BillEase Partners With iPay88 to Accelerate BNPL Acceptance for Merchantsby Fintech Philippines March 1, 2023
BNPL and consumer finance app BillEase has partnered with Malaysian payment gateway provider iPay88 to provide merchants with flexible payment options for their customers.
This is made possible through BillEase’s easy-to-implement integration stack which enables enterprises to grow their businesses and offer their customers BNPL payment options through this partnership.
The integration stack is powered by Singapore-based technology company OpenFabric, enabling iPay88 to quickly and easily integrate BillEase’s payment methods. The integration allows the merchants’ technical teams to deploy a BNPL solution in 1-3 days.
Through this partnership, online and offline retailers will now be able to offer shoppers three installment options at checkout.
This includes Pay Later in 10 or 20 days, Pay in 4 installments for small-to-medium ticket purchases, and Pay Monthly over three, six, nine, or 12 months for big purchases with interest rates between 0% or 3.49 percent.
Since its launch in 2017, BillEase has over 3,000+ merchant partners in various sectors and is offered by nine major payment gateways across the region.
Georg Steiger, CEO and Co-Founder of BillEase said,
“This partnership highlights our shared values of providing light and easy payment options for retailers and their customers.
With iPay88, BillEase can offer inclusive options for retailers, especially enterprises, to help them grow and thrive even more.”
Lim Kok Hing, CEO and Co-Founder of iPay88 added,
“Today’s announcement marks a significant milestone for iPay88 in the Philippines.
This affirms our commitment to bringing innovative payment solutions to enable greater convenience and ease of payment for both consumers and merchants.”