The top-rated buy now, pay later (BNPL) and consumer finance app, Billease, has joined forces with award-winning payment gateway provider, iPay88, to provide merchants with flexible payment options for their customers. Together they aim to revolutionize the BNPL market for enterprises across the country.
The partnership will bring a new level of convenience to both consumers and merchants. Online and offline retailers will now be able to offer shoppers three installment options at checkout, including Pay Later in 10 or 20 days, Pay in 4 installments for small-to-medium ticket purchases, and Pay Monthly over three, six, nine, or 12 months for big purchases with interest rates between 0% or 3.49 percent – the cheapest rate in the country.
Since its launch in 2017, BillEase has over 3,000+ merchant partners in various sectors, including electronics, home needs, health and wellness, education, food, fashion, and others. It is offered by nine major payment gateways across the region, making it the most accessible BNPL app in the Philippines.
Made possible with BillEase’s easy-to-implement integration stack, enterprises can expect to grow their businesses and offer customers a convenient and hassle-free shopping experience through this partnership.
Powered by Singapore-based technology company OpenFabric, the integration stack enabled iPay88 to quickly and easily integrate BillEase’s payment methods. While the usual integration takes months to complete, the Open Fabric integration allows merchant technical teams to deploy a BNPL solution in just 1-3 days, hence saving about 95% of developer time.
BillEase is a versatile finance app that provides a range of financial services such as personal loans, e-wallet top-ups, prepaid load, gaming credits, bills payment, and a unique shop now, pay later service. This innovative feature allows customers to avail of installment plans even without a debit or credit card, making BillEase the go-to app for financial services.
iPay88, a leading regional payment gateway provider, has been providing innovative payment solutions to successful businesses in the e-commerce and m-commerce space since 2012. With its extensive reach across the Philippines, iPay88 is the perfect partner to bring BillEase’s BNPL services to more merchants in the Philippines.
