Billease has expanded its platform to include an Everyday Spend Credit feature. The company is allowing customers to use their credit line for daily purchases via QRPh and NFC tap-and-pay transactions. The update provides users with two flexible repayment options for their spending.

The first option is a Pay Later function. It allows customers to settle their purchases by their next payday. The function also includes zero interest and zero fees.

The second option allows users to convert any purchase into manageable monthly instalments at any time before their due date.

Billease states that it charges interest only on the remaining balance and has no conversion or new instalment fees. Over 600,000 merchants nationwide accept the service at terminals that support QRPh or tap-and-pay.

Georg Steiger, CEO and Co-founder of Billease, noted that this is an expansion of their existing services.

“Since we rolled out QRPh support in 2024, our customers have been able to use Billease anywhere QRPh is accepted. Now, we’re taking it further with Pay Later flexibility,” Steiger said.

Kurt Molina, Head of POS Products at Billease, added that the goal is to create a credit experience that’s as universal as a card but more transparent and customer-centric.

The company positions this feature as an alternative to traditional credit lines that may require tedious top-ups or have hidden charges.

The new functions are part of Billease’s strategy to provide flexible credit tools that can be integrated into the daily financial activities of consumers in the Philippines.

Featured image by Billease.