At VeritasPay, growth is intentional. Across both face-to-face (F2F) and online payment solutions (OPS), we continue to scale rapidly, without compromising quality, control, or trust.
By combining smart merchant onboarding, strategic portfolio expansion, and disciplined risk management, VeritasPay has proven that sustainable growth and operational excellence can move forward together. Every merchant is onboarded with success in mind, and as volumes rise, dispute levels remain well-controlled, reinforcing confidence in our platform as we scale.
Strong Growth in Transaction Volume
VeritasPay’s ability to support increasing transaction flows is reflected in our Processed Total Transaction Volume:
- 2023: ₱1.18B
- 2024: ₱1.67B (+41.4% YoY)
- 2025: ₱2.67B (+59.9% YoY)
This consistent acceleration highlights our platform’s readiness to handle scale while maintaining operational rigor.
Strong Momentum in Merchant Onboarding
Merchant acquisition continues to gain momentum, especially in 2025.
F2F Onboarded Merchants
- 2023 → 2024: +10.78% YoY
- 2024 → 2025: +32.51% YoY
- +46.8% growth from 2023–2025, driven by stronger field execution and growing merchant confidence.
OPS Onboarded Merchants
- 2023 → 2024: +4.88% YoY
- 2024 → 2025: +61.63% YoY
- +69.5% growth overall, with 2025 emerging as a breakout year fueled by accelerating digital adoption.
Expanding the Merchant Portfolio at Scale
Beyond onboarding, VeritasPay’s total merchant base continues to expand—showcasing strong retention alongside new acquisitions.
F2F Total Merchant Count
- 2023 → 2024: +50.08%
- 2024 → 2025: +44.21%
- +116.5% growth over three years
OPS Total Merchant Count
- 2023 → 2024: +77.48%
- 2024 → 2025: +70.56%
- +202.7% growth over three years
Balanced Growth with Controlled Risk
Even amid rapid expansion, VeritasPay continues to maintain a consistently low sales-to-dispute ratio, demonstrating that growth has not come at the expense of control or discipline. While there was a slight uptick in 2025, this movement is directly attributable to significantly higher transaction volumes, rather than any weakening of risk controls.
Importantly, dispute levels remain below benchmarks, reinforcing the effectiveness of VeritasPay’s robust onboarding standards, continuous transaction monitoring, and well-established risk management framework. This performance highlights our ability to scale responsibly, supporting increased merchant activity while protecting the integrity of the platform.
As VeritasPay continues to provide high-quality payment solutions and promote cashless transactions, the company is also dedicated in bringing in fresh and informative content. We’ll be continuing to share new articles about our products, services, and varying subjects within the industry as we move forward.
Contact us here to know more.