eTap positive on outlook after remarkable growth and success in 2023


eTap experienced a 101 percent increase in revenue, showcasing its robust market presence and effective business strategies, demonstrating eTap’s commitment to operational excellence and financial strength as well as reflecting eTap’s resilience and adaptability in a dynamic business environment.

eTap machines at the company's warehouse.

Electronic Transfer & Advance Processing, Inc. (eTap), the country’s leading self-service payment Kiosk provider, has achieved remarkable growth the previous year, surpassing industry expectations and setting new benchmarks in various key areas. eTap, a Filipino-owned company proudly relies on Filipino-developed technology created entirely by its in-house team.

eTap CEO Percy Hernandez said the company experienced a 101 percent increase in revenue, showcasing its robust market presence and effective business strategies, demonstrating eTap’s commitment to operational excellence and financial strength as well as reflecting eTap’s resilience and adaptability in a dynamic business environment.

Hernandez expressed optimism about the company’s trajectory: “Our commitment to innovation is unwavering, and we are excited about the possibilities that lie ahead this year. As we continue developing cutting-edge technologies, we anticipate further growth in revenue, market share, and overall impact. The innovations are poised to revolutionize how businesses and consumers engage with electronic payment solutions.”

eTap COO Marion Portugal meanwhile added, “Innovation is at the core of eTap’s success. Our dedicated research and development team remains focused on creating innovative solutions that not only meet but exceed our clients’ expectations and set new standards in the fintech industry.”

Portugal said eTap has partnered with key players in various sectors such as Globe Telecom, GCash, Maya, BT Payments, ECPay, Cebuana Lhuillier, Easytrip, Autosweep, PrimeWater, Paynamics, beep and Tipko to deliver integrated and comprehensive electronic payment solutions. These strategic partnerships are instrumental in expanding eTap’s ecosystem and providing a seamless experience for users across diverse industries.

In addition to its expansive online presence, eTap has strategically positioned its user-friendly kiosks in high-traffic locations, including malls nationwide. Users can conveniently access eTap’s electronic payment services at various kiosks located in prominent malls such as Lots for Less, City Mall, Novo, Primark, Home Along, IMART, Budgetwise, and JS Gaisano, among others.

eTap offers users a comprehensive platform for various financial transactions, including eMoney services (GCash, Maya, Shopee Pay, and Diskartech), banking (BPI and AUB), loans (Home Credit and AEON Credit Service), mobile and internet (Globe, Smart, Sun Cellular, PLDT, DITO Telecom, and Converge), gaming (Genshin Impact and Mobile Legends), and rider services (Grab and Dragonpay).

For more information about eTap, please visit www.etapmo.com.

This press release has also been published on VRITIMES