PayCools targets Philippine gaming sector after securing PAGCOR accreditation
PayCools is positioning itself to work with the Philippines’ regulated gaming industry after receiving accreditation from the Philippine Amusement and Gaming Corporation (PAGCOR), opening a route for the payment services provider to serve gaming businesses operating under the regulator’s framework.
The company, formally registered as Payment Innovation Inc. and operating under the PayCools name, appears on PAGCOR’s list of accredited support service providers dated October 29, 2026. It is included under the category of Payment Gateway Solutions / Payment Channel, alongside AllBank, ARX, Magic Payment, MyBusyBee and Traxion Pay (Source: PAGCOR’s List of PAGCOR-Accredited Support Service Providers as of October 29, 2026 - https://www.pagcor.ph/regulatory/pdf/App%20Kits/List-of-PAGCOR-Accredited-Support-Service-Providers.pdf).
The accreditation marks an important step in PayCools’ efforts to enter the Philippine gaming sector, where payment providers must meet specific regulatory requirements before supporting PAGCOR-regulated gaming businesses.
PAGCOR accreditation opens access to regulated gaming market
PAGCOR’s accreditation framework covers companies providing business-to-business support services to the country’s electronic gaming industry. Payment gateway solutions and payment channels are among the designated service categories, alongside customer service, marketing and promotional services, know-your-customer (KYC) systems, and independent game testing laboratories.
The regulator’s published list confirms PayCools’ inclusion in the payment category. Its appearance on the register places the company among the providers recognized under this particular support-service framework.
The accreditation is relevant to gaming system administrators and other regulated industry participants that rely on payment infrastructure to facilitate transactions. PAGCOR’s Electronic Gaming Licensing Department oversees the accreditation of service providers and the approval of gaming platforms and systems within its regulatory remit.
PayCools brings an established payment services operation
PayCools provides payment collection and processing solutions for businesses in the Philippines. Its services include payment options through banks, e-wallets, payment centers and QR-based channels, according to the company’s published business information.
The company also offers payment links and API integration for merchants seeking to accept payments through websites, mobile applications or direct payment requests. These services provide the technological foundation for its wider merchant payment operations.
Payment Innovation Inc. is also listed by the Bangko Sentral ng Pilipinas (BSP) as an Operator of Payment System under the PayCools business name. The central bank's register records its OPS registration as OPSCOR-2022-0008, issued on July 20, 2023 (Source: BSP’s “List of BSP-Registered Operator of Payment System”).
A screenshot of Payment Innovation Inc.'s inclusion in BSP's list of BSP-registered operator of payment system (OPS)
The BSP registration and PAGCOR accreditation serve different regulatory purposes. The former relates to its payment-system operation, while the latter recognizes the company as a support service provider eligible to participate in PAGCOR's regulated gaming framework.
Payment providers face a more structured regulatory environment
PayCools’ accreditation comes as PAGCOR continues to formalize requirements for companies supplying services to the Philippine electronic gaming sector. Under the regulator’s framework, payment gateways and payment channels are treated as distinct support services requiring accreditation. This creates a more defined process for gaming operators and gaming system administrators to assess the regulatory status of their third-party providers.
For PayCools, the next stage will be turning its regulatory recognition into commercial relationships within the Philippine gaming industry. Its entry into the accredited provider list gives the company a recognized position in the market, while prospective partnerships and the scale of its gaming-sector operations remain to be established.
What PayCools’ accreditation means for the Philippine gaming market
The development reflects the growing importance of specialized payment infrastructure within the Philippines’ regulated gaming ecosystem. As PAGCOR continues to define the requirements for third-party service providers, payment companies seeking to work with licensed gaming businesses must account for the regulator’s accreditation process.
PayCools’ inclusion in the October 29 register establishes its eligibility as an accredited payment support service provider. Whether this translates into a substantial presence among the country’s gaming operators will depend on its ability to secure partnerships and deliver services within the regulatory framework.
For now, the accreditation represents a market-entry milestone for PayCools and another addition to the group of payment providers recognized by PAGCOR.
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Sources
GGRAsia
PAGCOR
Bangko Sentral ng Pilipinas: List of Registered Operator of Payment System. Bangko Sentral ng Pilipinas
PayCools: Official company and payment services information.
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