Real-time Meralco payments at 7-Eleven CLiQQ Kiosks, now made possible by Bayad

Busy lifestyles have led a lot of Filipinos to rely on doing one-stop-shop errands at convenience stores like 7-Eleven. Apart from buying goods, ready-to-eat cooked meals, and beverages, Meralco bills can also be paid at 7-Eleven CLiQQ Kiosks, available in over 4,100 branches nationwide.

Bayad cybersecurity lead awarded as Cybersecurity Practitioner of the Year in the 2024 World Financial Innovation Series

Rolly “RB” N. Bañez, Bayad Deputy Chief Information Security Officer and Head of Cyber Security Governance has been recognized with Cybersecurity Practitioner of the Year Award in the recently concluded 2024 World Financial Innovation Series.

Bayad Empowers MSMEs with Bills Payment and Loading Business

Say goodbye to late fees, and hello to convenience! With Bayad, you may pay all of your bills, government payments, and even insurance premiums in one transaction—anytime, anywhere. 

Interested in becoming a legitimate Bayad agent?  This is how you do it.

Bayad drives discourse on business innovation during the 11th Mansmith Market Masters Conference

Bayad President and CEO Lawrence Y. Ferrer highlighted the importance of customer-centric strategies and innovation at the 15th Mansmith Market Masters Conference last May 8, 2024. Emphasizing the convenience of focusing on customer needs and empowering employees, Ferrer showcased how Bayad supports digital transformation through enterprise payment solutions.

Bayad and DepEd, Amplifies Advocacy on Financial Literacy

Bayad and the Department of Education (DepEd) continue their "Bayad Sapat Dapat" program. Strengthening financial literacy among Filipino students which aims to equip the youth with essential money management skills to navigate challenging financial landscapes.

Bayad and GETT Closes Partnership Deal to Offer Convenient Payment Solutions

Exciting news in the Philippine travel industry! Bayad partners with Gateway Express Travel & Tours (GETT) to make bill payments easier for travelers across the country. Now booking flights and paying bills for utilities, insurance, and other services via GETT's web platform became a lot easier

Bayad clinches Excellence Awards during the Pag-IBIG Fund Chairman's Report for 2023

Bayad clinches Excellence Awards during the Pag-IBIG Fund Chairman's Report, held on February 27, 2024 at PICC Complex, Roxas Boulevard, Pasay City.

In photo (L-R): Pag-IBIG Fund VP for Legal and General Counsel Group. Chief Legal Counsel and Head of Compliance – Atty. Marcial C. Pimentel Jr., Pag-IBIG Fund Deputy Chief Executive Officer for Home Lending Operations Cluster – Benjamin R. Felix Jr., Bayad VP and Head for Biller Solutions Anely P. Aviles, Pag-IBIG Fund Chief Executive Officer Marilene C. Acosta, Bayad President and CEO – Lawrence Y. Ferrer, Bayad Account Officer – Rommel S. Villeza, Pag-IBIG Fund Deputy Chief Officer for Support Services Cluster – Atty. Robert John S. Cosico, and Pag-IBIG Fund Deputy Chief Executive Officer for Member Services Cluster – Alexander Hilario G. Aguilar.

The awarding ceremony highlights Bayad as Pag-IBIG Fund’s Non-bank Top Collecting Partner, having served the highest contribution on Pag-IBIG Fund’s Employer Electronic Submission of Remittance Schedule (ESRS) for the year 2023.

Now on its 6th consecutive year, Bayad has once again proven its commitment to excellence in enabling institutions to conveniently help its employees settle their Pag-IBIG Fund home loan contributions through Bayad’s multi-channel payment platform.

Today, both individual and group contributions can be settled through a variety of Bayad’s payment touchpoints covering its Bayad Centers, its network of partner establishments such as leading supermarkets, department stores, convenient stores, pawnshops, courier services, banks, and other financial institutions. Adding to these are Bayad’s mobile application - Bayad App and its web application – Bayad Online, catering to a more tech-savvy market.

Bayad President and CEO, Lawrence Y. Ferrer underscored “Our drive for excellence is deeply rooted in our purpose of helping Filipinos elevate their quality of life. We are committed to provide solutions to both individuals and businesses that effectively help make payments more convenient and seamless.” We are one with Pag-IBIG in helping our kababayans to become financially empowered and fulfill their dream of owning a home.”

