Business
PAYMONGO AND SKYRO MOVE TO CLOSE PH CREDIT GAP — BUT THE BIGGER SHIFT MAY ALREADY BE HAPPENING
MANILA, Philippines — Digital payments are surging across the Philippines, but access to formal credit remains a major hurdle for millions of Filipinos. Now, fintech companies PayMongo and Skyro are trying to close that gap by connecting Skyro-approved credit with PayMongo’s growing network of QR Ph merchants. The partnership allows eligible Skyro customers to use their approved credit at participating merchants on PayMongo’s network through QR Ph — without requiring businesses to install new
