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Bayad and Ventaja, advancing digital financial solutions for overseas Filipinos

In order to make greater progress in the country’s digital payment transformation, CIS Bayad Center, Inc. (Bayad), a pioneering brand in outsourced payment collection systems and a full-service fintech subsidiary of Meralco, officially renewed its partnership with Ventaja International Corp . is a fintech organization that started as a telecom prepaid card provider for overseas Filipino migrant workers and now provides various financial services such as remittances, top-ups and bill payment services to the government and household utilities. Among them, Bayad’s powerful bill aggregation system provides support.

Bayad brings Meralco, Autosweep, Easytrip, SSS and many other billing brands to Ventaja’s mobile app money transfer and through Ventaja’s domestic and international payment centers. With this, even Filipinos abroad can help settle household bills in the Philippines while paying regular government contributions.

Lawrence Y. Ferrer, President and Chief Executive Officer of Bayad, said: “We continue to expand our payments footprint globally and our goal is to enhance our payments experience. fellow countrymen. Our goal is to improve their financial well-being and help them seamlessly resolve their household bills in the Philippines while investing in their future through government contributions.

“Together with Ventaja, we help overseas Filipino workers strengthen their connections with their hometowns, and we value every story of our hard work. fellow countrymen “They have to gain experience before they can meet the needs of their families,” Ferrer added.

Ventaja President and Chief Executive Officer Vincent D. Gray also said: “We are excited and grateful for our renewed partnership with Bayad as we both maximize the opportunity to provide enhanced payment services to overseas Filipinos. This way we can further promote financial inclusion and help boost the country’s economic growth.”

For fintech institutions like Ventaja interested in becoming part of Bayad’s broad access network, you can send an email to [email protected]. Bayad enables partners to operate across the country and provides end-to-end support for efficient payment and collection processing.

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