For government and financial institutions that are interested to be part of Bayad’s extensive biller network, you may send an email to partnerships@bayad.com. Bayad enables partners to attain nationwide presence and provides end-to-end support services for efficient payment and collection processing.

Bayad champions financial inclusion with Quezon City Local Government

Bayad, the pioneer brand in the outsourced payment collection system in the Philippines, together with its parent institution MERALCO, ties up with the local government of Quezon City as it holds its flagship livelihood training program “QC Pangkabuhayan”.

Residents of Quezon City together with honorable Mayor Joy Belmonte, and representatives of Meralco and Bayad during the QC Pangkabuhayan program

Bayad Powers the Bills Payment Services of GoTyme Bank

Bayad, the pioneer brand in the outsourced payment collection system in the Philippines, officially sealed its partnership with GoTyme Bank, one of the country’s fastest growing digital banks.

Bayad strikes alliance with Pisopay.com, powering bills payment services

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 bills payment services.

Bayad and Sun Life Grepa make insurance services more accessible for Filipinos

Bayad, the pioneer brand in the outsourced payment collection system in the Philippines, officially seals its partnership with Sun Life Grepa Financial, Inc. (Sun Life Grepa), a major life insurance company in the Philippines.

CHAMPIONING DIGITAL FINANCIAL INCLUSION: Bayad Marketing and Account Officers (standing, 2nd to 6th from left) with Sun Life Grepa Affinity Marketing Sales Head for Partnership Distribution Marge Estrera (standing, leftmost) are present with (seated left to right) Sun Life Grepa Vice President for Affinity Marketing Joen Songco, Sun Life Grepa President Richard Lim, Bayad President and CEO Lawrence Y. Ferrer, and Bayad Chief Commercial and Marketing Officer Dennis S. Gatuslao.

As Bayad beefs up its partnership with Sun Life Grepa, its mobile application - Bayad App will now be able to directly make available a variety of insurance plans to its subscribers, apart from enabling the acceptance of monthly payments for insurance premiums.

Bayad President and CEO Lawrence Y. Ferrer shared, “Our sole purpose at Bayad has always been centered on elevating the quality of living of Filipinos, and a huge part of our role is to help our kababayans safeguard the most valuable things in life, their physical and financial wellbeing.  With this, we continue to maximize our digital payment offerings by partnering with forward-thinking financial institutions like Sun Life Grepa. Now more than ever, we recognize the increasing need for security in cases of death, unforeseen accidents, hospitalization costs from illnesses, and retirement financial plans. We are one with Sun Life Grepa in enabling worry-free insurance payment solutions.”

“At Sun Life Grepa, we have always been committed to making life brighter for Filipinos through offering life insurance products that empower individuals and families to secure their future.“ said Sun Life Grepa President Richard Lim. This partnership with Bayad aligns perfectly with that direction. Its extensive network and expertise in payment solutions make them a remarkable partner to help us reach more Filipinos. We have the highest confidence that we will be able to offer an outstanding client experience but also reinforce our commitment to financial inclusion and security.”

Visit www.sunlifegrepa.com to learn more about Sun Life Grepa products and services.

For fintech institutions like Sun Life Grepa Financial that are interested to be part of Bayad’s extensive biller network, you may send an email to partnerships@bayad.com. Bayad enables partners to attain nationwide presence and provides end-to-end support services for efficient payment and collection processing.

Bayad Makes a Massive Mark at the 2023 Singapore Fintech Festival

Bayad, the biggest and widest multi-channel payment platform in the Philippines, showcased its commitment to advancing financial technology and expanding its global presence at the 2023 Singapore Fintech Festival.

Bayad President and CEO - Lawrence Y. Ferrer presents a massive potential on advancing the global digital economy by bridging international businesses and Filipinos overseas through its bills payment services.

The highlight of Bayad's participation was the thought-provoking presentation by President and CEO Lawrence Y. Ferrer, where he shared valuable insights on the pivotal role of bill payments in catalyzing digital economic growth.

