News
MARKET SIGNAL:

7-Eleven Philippines Extends Cashless Payments Past 4,000 Stores

Newsroom brief

Company records put cashless payment acceptance at more than 1,000 7-Eleven stores at the end of 2025 and more than 4,000 by the end of May 2026.

Verified against source materialEdited by SendTech Times Fintech Desk
7-Eleven Philippines Extends Cashless Payments Past 4,000 Stores
Image source: Back End News

Company records put cashless payment acceptance at more than 1,000 7-Eleven stores at the end of 2025 and more than 4,000 by the end of May 2026.

7-Eleven Philippines Extends Cashless Payments Past 4,000 Stores

Back End News identifies Philippine Seven Corp. as the exclusive licensor of 7-Eleven in the Philippines.

The rollout sits alongside store modernisation, technology investment, supply-chain improvements and operational efficiency work.

The payment programme covers credit cards, debit cards, QR Ph, e-wallets and other digital payment methods.

The retailer framed it as part of a wider digital transformation effort for customer experience and store operations.

Richard Lee, president of Philippine Seven Corp., said the company is focused on execution, opening the right stores, serving customers more deeply and scaling the digital and payment capabilities built during the year.

PSC Records ₱99.4 Billion In System-Wide Sales

System-wide sales were recorded at ₱99.4 billion for 2025, compared with ₱93.5 billion in 2024, with growth listed at 6.4%.

Revenue for 2025 was listed at ₱95.1 billion, a 7.2% increase.

The increase was attributed to higher customer traffic, larger basket sizes and store expansion.

Financial figures showed ₱3.6 billion in net income, ₱47.8 billion in total assets after 10.5% growth, ₱11.2 billion in stockholders' equity after 23% growth, and a 35.61% return on equity.

Lee described 2025 as another solid year in a demanding environment and linked the investment programme to customer and shareholder service.

Store Network Reaches 4,491 Locations

Store count reached 4,491 at the end of 2025, compared with 4,130 a year earlier, according to the published figures.

The company listed 361 store openings during the year as the network expanded across more communities in the Philippines.

The store mix remained slightly weighted towards company-owned locations.

Company-owned stores were listed at 53.42% of the network and franchised stores at 46.58%.

Fresh food and proprietary foodservice brands were described as contributors to sales growth across stores.

The remaining public details do not include a breakdown by payment method, food category or store format.

Leadership Change Accompanies The Digital Rollout

The year also included a management change.

Lee became president of Philippine Seven Corp. in July 2025, while Jose Victor Paterno became chair of the board.

The remaining public-record gaps are transaction volumes for the cashless rollout, payment-fee terms, named payment partners and store-level adoption rates after May 2026.

Share this article
inXf

Related articles

More
Keyper Raises $11 Million To Expand UAE Monthly Rent Payments
Fintech & Digital Payments

Keyper Raises $11 Million To Expand UAE Monthly Rent Payments

Keyper said it raised an $11 million Series A led by Speedinvest to expand monthly rent payments and landlord financing products in the UAE. The company said it has financed more than $44 million in rent value, but did not disclose pricing, financing terms or named institutional landlord customers.

Revolut Adds VARA Crypto Approval To UAE Payments Licences
Fintech & Digital Payments

Revolut Adds VARA Crypto Approval To UAE Payments Licences

PYMNTS reported that Revolut received in-principle VARA approval for a UAE VASP licence, weeks after Central Bank of the UAE payment licences. PYMNTS said final approval is still required, with the UAE launch date, crypto pricing and first customer numbers outside the public record.

Swift Lines Up 17 Banks For Tokenised Deposit Ledger Tests
Fintech & Digital Payments

Swift Lines Up 17 Banks For Tokenised Deposit Ledger Tests

Swift said 17 banks are preparing to test live transactions on a blockchain-based shared ledger for tokenised deposits. The system is meant to support round-the-clock cross-border payments, while final settlement remains tied to existing payment systems.

Tipalti Targets Future IPO As AI Tools Pressure Finance Teams
Fintech & Digital Payments

Tipalti Targets Future IPO As AI Tools Pressure Finance Teams

Tipalti president Rob Israch said the finance-automation company expects sustained profitability by early 2027, while customers push for AI tools inside payments, procurement and expense workflows.

Goldman Adds Prediction-Market Trades To Bank Compliance Lists
Fintech & Digital Payments

Goldman Adds Prediction-Market Trades To Bank Compliance Lists

Goldman Sachs has restricted some employee prediction-market trades, according to CNBC, while the outlet's 50-company survey found explicit policies at only three firms. A CFTC case against a Google employee gives the compliance issue a legal marker, with most company policy details still outside the public record.

Klarna Seeks U.S. Industrial Bank Charter As Partner-Bank Model Faces Review
Fintech & Digital Payments

Klarna Seeks U.S. Industrial Bank Charter As Partner-Bank Model Faces Review

Banking Dive reported that Klarna applied for a U.S. industrial bank charter after the company said it had extended $91.3 billion in credit to U.S. consumers; the application still needs FDIC and Utah approval.

