BAYAD, PISOPAY PARTNERSHIP FUELS EASY BILL PAYMENTS
BAYAD, the pioneer brand in the outsourced payment collection system in the Philippines, beefs up its partnership with Pisopay.com Inc., a cloud-based financial application provider taking a more aggressive stance in the e-commerce industry through its remittance and bill payment services.
Under the partnership, Bayad will power the collection efficiencies of Pisopay.com’s payment gateway, securing its merchants to accept seamless bill payment transactions.
Government institutions like the Bureau of Quarantine, LTFRB and selected LGUs nationwide; academic institutions like Philippine Merchant Marice Academy, National Maritime Polytechnic, Baliwag Maritime Academy, Scoula Maria in Batangas; and e-commerce businesses like Palengke.PH are some of Pisopay.com’s merchants that Bayad collects for.
“We value the way people [make] payments, and we make sure to highlight security and convenience in our collection service. This is why we are constantly maximizing our cybersecurity measures and upgrading our real-time posting features to enhance end-to-end transaction processing. Through our partnership with Pisopay, we believe that we will be able to serve Filipinos from all walks of life as we elevate their payment experience,” Bayad President and CEO Lawrence Ferrer said.
Pisopay.com Chairman Jae Jung Jang said: “Pisopay is your worry-free financial partner, powering businesses with fast, secure payments, collection, and remittances.””We’re a one-stop shop, simplifying complex finances through trusted technology. Let us handle your money worries so you can focus on what matters. We respect the value of your hard work, and the least of your worries will be how your transaction is treated; with our partnership with Bayad, we are assured of double security and a wider reach to our clients nationwide, especially to unbanked communities, providing a seamless service, wherever and whenever,” he added.
For fintech institutions like Pisopay.com that are interested in being part of Bayad’s extensive bill payment collection network, you may send an email to partnerships@ bayad.com. Bayad enables partners to attain a nationwide presence and provides end-toend support services for efficient payment and collection processing.
Bayad is the pioneer and trusted brand in the outsourced payment collection service in the Philippines, aggregating a multitude of billers into a robust system that is now being used by over 400,000 physical touchpoints as well as millions of customers of leading digital and mobile platforms across the country. Formerly known as Bayad Center, it continues to trailblaze the industry as it evolves from an over-the-counter payment center into a full-service fintech company, offering a whole suite of financial products and services.
Pisopay.com is a financial technology company that empowers businesses with seamless financial solutions.It is a trusted payment platform that provides a secure and convenient solution that empowers organizations to offer financial and payment services.