In his presentation titled "Fueling Progress: Bill Payments as the Catalyst for Digital Economic Growth," Mr. Ferrer emphasized the importance of bill payments in the Philippines and its significant contribution to the country's economy.

 

The Move Toward Digital

Currently, the Philippines ranks as the largest recipient of money remittances in Southeast Asia, 3rd in Asia, and 4th globally, with the World Bank predicting continued growth in remittances.

Payment behavior in the Philippines is shifting towards digital transactions, with a projected increase to at least 50% in 2023, aligning with the Digital Payments Transformation Roadmap of the Bangko Sentral ng Pilipinas. 

The digital economy clearly continues to grow, as “Every day, more and more people are choosing to make digital transactions, as seen in the 9.4% share of the digital economy to the GDP of the Philippines in 2022. With the growing Philippine market globally and the increasing preference for digital payment platforms, we want to answer to the demand of Filipinos for a secure and convenient way of managing their bills, wherever they may be, by creating solutions anchored in their bill payment needs,” said Ferrer.

Bayad President and CEO - Lawrence Y. Ferrer highlights the transformation roadmap for digital financial transactions in the Philippines.

 

Bayad's Role in the Bill Payment Industry

Given this, Bayad, formerly known as Bayad Center, has continued to be a trusted brand in the industry for 26 years, initially serving MERALCO customers with alternative bill payment outlets.

Now with a massive ecosystem, Bayad has evolved into the premier bill payments aggregator, serving over 3,000 biller brands from both public and private sectors, covering a wide range of services, including electric and water utilities, telecommunications, government contributions, airline booking payments, loans, e-loading, e-wallet top-ups, toll RFID loading, insurance, memorial and more.

“And of course, with our dedication to providing Filipinos more payment channels to access our biller partners, we continue to strengthen our omnichannel presence. We currently have over 400,000 physical touchpoints and we are connected to over 80 million subscribers of leading digital and mobile platforms, spread across domestic and international borders,” pointed out Ferrer. 

“In fact, 9/10 of all banks and fintechs are connected through our bill payment trail. We stand as a single point of transaction for billing institutions and payment channels who want a faster time-to-market approach,” he emphasized.

Bayad Overseas - Expanding Opportunities for Global Filipinos

With the launch of Bayad Overseas, Filipinos around the world now have a convenient way to pay their bills in the Philippines, enhancing their financial experiences globally.

Bayad Overseas aims to support and uplift the global market of Overseas Filipino Workers (OFWs) by providing a secure, convenient, and reliable payment solution for their bill payment needs.

“Capture the global OFW market by partnering with the biller aggregator of choice and the most trusted brand by Filipinos for their payment needs. With Bayad’s physical and digital payment touchpoints, Filipinos are assured of a safe, convenient, and reliable payment transaction whatever their payment style may be,” Ferrer said as he invited the audience.

 

Partnership for the Future

Ferrer concluded his presentation by welcoming potential partners to collaborate with Bayad, emphasizing the company's commitment to integrity, reliability, and trust.

“Bayad is with you in shaping a better world of fintech. Become a Bayad partner today and together, let’s fuel the expansion of the global digital economy,” he said.

Bayad also participated in a booth exhibition, alongside more than 500 fintech companies from around the world, showcasing its massive biller ecosystem.

"As a single point of transaction for billing institutions and payment channels, Bayad offers a faster time-to-market approach, making us the biller aggregator of choice," said Mr. Ferrer.

Bayad's participation in the 2023 Singapore Fintech Festival marks a significant step toward its mission of empowering individuals and businesses with seamless and convenient bill payment solutions, both domestically and internationally.

To be part of Bayad’s extensive international channel network, you may send an email to partnerships@bayad.com.

Bayad And Ventaja, Elevating Digital Financial Solutions for Filipinos Overseas

In an effort to make greater strides in the country’s digital payment transformation, CIS Bayad Center, Inc. (Bayad)– the pioneer brand in the outsourced payment collection system and a full-service fintech subsidiary of Meralco – has officially renewed its partnership with Ventaja International Corp., a fintech institution, initially developed as a telecom prepaid card provider for Filipino migrant workers based overseas, and is now offering a variety of financial services such as remittance, loading and bills payment services for both government and household utilities, all of which, are powered and supported by Bayad’s robust biller aggregator system.

