MANILA, Philippines – Bayad breaks records for obtaining the highest bills payment transaction volume for Pag-IBIG Fund home loans. With almost a million increase in transactions, covering both digital and over-the-counter payments from 2020 to 2021, Bayad was then recognized as a Top Collecting Partner for both eSRS (electronic submission of remittance schedule) and self-employed members categories during the annual Pag-IBIG Fund Stakeholders’ Accomplishment Report (StAR) Awards last April 8, 2022.
Now more than ever, Bayad is ceaseless in scaling up its payment centers and digital touchpoints that will enable Pag-IBIG Fund members to pay wherever they may be.
Being one of today’s leading full service fintech company, Bayad makes it possible for Pag-IBIG Fund members to also access other bills payment services from basic utilities such as electricity and water, cable & internet, to other government contributions and loan payments, school tuition fees, online shopping, insurance, and many others. This one-stop-shop solution sets Bayad apart from fintech institutions while it continues to activate its real-time posting feature, allowing its customers to monitor their transactions with ease.
Bayad President and CEO, Lawrence Y. Ferrer underscored “This year, we continue to drive innovative solutions that are reflected in our mission of bringing bills payment services closer to Filipinos. Everyday, we are rolling up our sleeves as we are a committed to be catalyst for digital financial inclusion as we face the new normal. Even amidst these challenging times, we are one with Pag-IBIG in helping our kababayans fulfill their dream of owning a home.”
For government, financial, and banking institutions 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.