Bayad Brings Real-Time Meralco Payments to 7-Eleven CLiQQ Kiosks

 Busy lifestyles have led a lot of Filipinos to rely on doing one-stop-shop errands at convenience stores like 7-Eleven. Apart from buying goods, ready-to-eat cooked meals, and beverages, Meralco bills can also be paid at 7-Eleven CLiQQ Kiosks, available in over 4,100 branches nationwide.

Apart from enabling 24/7 payments at the ease of your own neighborhood, 7-Eleven has partnered with Bayad, accelerating Meralco payments from 24 hours to real-time or instantaneous posting. This will greatly benefit more Filipinos as it allows them to pay on time, and avoid overdue bills or disconnection notices.

Bayad, formerly Bayad Center and the pioneer brand in the outsourced bills payment collection service in the Philippines, is now a full-service fintech subsidiary of Meralco.

Apart from Meralco, Bayad has also activated Red Fiber, Metropolitan Manila Development Authority (MMDA), and National Housing Authority (NHA) in the CLiQQ Kiosk’s biller network.

On top of these, Bayad is also expected to bring in more electric and water utility brands, government fees and contributions, tollway RFID, insurance, loans, tuition fees, and many others. Ultimately, Bayad’s partnership with 7-Eleven underscores modern convenience and digital innovation, fulfilling its shared mission of making daily lives easier for Filipinos.

Bayad President and CEO Lawrence Ferrer underscored,“Our world moved faster than we could have imagined. We at Bayad had to swiftly up our game in expanding our payment channels as we cater to the demand of providing more accessible and secured bills payment services for our kababayans who are noticeably always on the go and are becoming more and more tech-savvy. Our partnership with 7-Eleven allowed us this opportunity, highlighting our shared vision for financial consumer empowerment and driving economic growth in the country.”

7-Eleven Managing Director for Digital, Jose C. Ang, shared, “As we celebrate our 40^th year in the industry, this partnership with Bayad allows us to continue to stay true to 7-Eleven's thrust to continuously innovate modern convenience and enhance customer experience. We are excited to keep serving our communities and uphold our mission of being ‘the neighbor you can count on.”

For fintech and retail institutions like 7-Eleven that are interested in being a part of Bayad’s extensive payment channel network, you may send an email topartnerships@bayad.com. Bayad enables partners to attain nationwide presence and provides end-to-end support services for efficient payment and collection processing.

Bayad Center, Inc., welcomes the Food and Drug Administration (FDA) as part of its growing biller network

CIS Bayad Center, Inc., the country’s biggest and widest multi-channel payment platform, welcomes the Food and Drug Administration (FDA) as part of its growing biller network, fast-tracking the application and renewal of license-to-operate permits, as well as product registration for small and medium enterprises (SMEs). 

With the new partnership, SME owners can now pay their application fee and accomplish their license-to-operate application and product registration in over 40,000 Bayad Center touchpoints nationwide. With SMEs comprising 99% of all registered businesses in the country, this payment solution from Bayad Center and FDA provides greater accessibility, convenience, and security for thousands of Filipino entrepreneurs. The collaborative effort is likewise a response as the country grapples with the coronavirus quarantine restrictions, actively discouraging people to travel far and minimize human contact.

The recently held virtual signing ceremony was led by Bayad Center President and CEO Lawrence Y. Ferrer, COO and Senior Vice President Francispito P. Quevedo, together with several officials from the FDA headed by Dr. Rolando Enrique D. Domingo, the agency’s Director General, and Atty. Ronaldo R. De Veyra, MBA CESO II, Deputy Director General for Internal Management. 

“As the vanguards of health mandated by the government to ensure the safety of food products, pharmaceutical, cosmetics, household urban hazardous substances (HUHS), household urban pesticides (HUP), toys and child care articles (TCCA), and medical devices in the market, we are very happy to partner with Bayad Center and offer a new venue for our clients to complete their application and post their payments,” Domingo shared. “We are certain that this effort will streamline the current process and will translate to better services to the public and better availability of FDA-approved health products,” he added. 

Currently, there are approximately half a billion items registered and 80,000 establishments with licenses to operate in the FDA.  The agency said the numbers of new registrations and renewals are likely to continue increasing with payment transactions made easier and even during the pandemic. 

“Bayad Center believes that this partnership underscores our longstanding commitment to bring efficient and reliable payment financial solutions, not only for household and personal bills, but now for business applications and licenses that will help empower Filipino entrepreneurs operate more efficiently especially in this new environment we are adapting to. By providing additional payment channels for FDA, individuals who aim to start or grow their businesses can save time and energy since payments are now more accessible and convenient through our Bayad Centers and Authorized Partners.” said Ferrer. 

As the most trusted payment authority in the country,  Bayad Center continues to grow its portfolio of services, which now goes beyond payments, including domestic and international remittance, insurance sales, medical reimbursement, airline ticketing, ATM cash withdrawal, loan disbursement, airtime loading, and more.

 

For partnership inquiries, kindly email us at billeronboarding@bayadcenter.com. 

 

Bayad Center’s BAYADnihan campaign makes bills payment more meaningful

While most utility and loan companies have announced extended due dates for bills payment in consideration of the COVID-19 pandemic, those who are able to still pay on schedule can contribute to the spirit of bayanihan and help their fellows in need while still managing their finances responsibly.

Even the simple act of paying bills can be a way to help disadvantaged individuals and communities through Bayad Center’s “BAYADnihan, Tulong-tulong para sa Bayan” campaign.

This is a corporate social responsibility (CSR) initiative where a portion of payments settled from March 1 to April 30, 2020, at any Bayad Center branch or using the mobile app is donated to One Meralco Foundation.    

The funds raised will be used to distribute food for the homeless and underprivileged families whose plight has become more challenging with the threats of the health crisis and economic impact of the enhanced community quarantine. 

In support of the endeavor, Bayad Center employees are also pledging a part of their salaries to generate funds and further the cause. 

Through the “BAYADnihan” campaign, settling and managing their monthly financial obligations has become more meaningful as it opens up an avenue for the paying public to make a positive contribution to communities in their own humble way.

The biggest and most trusted multi-channel payment platform in the Philippines, Bayad Center stays true to its mission of making payments convenient and accessible to all, and more meaningful, in this time of crisis. In fulfilling this commitment, it also fuels communal solidarity among Filipinos.