Bayad brings in Meralco, Autosweep, Easytrip, SSS, and many others biller brands in Ventaja’s mobile application called Payremit and through Ventaja’s domestic and international payment centers. With this, even Filipinos overseas can be able to help settle their families’ bills in the Philippines and regularly pay for their government contributions at the same time.

CHAMPIONING DIGITAL FINANCIAL INCLUSION: Executives of Bayad and Ventaja on their partnership signing. Seen in the photo (from L-R) are Ventaja Chief Operations Officer Zaida G. Batallones, Ventaja Chief Executive Officer Vincent Paul D. Grey, Bayad President and CEO Lawrence Y. Ferrer, and Bayad Chief Commercial and Marketing Officer Dennis S. Gatuslao.

Bayad President and CEO Lawrence Y. Ferrer shared, “We continue to expand our payment footprint globally, as we aim to elevate the payment experience of our kababayans. Our goal is centered on boosting their financial wellbeing, as we help them seamlessly settle their families’ bills in the Philippines, and at the same time, invest for their future through government contributions.

“We are with Ventaja in helping OFWs strengthen their ties to home, and we highly value every story of hard work that our kababayans experience before they are able to provide for their families’ needs back home”, added Ferrer.

Ventaja President and CEO Vincent D. Grey also shared “We are thrilled and grateful for our renewed partnership with Bayad as we both maximize the opportunity to offer enhanced payment services to Filipinos overseas. This way we can further financial inclusion and help boost the country’s economic growth.”

For fintech institutions like Ventaja that are interested in being part of Bayad’s extensive channel network, you may send an email to partnerships@bayad.com. Bayad enables partners to attain a nationwide presence and provides end-to-end support services for efficient payment and collection processing.

Bayad and RCBC, renews partnership, enabling seamless digital financial solutions

The pioneer brand in the outsourced payment collection system in the Philippines, CIS Bayad Center, Inc. (Bayad) has renewed its partnership with Rizal Commercial Banking Corporation (RCBC), enabling inclusive financial services through RCBC Diskartech and RCBC ATM Go.

Bayad seals partnership with TALA, enabling convenient bills payment services

Two fintech innovators – CIS Bayad Center, Inc. (Bayad), the country’s pioneer brand in the outsourced payment collection system, and Tala Financing Philippines, Inc. (Tala) - a global leading money app for the underbanked, has officially sealed its partnership, sharing the same goal of elevating the financial experience of Filipinos.

Bayad partners with Go VIP Center to empower Filipinos with more payment options

Bayad, the pioneer brand in the outsourced payment collection system, has partnered with Go VIP Center, a leading business solutions and financial services provider, to enable customers with more convenient ways to pay their bills.

Bayad Bags Excellence Awards during Pag-IBIG Fund’s Chairman’s Report for 2022

Bayad made a complete sweep after being conferred with two Excellence Awards during the Pag-IBIG Fund Chairman's Report, held on March 28, 2023 at SMX Convention Center in Pasay City.

Bayad and Omega Business Consulting seals partnership, driving forth real-time payments

Bayad, the biggest and widest multi-channel bills payment platform in the Philippines, seals partnership with Omega Business Consulting, Inc. (Omega BCI), a financial management service provider that delivers a robust suite of accounting, auditing, data processing, and integrated software services to its local and international clients in the retail, banking, and fintech space.

Under the partnership, Bayad will continue to boost the bills payment capability of Omega BCI through its web-based application, Paymybills. Today, over 91 billers are already onboarded on the said platform, covering payments for electric and water utility, cable and internet, government contributions, loan payments, school tuition fees, online shopping, insurance, and many others.

 

Omega BCI President and CEO, Emmanuel Masangkay shares “Paymybills was borne out of the need to help OFWs conveniently pay for their families’ bills back home, and at the same time help them settle for government contributions, enabling them to save and invest for their future. Our partnership with Bayad, excites us as we amplify our shared  passion of helping our kababayans whether locally and globally. The greatest service we can give our stakeholders is not just to share our resources but to enable them to effectively manage their finances. Our aim is to empower people.”

