MANILA, PHILIPPINES – Bayad, the pioneer and most trusted brand in the outsourced payment collection system in the Philippines beefs up its partnership with Peppermint Innovation, an Australian company with a fintech enterprise arm in the Philippines that provides innovative, convenient, and easy-to-use payment technology platforms.
Under the partnership, Bayad will continue to boost the bill payment services of Peppermint Innovation through its mobile application Bizmoto. The Bizmoto App can both be accessed by direct users as well as accredited agents who will enable a one-stop-shop bills payment solution in their respective communities.
As Bayad and Peppermint Innovation recalibrated to a more robust system integration, the number of billers is expected to increase in the Bizmoto app, and process real-time and seamless payment transactions. Today, Bizmoto App already accepts payments for electric and water utilities, cable and internet, government contributions, loan payments, credit cards, school tuition fees, online shopping, insurance, and many others.
In addition, Peppermint will also soon be able to issue a Visa or pre-paid Visa card directly linked to a Bizmoto wallet, thereby empowering recipients to make regular e-commerce and online transactions.
Peppermint Innovation Managing Director and CEO, Christopher Kain said “Through our strengthened partnership with Bayad, we are able to further deliver on our commitment of amplifying digital financial inclusion in the Philippines. We are thrilled to see the heights that we are yet to reach as we share the same commitment with Bayad in bringing convenient and reliable financial services for to more Filipinos.”
“Bayad’s endorsement of our Bizmoto App as an ‘easy, go to, 24/7 access platform’ reflects Peppermint’s objective of being a convenient and easy-to-use bills payment facilitator for Filipinos,” added Kain.
Bayad President and CEO, Lawrence Y. Ferrer also shared, “We are one with Peppermint Innovation in enabling convenient and reliable financial products and services. We will further intensity our partnership as we scale up our real time bills payment services in the Bizmoto App. Ultimately, all our efforts in Bayad are anchored on our mission of providing quality of life by bridging people and businesses as we help accelerate the country’s economic recovery.”
For financial institutions and digital enterprise like Peppermint Innovation 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.
