BDO, Bayad expand payments partnership

BDO Unibank Inc., the largest lender led by the Sy Group, said Thursday it teamed up with Bayad, the biggest multi-channel payment platform in the country, to expand the roster of bills customers can pay through various BDO channels.

Bayad is seen to boost the bills payment capability of BDO, by allowing Meralco Postpaid, Prepaid (KLoad) and Radius Telecoms customers to pay their bills with real-time posting through BDO’s over 1,500 branches nationwide and BDO Online Banking channel.

The partnership delivers greater convenience and accessibility to the growing users of Meralco Postpaid, Prepaid (KLoad), and Radius Telecoms nationwide with Bayad as a bills payment partner.

Both Bayad and BDO are expanding their bills payment network to make transactions faster, more convenient and safer for customers in light of the pandemic. BDO Cash Management Services head Carlo Nazareno said in a statement the bank was cognizant of how convenience plays a crucial role in customer experience.