Philippine online gambling giant DigiPlus, under the central bank's payment restrictions, quickly responded to challenges through bank collaborations and its own payment system, showing resilience despite short-term performance setbacks. The company continues to optimize its payment ecosystem and integrate online and offline services to enhance stability.
Regulatory Policy Impact
The Philippine central bank's requirement for gambling platforms to detach from e-wallets has directly impacted DigiPlus's operations, cutting off major recharge channels and causing a temporary decline in transaction volume and user activity.
Payment System Transformation
To address the ban, DigiPlus accelerated collaborations with multiple banks, expanded direct connection systems, and upgraded its own payment gateway, reducing dependence on third-party wallets and enhancing security and autonomy.
Performance Changes and Recovery
Net profits plummeted nearly 60% in the third quarter, but growth was still achieved in the first nine months. The company stabilized the situation through rapid adjustments, expanding its offline stores to 139, supporting the integration of digital and physical networks.
Future Development Direction
DigiPlus plans to deepen system autonomy and local bank cooperation to ensure business stability under policy pressure, committed to providing a safer and smoother user experience.
