Consumer finance and Buy Now, Pay Later (BNPL) platform BillEase has announced Billease Deals today, a marketplace for sellers to list for free while shoppers arrive with pre-approved credit.

Deals, which was available only in the Billease app in the past, can now be accessed publicly through deals.billease.ph, running on any browser.

The distributor On Deals sets the price, lists the product, and handles fulfilment and delivery. Billease, meanwhile, focuses on bringing the shopper and provides instalment financing upon checkout. Billease only earns when the customer opts to pay in instalments.

Kurt Molina, the Head of POS Products at Billease, shared,

“In the Philippines, the number a shopper actually decides on is the monthly payment. That is how households budget, whether it is a phone or a refrigerator. Most online stores show the full price first and the instalment last, buried at checkout, after the shopper has already decided themselves out of it.

Deals flips that order. The shopper lands on the product page already knowing their credit limit, so when a brand runs a 0% promo, the person seeing it knows on the spot that they can afford it.”

Instalment purchases are subject to credit approval, and a 0% downpayment applies to eligible items. Terms and conditions may apply too.

Featured image edited by Fintech News Philippines based on an image by magnific on Magnific