Bayad Bags Excellence Awards

Bayad made a complete sweep after being conferred with two Excellence Awards during the Pag-IBIG Fund Chairman's Report, held on March 28, 2023 at SMX Convention Center in Pasay City.

Having served the highest contribution on Pag-IBIG Fund’s payment transactions and amount collected for 2022, Bayad was then recognized as a Top Collecting Partner for the Non-Bank Category on its fourth consecutive year. 

Anchored on Pag-IBIG Fund’s continuous promotion of online payments, Bayad has been proactive in  enabling its members to conveniently settle their home loan contributions not only thru Bayad Centers, and its partner network establishments such as leading  supermarkets, department stores, convenient stores, pawnshops, courier services, self-service payment machine providers, banks, and financial institutions, but also through its digital partners, and its own mobile-based application - Bayad App, as well as its web platform – Bayad Online. 

Bayad President and CEO, Lawrence Y. Ferrer underscored “Our drive for excellence is directed towards the belief that Filipinos deserve to be rewarded for their hard work. We share this award with fellow Filipinos who understand the deeper meaning for every payment and contribution made, which is the comfort and peace of mind, for them and their loved ones.”

 (L-R): Pag-IBIG Fund Vice President and Head of Compliance & Chief Legal Counsel – Atty. Marcial C. Pimentel Jr., Pag-IBIG Fund Deputy Chief Executive Officer for Member Services Cluster – Alexander Hilario G. Aguilar, Bayad Biller Solutions Manager for Government Accounts - Barbara V. Romero, Pag-IBIG Fund Chief Executive Officer – Marilene C. Acosta, Bayad VP & Group Head for Regional Operations and Biller Solutions – Meinard D. Cruz, Bayad Biller Solutions Account Officer Jenjane F. Villanueva, Pag-IBIG Deputy Chief Executive Officer for Support Services Cluster - Atty. Robert John S. Cosico, and Pag-IBIG Acting Deputy Chief Executive Officer for Home Lending Operations Cluster - Benjamin R. Felix, Jr.

”We are one with Pag-IBIG in helping our kababayans fulfill their dream of owning a home.”, added Ferrer. 

For government, financial, and banking institutions that are interested to be part of Bayad’s extensive channel 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. 

 

Bayad Bags Pag-IBIG Fund’s Top Collecting Partner Awards

Bayad was recently recognized as Pag-IBIG Fund’s Top Employer Remittance Collecting Partner and Top Individual Payor Collecting Partner for 2021, during the Pag-IBIG Fund Chairman’s Report held last February 23, 2022.

Gaining almost a million increase in transaction volume covering both digital and over-the-counter payments from 2020 to 2021, Bayad and Pag-IBIG Fund’s partnership has sparked a conversation on the future of payments.

(L-R): Mr. Chito P. Inza – Cruz, Bayad Chief of Products, Mr. Francispito P. Quevedo - Bayad Senior Vice President and Chief Operating Officer, Mr. Lawrence Y. Ferrer - Bayad President and CEO, Mr. Aldous N. Brigino - Bayad Strategic Partnerships and Alliances Head, and Mr. Dennis G. Gatuslao – Bayad Chief Commercial Marketing Officer.

Currently, Pag-IBIG Fund members can settle their payment and remittance transactions through Bayad’s 92,000 physical touchpoints inclusive of Bayad Centers and Bayad Partners. Aside from this, downloading the Bayad Mobile App or accessing Bayad Online directly on the internet, makes it possible for Filipinos to transact wherever they may be.

Putting a spotlight on these service solutions, Bayad is shaping sustainable processes not only for private corporations, but also for government institutions like Pag-IBIG Fund.

Bayad President and CEO, Lawrence Y. Ferrer shared “Despite, the impediments brought about by the pandemic, our partnership with Pag-IBIG Fund strengthened as we ensure that no hardworking Filipino is left behind in a growing digital economy. Our transaction volume has significantly increase, which only proves that we are on the right track in keeping pace with the times and the people we serve.”

In the years ahead, Bayad will continue to acquire more channel partners to serve millions of Pag-IBIG Fund member. This will enable a wider array of bills payment services including electric utility, water utility, e-loading, insurance, electronic toll collection, airline booking, medical reimbursements, and other governmentservices.

Moreover, Bayad has upgraded its digital infrastructure and cybersecurity measures, making transactions with Pag-IBIG Fund protected and seamlessly settled with real-time posting.

Ultimately, Bayad has continued to collaborate with Pag-IBIG Fund in the pursuit of building a financially resilient society.

As catalyst for economic development, Bayad is committed to elevate not only the payment experience itprovides, but also to usher in the rise of public initiatives that will help Filipinos navigate new opportunitiesand adapt with the uncertainties posed amidst the time of pandemic.