Friday, March 18, 2022

Bayad and BDO find ways to elevate bills payments

 

Finding ways to continue elevating the payment experience of Filipinos, Bayad and BDO Unibank, recently joined forces to expand the roster of bills customers can pay through various BDO channels. 


Bayad, the most trusted payments authority in the country, 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 BDO 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 Bayad and BDO have been expanding their bills payment network to make transactions faster, more convenient, and safer for customers in light of the pandemic. 

“We are 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,” BDO Cash Management Services Head Carlo B. Nazareno said.

According to Bayad’s President and CEO Lawrence Ferrer, “We at Bayad take on an ecosystem-oriented stance which we believe is key in accelerating growth for our company, partners and industry as a whole. 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.”

For Banks and Financial Institutions like BDO that are interested to be part of Bayad’s extensive channel network, email financialinstitutions@bayad.com. Bayad enables partners to attain a nationwide presence and provides end-to-end support services for efficient payment and collection processing. 


About BDO Unibank, Inc.

BDO is a full-service universal bank that provides a wide range of corporate and retail services such as traditional loan and deposit products, treasury, trust banking, investment banking, private banking, rural banking, cash management, leasing and finance, remittance, insurance, cash cards, credit cards, and online and non-online brokerage services.   

BDO has the country’s largest distribution network, with over 1,500 consolidated operating branches and more than 4,400 ATMs nationwide. It also has 16 international offices (including full-service branches in Hong Kong and Singapore) in Asia, Europe, North America, and the Middle East. 

The Bank also offers digital banking solutions to make banking easier, faster, and more secure for its clients. 

BDO ranked as the largest bank in terms of total assets, loans, deposits, and trust funds under management based on published statements of condition as of December 31, 2021. For more information, please visit www.bdo.com.ph. 

BDO is regulated by the Bangko Sentral ng Pilipinas with contact number (+632) 8708-7087 and with email address consumeraffairs@bsp.gov.ph, and webchat at www.bsp.gov.ph.

For concerns, please visit any BDO branch nearest you, or contact us thru our 24x7 hotline (+632) 8631-8000 or email us via callcenter@bdo.com.ph.



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