“We need to help Filipinos level up.”, added Masangkay.

From his humble beginnings as an OFW in Papua New Guinea, Masangkay knows very well the value of hard-earned money, which is also the lifeblood of Bayad’s business. 

Bayad President Lawrence Y. Ferrer underscored “We share a collective vision with Omega Business Consulting in elevating the quality of living of our kababayans. All our efforts in Bayad are directed towards the belief that Filipinos deserve to be rewarded for their hard work. We strive to go beyond just providing payment services by empowering families to strengthen their relationships as we drive for borderless financial inclusion.”

For financial institutions like Omega Business Consulting that are interested to be part of Bayad’s extensive channel network, you may send an email to partnerships@bayad.com. Bayad enables partners to attain nationwide presence and provides end-to-end support services for efficient payment and collection processing. 

Bayad and PitakaMo Relaunches Partnership, Strengthening Its One Stop Shop Bills Payment Solution

In photo (L-R):   Lawrence Y. Ferrer – Bayad President and CEO, Dennis S. Gatuslao – Bayad Chief Commercial and Marketing Officer, Alexander Charles Mascenon – PitakaMo IT Solutions and Marketing Corporation VP for Operations, and Alexander Benedict Mascenon – PitakaMo IT Solutions and Marketing Corporation President and CEO

CIS Bayad Center Inc. (Bayad), the largest multi-channel payment platform in the Philippines relaunches partnership with PitakaMo IT Solutions and Marketing Corporation (PitakaMo), a digital payment service provider of its franchisor brand AllEn One Grocery and Payment Center (AllEn One).

Bayad and Peppermint Innovation relaunches partnership, driving innovative bills payment solutions

In photo (L-R): Rosette Carrillo – Peppermint Innovation Philippines General Manager, Dennis S. Gatuslao – Bayad Chief Commercial and Marketing Officer, Bob Conrad B. Aquino – Bayad Commercial Group Head and AVP, and Christopher Kain – Peppermint Innovation Limited Managing Director and CEO

Bayad, the pioneer and most trusted brand in the outsourced payment collection system in the Philippines beefs up its partnership with Peppermint Innovation, an Australian company with a fintech enterprise arm in the Philippines that provides innovative, convenient, and easy-to-use payment technology platforms.

Under the partnership, Bayad will continue to boost the bill payment services of Peppermint Innovation through its mobile application Bizmoto. The Bizmoto App can both be accessed by direct users as well as accredited agents who will enable a one-stop-shop bills payment solution in their respective communities.

As Bayad and Peppermint Innovation recalibrated to a more robust system integration, the number of billers is expected to increase in the Bizmoto app, and process real-time and seamless payment transactions. Today, Bizmoto App already accepts payments for electric and water utilities, cable and internet, government contributions, loan payments, credit cards, school tuition fees, online shopping, insurance, and many others.

In addition, Peppermint will also soon be able to issue a Visa or pre-paid Visa card directly linked to a Bizmoto wallet, thereby empowering recipients to make regular e-commerce and online transactions.

Peppermint Innovation Managing Director and CEO, Christopher Kain said “Through our strengthened partnership with Bayad, we are able to further deliver on our commitment of amplifying digital financial inclusion in the Philippines.  We are thrilled to see the heights that we are yet to reach as we share the same commitment with Bayad in bringing convenient and reliable financial services for to more Filipinos.”

“Bayad’s endorsement of our Bizmoto App as an ‘easy, go to, 24/7 access platform’ reflects Peppermint’s objective of being a convenient and easy-to-use bills payment facilitator for Filipinos.”. added Kain.

Bayad President and CEO, Lawrence Y. Ferrer also shared, “We are one with Peppermint Innovation in enabling convenient and reliable financial products and services. We will further intensity our partnership as we scale up our real time bills payment services in the Bizmoto App. Ultimately, all our efforts in Bayad are anchored on our mission of providing quality of life by bridging people and businesses as we help accelerate the country’s economic recovery.”

For financial institutions and digital enterprise like Peppermint Innovation that are interested to be part of Bayad’s extensive channel network, you may send an email to partnerships@bayad.com. Bayad enables partners to attain nationwide presence and provides end-to-end support services for efficient payment and collection processing.