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PAGCOR accredits PayCools as a payment gateway service provider

Licences & markets1 min read

PayCools says it received accreditation from the Philippine Amusement and Gaming Corp as a payment gateway and payment channel support service provider. The company plans to pursue payment-service clients among licensed electronic casino, sports betting, bingo and online poker businesses. PAGCOR’s accredited-provider list included PayCools as of 29 October.

PayCools has received accreditation from the Philippine Amusement and Gaming Corp for payment gateway and channel support, the company said. The firm appeared on the regulator’s accredited support-provider list as of October 29.

PayCools said it would seek clients among regulated electronic casino, sports betting, traditional and electronic bingo, and online poker businesses. Yong Dan, chief executive and president of PayCools, said the company would help eligible gaming businesses establish payment collection arrangements and manage payments.

Earlier licence decisions by PAGCOR

DateCompanyAmountStoryAppeal status
International Entertainment Corporation, New Coast LeisurePHP 50,000,000IEC plans to launch its self-run LaVie online casino platform in the PhilippinesNot stated
PAGCOR, Development Bank of the Philippines Data CenterNot statedPAGCOR targets December launch for app verifying licensed gambling sitesNot stated
PAGCOR, Development Bank of the Philippines Data CenterNot statedPAGCOR targets December 2026 launch of app against illegal online gamblingNot stated
InterblockNot statedInterblock reports PAGCOR product approval ahead of planned Manila launchNot stated
Kaban Hotel and Casino BoracayNot statedKaban Hotel and Casino Boracay plans 16 September opening in PhilippinesNot stated

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