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Shopee users can now pay loans through ShopeePay

ShopeePay, Shopee’s integrated mobile wallet, now offers users an easier way to pay off their DragonLoans, Home Credit, SkyPay and Cashalo loans. Shopee aims to provide more convenient and rewarding payment options to its customers through the app, saving them the hassle of paying loans through OTC bank deposits and automated machines.

As more people embrace digital payments for convenience, a majority of Filipinos are expected to rely on online payment platforms. A survey conducted in December 2020 by global analytics software company FICO found that 56% of Filipino consumers prefer to use digital channels to interact with their bank in times of financial difficulty, while 12% use internet banking services. .

Martin Yu, Director at Shopee Philippines, said: “With more and more people switching to contactless payments, it is essential to adapt to changing needs and preferences. We recently launched our Scan & Donate initiative to support various charities. Now, we are proud to partner with DragonLoans, Home Credit, SkyPay and Cashalo to enable users to pay off their loans from the comfort of their own homes. Shopee will continue to anticipate user needs and aim to make payments as transparent as possible, both online and offline.

How to pay loan bills with ShopeePay (Cashback):

  1. On the Shopee home page, click on “Load and invoices”
  2. Tap the Loans icon and select Invoice (DragonLoans, Home Credit, SkyPay, Cashalo)
  3. Enter account details and claim a 25% cashback voucher. Click on “Continue”.
  4. Enter payment details and select ShopeePay as the payment option
  5. Click on “Pay Now”


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Justine T. Smith

The author Justine T. Smith

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