Over the past two years, usage of quick response (QR) codes saw a significant increase because of its safety and convenience features. Today, QR codes have quickly become the more frequent and preferred method of payment for consumers as it offers less contact and faster online or offline transactions.
While some critics believe that QR usage will naturally decline as our “contact worries” ease, there are data claims that it will continue to grow stronger. Some research firms even suggest that QR code scanning usage can increase up to 99.5M by 2025. According to a research done by Statista Research, 31% of respondents in the Philippines indicated that they used QR codes to make payments in 2021. This number is set to have grown bigger in 2022.
This year, more Filipinos can now shop in cardless installments at offline stores nationwide using QR codes bringing in-store shopping experience to the next level.
Launched in the 2nd quarter of 2022, BillEase in-store QR code aims to extend financial inclusion to underserved Filipinos and help merchants thrive by offering alternative payment options in the offline segment. After less than a year, the number of partner merchants has seen drastic growth and now sums to nearly 1,000 shops in Luzon, Visayas, and Mindanao.
Skipping the usually tedious credit card application process, BillEase app users can shop and avail of services in cardless installments at partner merchants. These include home essentials and furniture partners such as Ofix PH, WarehouseDad, and KitchenAid. Health and fitness partners include Gold’s Gym and Olympic Village while fashion and beauty brands include BNY Jeans and Giordano among others. BillEase in-store QR code can also be used to pay in easy installments at food and beverage partners such as Pancake House. Meanwhile, tech geeks can also shop at electronic partners such as DataBlitz and Power Mac Center.
For a complete list of in-store BillEase merchants, simply visit https://billease.ph/shops/.
With an approved account and initial credit limit, in-store customers can shop at any partner store. Follow these simple steps to complete your BillEase scan now, pay later experience:
Aside from in-store QR shopping, BillEase offers a range of financial services such as personal loans, e-wallet top-ups, prepaid load, gaming credits, and a customizable shop now, pay later option in interest-free or interest-bearing installment plans.