Keep Reading

More Stories

Latest
Xi Backs Shanghai AI Governance Body After 29-Country DealAIJul 17, 2026Xi Backs Shanghai AI Governance Body After 29-Country DealCNBC reported that Xi Jinping used a Shanghai AI speech to position China as a Global South technology partner after 29 countries signed an agreement to establish the World Artificial Intelligence Cooperation Organization. The address named cooperation with ASEAN, the African Union and BRICS, but did not identify WAICO members, funding or enforcement powers.US Lawmakers Seek Ban On Chinese Memory PurchasesChips & SemiconductorsJul 17, 2026US Lawmakers Seek Ban On Chinese Memory PurchasesRepresentatives John Moolenaar and George Whitesides urged the Commerce Department to restrict US purchases from YMTC and CXMT as memory prices are expected to stay high through at least 2028.Fireworks Raises $1.5B As AI Platform Reaches $17.5B ValuationAIJul 17, 2026Fireworks Raises $1.5B As AI Platform Reaches $17.5B ValuationFireworks AI raised a $1.5 billion Series D at a $17.5 billion valuation, SiliconANGLE reported. The company says it processes more than 40 trillion tokens a day, while contract values, total GPU capacity and customer commitments tied to the new capital remain outside the public record.Nebius Moves AI Cloud Expansion To Partner-Owned Data CentresCloud & Data CentersJul 17, 2026Nebius Moves AI Cloud Expansion To Partner-Owned Data CentresAI Business reported that Nebius plans to run its AI cloud platform in partner-owned data centres, with revenue shares, licensing fees and committed-capacity deals under discussion.1Password Gives Claude Session-Scoped Logins Without Model AccessAIJul 16, 20261Password Gives Claude Session-Scoped Logins Without Model AccessSiliconANGLE wrote that 1Password launched a Claude browser integration that lets Anthropic’s agent use approved logins without exposing passwords or one-time codes to the model. The release starts on Mac and leaves payment-card support, personal-detail autofill and independent security validation outside the launch record.EU Court Sends Google Gambling-Ad Fine Back To Italy's Council Of StateCapital & PolicyJul 16, 2026EU Court Sends Google Gambling-Ad Fine Back To Italy's Council Of StateTNW reported that the Court of Justice of the European Union answered questions in a case tied to AGCOM’s €750,000 fine against Google Ireland over YouTube gambling videos. The ruling leaves Italy’s Council of State to apply the EU-law answers to the fine.EU Orders Google To Open Android And Search Access To RivalsCapital & PolicyJul 16, 2026EU Orders Google To Open Android And Search Access To RivalsThe EU has ordered Google to give rival AI assistants and search engines wider Android and Search access under the Digital Markets Act, The Verge reported. Google cited privacy and security risks, while the public record still lacks implementation dates, technical access specifications and an approved list of rival assistants.Meta AI Teen Safety Alerts Go Live For Parents In Four MarketsCapital & PolicyJul 16, 2026Meta AI Teen Safety Alerts Go Live For Parents In Four MarketsMeta said parent alerts for teen suicide or self-harm discussions with Meta AI are live for Instagram supervision users in the U.S., U.K., Australia and Canada. Flagged chats will be manually reviewed before alerts are sent, while detection accuracy, emergency-routing timing and independent evaluation results remain outside the public record.Neko Health Raises $700 Million For US AI Body-Scan ClinicsAIJul 16, 2026Neko Health Raises $700 Million For US AI Body-Scan ClinicsAI News reported that Neko Health raised $700 million to expand AI body-scan clinics in the United States, starting with New York. The source cited FDA 510(k) clearances for two Neko devices; U.S. pricing, additional clinic locations, false-positive rates and completed peer-reviewed validation for the full screening service remain outside the public record.TSMC Raises Arizona Plan To $265 Billion After Profit JumpChips & SemiconductorsJul 16, 2026TSMC Raises Arizona Plan To $265 Billion After Profit JumpCNBC reported that TSMC posted a 77.4% second-quarter profit jump and said its Arizona investment will rise to $265 billion after an additional $100 billion commitment. The report did not name the U.S. customers, fab opening dates, order volumes or pricing terms attached to the expanded plan.PIF And I Squared Set $1 Billion Saudi Digital Infrastructure PlanCloud & Data CentersJul 16, 2026PIF And I Squared Set $1 Billion Saudi Digital Infrastructure PlanData Center Dynamics reported that I Squared Capital signed a non-binding MoU with Saudi Arabia’s Public Investment Fund covering up to $2 billion in PIF-owned real estate and infrastructure assets, with half of the planned deployment earmarked for digital infrastructure. The MoU does not name the first assets, sites, financing timetable or data-centre capacity tied to the $1 billion allocation.Creatio Adds AI Agent Governance To 10x CRM PlatformAIJul 16, 2026Creatio Adds AI Agent Governance To 10x CRM PlatformNo Jitter reported that Creatio 10x adds AI Studio, AI Twin and prebuilt CRM agents while keeping agent access under enterprise permissions and consumption guardrails. The report did not name customers, measured cost savings, consumption thresholds or independent security-audit results.