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April 24, 2024

BDO, Bayad expand tie up to elevate payment experience

BDO Unibank Inc. headed by bankero Nestor Tan further expanded its partnership with trusted payment authority as it continues to “Find Ways” to elevate the payment experience of Filipinos.

With the expanded tie up, Bayad is now boosting the bills payment capability of BDO, by allowing Meralco Postpaid, Prepaid (KLoad), and Radius Telecoms customers to pay their bills with real-time posting through BDO’s over 1,500 branches nationwide and its online banking channel.

The partnership delivers greater convenience and accessibility to the growing users of Meralco Postpaid, Prepaid (KLoad), and Radius Telecoms nationwide with Bayad as a bills payment partner.

Both the Sy-led bank and Bayad have been expanding their bills payment network to make transactions faster, more convenient, and safer for customers in light of the pandemic.

BDO Cash Management Services head Carlo Nazareno said the country’s largest lender is very cognizant of how convenience plays a crucial role in customer experience,

“Our Bills Payment facility allows customers of our partners to do their transactions whenever and wherever they may be. For our clients, BDO’s Bills Payment facility allows them to efficiently collect payments onsite and online. Having a good cash flow at this time is very important not only for businesses but also for the people that those businesses sustain—customers, employees, and their families,” Nazareno said.

Lawrence Ferrer, president and CEO of Bayad, said the company continues to take on an ecosystem-oriented stance that accelerates growth.

“We continue to innovate and introduce key features in our system such as Bayad’s real-time posting of payments to enable higher-value services to our customers and offer them the ease and convenience of transacting with us. We support fellow finance players and we are happy to lend our expertise and network so we can bring financial services closer to Filipinos,” Ferrer said.