blockchain can fit into ETAP’s long -term strategy, Hernandez explains.
In addition to blockchain, ETAP includes other new technologies to improve their services. The company has invested in Artificial intelligence (AI), automation and business intelligence tools to improve operations. Dizon parts such as ETAP recently implemented Amazon Quicksight, a cloud -scale business information service, to analyze transaction patterns and user behavior in real time.
“Everyone in the company had to undergo training, from marketing to copywriting, to ensure that we are all data driven.”
In addition, ETAP maintains a close relationship with its rider. The company runs an exclusive Facebook group with over 3,500 members and serves as a dedicated space for commitment, help and feedback collection.
“We conduct regular riders studies to understand their pain points and constantly improve our services. Sometimes it is a simple Google form, but we also host personal discussions to gain direct insight from our users, ”Dizon said.
In the future, ETAP aims to scale its network further and is aimed at another 2,000 kiosks per year while exploring new techniques.
“We keep an eye on blockchain, AI, machine learning and Tingen’s internet. Our priority is to UP to make our team so that we can integrate these technologies in a responsible way, ”added diet.
The Philippines quickly turn into a cashless economy. A recent visa (Nasdaq: v) Report the highlights 55% of Philippines now use cashless payments. With the emergence of e-wallets And digital financial solutions, platforms such as ETAP will continue to play an important role in running economic inclusion, especially among the country’s growing riders.
“Filipinor includes cashless payments, but e-wallet stops are still crucial. That is why we are focused on making our kiosks as accessible as possible and meeting users where they are already, ”” pointed out diets.
As delivery services continue to drive the growth of e-commerce in the Philippines, providers of financial services such as ETAP must renew themselves to keep up with the developing requirements for digital payments. Through Blockchain, AI and a strong commitment to data-driven solutions, ETAP is to position themselves at the forefront of fintech-Innovation-which ensures that riders, merchants and consumers benefit from a more efficient and secure digital economy.
See: New Age of Payment Solutions
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