Bayad, formerly Bayad Center, and the pioneer brand in the outsourced bills payment collection service in the Philippines, beefs up its partnership with Dragonpay Corporation, a leading alternative online payment gateway provider in the country.
Under the strategic partnership, Bayad enables customers of accredited Dragonpay merchantsto cash-in their payments at over 600 Bayad Center and Bayad Partner branches nationwide. At the same time, Dragonpay merchants can also disburse their income funds at the said payment touchpoints.
“We have seen remarkable strides in the adoption of e-commerce in the Philippines as several financial institutions work together to boost the country’s payment gateway landscape. We partnered with Dragonpay, sharing our mission of empowering both consumers and businesses through convenient, secured, and seamless payment and remittance transactions,” Bayad President and CEO Lawrence Y. Ferrer shared.
“At Dragonpay, we believe in empowering businesses of all sizes by providing them with accessible and reliable payment solutions. Our partnership with Bayad aligns with our mission to drive financial inclusion in the Philippines by offering more convenient cash-in and disbursement options nationwide. Together, we are creating opportunities for merchants and consumers alike, fostering growth in the e-commerce space and contributing to a more inclusive economy,” Dragonpay CEO and Founder Robertson Chiang also shared.
Bayad, formerly Bayad Center, is the pioneer brand in the outsourced bills payment collection service in the Philippines, aggregating a multitude of billers into a robust system that is now being used by leading establishments and electronic money institutions across the country.
Dragonpay is the pioneer in alternative payments in the Philippines empowering businesses of all sizes, allowing them to accept and disburse payments through secure and convenient channels giving their customers the flexibility to choose the payment method that’s right for them.
Today, Dragonpay supports over 3,000 merchants and partners with more than 85 payment channels offering 35,000 branches nationwide. Having processed over 300 million transactions, Dragonpay continues to connect online Filipinos across the globe.
