PHILSTAR FILE PHOTO
LISTED Philippine Seven Corp. (PSC) plans to expand its digital payment capabilities across its store network as it seeks to improve customer convenience.
“We are working on it. Moving forward, we aim to increase our digital payment capability to 100%,” PSC President Richard Lee said during a briefing on Thursday.
Mr. Lee said about 98% of the company’s store network is already equipped to accept digital payments.
According to PSC, cashless payment acceptance expanded from more than 1,000 stores at the end of 2025 to more than 4,000 stores as of the end of May 2026, allowing customers to pay using credit and debit cards, QR Ph, e-wallets, and other cashless payment options.
PSC is the exclusive licensee of the 7-Eleven convenience store brand in the Philippines.
“We enter the next chapter with confidence. Our focus now is on execution—opening the right stores, deepening how we serve customers, and scaling the digital and payment capabilities we built this year,” Mr. Lee said.
“That is how we will keep 7-Eleven the most convenient choice for Filipinos, wherever they are,” he added.
The company said it remains on track to expand its network to 5,000 stores this year.
PSC expanded its 7-Eleven network to 4,491 stores in 2025 from 4,130 a year earlier, opening 361 new stores. Of the total, 53.42% are company-owned, while 46.58% are franchised.
This year, PSC has earmarked P5 billion in capital expenditures (capex) to open 400 additional stores by yearend, as it continues expanding despite global uncertainties linked to the conflict in the Middle East.
Shares in PSC rose 1.68% to P33.35 each on Thursday. — Alexandria Grace C. Magno