Tech About PH

A unified merchant database and verifiable identity are key to helping Filipino MSMEs adopt digital platforms and grow in the digital economy, Oscar Enrico Reyes Jr., president and CEO of G-Xchange Inc., the mobile wallet operator of GCash, said in a panel discussion during the ASEAN Business Environment Forum.   Closing the digital gap would enable Filipino entrepreneurs to engage in cross-border transactions and access the ASEAN market. This means they can sell products and services to a wider audience, connect with regional partners, and participate in the regional supply chain.   As such, Filipino enterprises can better compete regionally and tap into new growth opportunities, beefing up their revenue streams in the long run.   However, many MSMEs find it challenging to join the digital space because of fragmented ecosystems for identification, preventing them from fully realizing their business venture's potential.   "In fact, it's so cumbersome to onboard a mer...

Singapore, 18 May 2026 –  2C2P by Antom, Southeast Asia’s leading full-suite payments platform, released the latest study conducted by market intelligence firm IDC, revealing that the Southeast Asia e-commerce market is on a strong upward trajectory and is projected to become the second fastest-growing e-commerce market in the world with a 13.2% compound annual growth rate (CAGR) from 2024 to 2029, behind only India.  Digital payments continue to dominate e-commerce growth, with Mobile Wallets and Local Payments seeing growing popularity for most of SEA The independent study commissioned by 2C2P and Antom, “How Southeast Asia Buys and Pays 2026: Unlocking SMEs’ Potential”, shows that SEA’s e-commerce market is projected to increase by 85.4% to hit US$289.8 billion by 2029.  Digital payments are projected to account for 97% of total e-commerce transactions by 2029, up from 89% in 2024. The strongest growth is expected in domestic payments (real-time payments and local ban...