BAYAD Strikes Alliance with PISOPAY.com, Powering Bills Payment Services

Bayad, the pioneer brand in the outsourced payment collection system in the Philippines, beefs up its partnership with Pisopay.com Inc., a cloud-based financial application provider taking a more aggressive stance in the e-commerce industry through its remittance and bills payment services.

Under the partnership, Pisopay.com will integrate its biller brands with Bayad, allowing Bayad's physical and digital touchpoints to accept payments for government institutions like Bureau of Quarantine, LTFRB, and selected LGUs nationwide, academic institutions like Philippine Merchant Marine Academy, National Maritime Polytechnic, Baliwag Maritime Academy and Scuola Maria in Batangas, e-commerce business like Palengke.PH, and many others.

Bayad President and CEO Lawrence Y. Ferrer shares "We value the way people do payments, and we make sure to highlight security and convenience in our collection service. This is why we are constantly maximizing our cybersecurity measures and upgrading our real time posting features to enhance end to end transaction processing. Through our partnership with Pisopay, we believe that we will be able to serve Filipinos from all walks of life as we elevate their payment experience"

Pisopay.com Chairman Jae Jung Jang also shares: "Pisopay is your worry-free financial partner, powering businesses with fast, secure payments, collection, and remittances. We're a one-stop shop, simplifying complex finances through trusted technology. Let us handle your money worries so you can focus on what matters. We respect the value of your hard work, and the least of your worries will be how your transaction is treated, and with our partnership with Bayad, we are assured of double security and a wider reach to our clients nationwide, especially to communities that are unbanked, providing a seamless service, wherever and whenever."

For fintech institutions like Pisopay.com that are interested to be part of Bayad's extensive bills payment collection 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.

About Bayad

Bayad is the pioneer and trusted brand in the outsourced payment collection service in the Philippines, aggregating a multitude of billers into a robust system that is now being used by over 400,000 physical touchpoints as well as millions of customers of leading digital and mobile platforms across the country. Formerly known as Bayad Center, it continues to trailblaze the industry as it evolves from an over-the-counter payment center into a full-service fintech company, offering a whole suite of financial products & services available to both consumers and businesses.

About Pisopay.com

Pisopay.com is a financial technology company that empowers businesses with seamless financial solutions. Regulated by the Bangko Sentral ng Pilipinas, it's a one-stop shop for fast and secure remittances, integrated yet simplified payments through a secure cloud-based platform, and end-to-end payment capabilities.

The company is an innovator in the financial technology industry. It is a trusted payment platform that provides a secure and convenient solution that empowers organizations to offer financial and payment services. In a fast-paced business environment, Pisopay offers a reliable client-centric approach via dedicated knowledge of clients' business needs and requirements.