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Wednesday, May 29, 2024

BillEase integrates QRPh standard, expands flexible installment plans

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Consumer finance app BillEase said Monday it launched its integration with QRPh, the national QR code standard.

The new feature, through a strategic partnership with Asia United Bank (AUB), will enable BillEase users to have a seamless checkout experience.

It said that with the QRPh feature, BillEase users can seamlessly scan any P2M QR code and utilize their credit limit to pay for online and offline purchases.

This expands the payment options for customers, allowing them to transact at any QRPh-accepting merchant while enjoying the benefits of BillEase’s flexible installment plans, whether choosing the convenience of pay later or the increased spending power of BillEase’s Limit Boost.

“We’re thrilled to finally bring QRPh to our customers, unlocking more opportunities for them to conveniently scan and pay wherever QRPh is accepted,” said Kurt Molina, BillEase’s head of merchant products.

“By offering QRPh, both for in-store purchases and online transactions, we’re delivering on our promise to provide Filipinos with flexible payment options through our pay later and installment products. Now, our users can enjoy a seamless checkout experience anywhere they shop, whether it’s at a physical store or an e-commerce site,” said Molina.

The new feature will also enable merchants to tap into a wider customer base that favors digital payments, speeding up transaction times and reducing the operational hassles associated with cash handling.

“It’s a win-win: consumers enjoy the ease of use, and merchants benefit from streamlined operations and potentially higher sales from our customers,” Molina said.

“Our QRPh integration opens the door to all merchants. Clients can finance anything, from small daily needs with 0% overpayment, to improving life quality purchases with flexible installments,” said Ivan Grytsenko, vice president for POS business at BillEase.

“By merging our innovative ‘buy now, pay later’ [BNPL] solutions with QRPh, we’ve created a powerful platform that will undoubtedly accelerate merchant and consumer adoption of cashless transactions nationwide,” said Grytsenko.

“QRPh also opens up exciting new possibilities for our consumers and partners by unlocking a world of seamless cross-platform payments and immersive shopping experiences,” said Grytsenko.

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