The company also offers its recently released PayTerminal, an app which allows customers to pay using their cards without interacting with a card machine especially for clients without in-house technical expertise. This cuts the time of the transaction for customers and merchants. “PayTerminal is like any other mobile app with an easy to use interface allowing merchants to download, sign up, and start collecting payments with few clicks,” says Danao. Through its diverse tools and apps, Magpie is participating in the digital transformation of the entire economy.

Currently, Magpie caters to the small and medium business market, as Danao believes that big companies already have it nailed. A testimony to Magpie’s efficiency in the field is a company collecting highway tolls. The company did not have a way to top up their customer’s highway account while they were on the highway; they had to go to a store and top up in exchange for cash. This created problems for customers who ran out of credit and could not exit the highway. With Magpie, the highway company was able to write their own software allowing their customers to top up at anytime in the middle of the road with an internet connection saving their customers from inconvenience. “The highlight of our technology is that it can end any payment problem by simply bringing the digital aspect to it,” says Danao.

The reception to Magpie’s seamless payment philosophy has been incredibly positive from merchants as well as banks. “We’ve had a lot of conversations with leading banks in the country to enhance their digital payment offerings.” Though operating in a space with extensive regulatory requirements Magpie has made a lot of headway in a short period of time. He explains that the company will add new capabilities to its existing portfolio by integrating with the emerging digital wallets like Coins.ph, a mobile wallet that also allows users to trade, buy and sell bitcoins as cryptocurrencies. The company will also allow merchants to accept various digital currencies enabling them to reach out to a wider market. He added, “Magpie is the Swiss Army knife for digital payments. It’s that simple, easy-to-use tool that solves many a company’s complex payment problems.”

From a geographical standpoint, Magpie plans to expand further into the surrounding areas of the southeast Asian market to lead the digital revolution away from cash on delivery payments.