Philippine Airlines Inc. (PAL) and First Digital Finance Corporation (FDFC) which operates the buy now, pay later (BNPL) app BillEase, recently announced the roll-out of their joint “Fly Now, Pay Later” program allowing customers to book airline tickets now and pay over time.
BillEase, a flexible alternative to credit cards and e-wallets, enables customers to apply for a point of sale loan and pay over 3, 6, 9, or 12 monthly installments. The BNPL service is card-free and does not require customers to sign up for a credit or a debit card. Customers will know how much they will pay with an affordable interest rate and no hidden fees.
PAL customers only need 1 valid ID when signing up and get approved in less than 5 minutes to complete their booking. Customers are shown the actual amounts including the exact date of installments and a disclosure statement before completing the purchase. The first installment is not due until 15 days or 30 days after the trip is booked.
“We are proud of our partnership with BillEase. This latest service innovation using a card-free installment solution adds more flexibility to our flight booking process,” said PAL SVP for Sales and Marketing Oscar ‘Ren Ren’ Reyes.
“This latest offering is part of our goal to provide customers a transparent and flexible way to pay. Travelers can now enjoy an installment plan when they’re booking their tickets, removing some of the hassle and added costs of planning a trip during the new normal,” he stressed.
“BillEase is all about providing a smart alternative to financing large purchases including airline tickets,” said Georg Steiger, CEO, and Co-Founder of FDFC. “We’re excited to enable customers to book their flights with a hassle-free payment option. Our partnership with PAL is focused on providing what customers need and delivering a differentiated customer experience for travelers.”