Bayad, the trusted multi-channel payment platform provider in the Philippines and Meralco’s full service fintech subsidiary has intensified its partnership with Cebuana Lhuillier, one of the leading micro financial service provider companies in the Philippines. Through its proactive alliance, Bayad enables Meralco bills payment in over 3,000 Cebuana Lhuillier branches across the country.
Apart from Meralco, Cebuana Lhuillier targets to onboard more biller brands through Bayad’s extensive network of biller partners that will eventually extend across Cebuana Lhuillier’s digital platform, enabling an easier, more efficient, more convenient, and seamless one-stop shop solution for its clients.
Bayad President and CEO, Lawrence Y. Ferrer shared “Bayad’s partnership with Cebuana Lhuillier ultimately amplifies our vision of elevating the quality of living of Filipinos as we usher in more real time bills payment services. We are committed to empower businesses like Cebuana Lhuillier by sharing our vision and strategy in advocating for digital financial inclusion”.
Cebuana Lhuillier President and CEO Jean Henri Lhuillier also stressed. “Cebuana Lhuillier has always been committed to offer convenient micro financial solutions to our clients, and partnering with the biggest and widest multi-channel payment platform in the country will surely optimize one of our essential services. As we continue to expand our network and improve our digital payment facilities, we will provide our clients more convenient options for their bills payment needs.”
For fintech institutions that are interested to be part of Bayad’s extensive channel network, you may send an email to partnerships@bayad.com or call at +63 998 963 7880. Bayad enables partners to attain a nationwide presence and provides end-to-end support services for efficient payment and collection processing.
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