Bayad, a full-service fintech company and the country’s authority in bill payment has established a partnership with Glyph, one of the largest mobile and web service providers in the Philippines that enables loading, data analytics, and delivery applications for various businesses.
Through the partnership, Bayad will beef up the bill payment capability of Glyph, helping it power its e-commerce distributor channel, HanepBuhay.
With 46 store branches nationwide, otherwise known as Negosyo Centers, Hanepbuhay will now enable one-stop-shop payment solutions covering basic utilities such as electricity and water, cable & internet, government contributions, and loan payments, school tuition fees, online shopping, insurance, and many others.
Furthermore, Bayad President and CEO, Lawrence Y. Ferrer emphasized Bayad’s real-time payment posting feature as he shared, “We at Bayad are always looking for new ways to streamline processes that will enhance the customer experience. We leverage the use of real-time electronic payments as we aim to provide convenience to our customers and drive forward digital financial literacy in the ever-changing economic landscape.
Ferrer added, “We partnered with Glyph to make financial services more accessible to Filipinos as we aim to achieve an optimal level of financial inclusion.”
Glyph President and CEO Mr. Gerardo Amisola also shared “Through our partnership with Bayad, we are confident that we will be able to provide our distributors with opportunities to advance their payment systems, making them more accessible for Filipinos. Our partnership plays a pivotal role in educating more communities on the efficiency and convenience of adapting to digital financial solutions.”