Bayad, a pioneering brand in outsourced bills payment collection and now a full-service fintech company, has partnered with MyEG, a leading provider of online automation and government payment services in Malaysia and the Philippines.
Under this collaboration, MyEG Philippines will integrate its biller brands with Bayad, enabling Bayad’s physical and digital touchpoints to accept payments for various government institutions including Landbank of the Philippines – Link Biz, Securities and Exchange Commission (SEC), Philippine Economic Zone Authority (PEZA), Tourism Infrastructure and Enterprise Zone Authority (TIEZA), Department of Health - Metro Manila Center for Health Development (DOH-MMCHD), Subic Bay Metropolitan Authority (SBMA), and various Local Government Units (LGUs).
Lawrence Y. Ferrer, Bayad President and CEO, emphasized, “Financial inclusion plays a crucial role in restoring the country’s economic growth. As industry leaders, we stand with MyEG Philippines in providing accessible payment solutions through Bayad Centers, partner establishments, and our mobile apps – the Bayad App and Bayad Online. Our efforts at Bayad aim to simplify payment experiences for Filipinos, contributing to their improved quality of life.”
Ann T. Saldaña, President and CEO of MyEG Philippines, added, “MyEG Philippines remains committed to digitalization and facilitating seamless government transactions. Through our partnership with Bayad, we aim to offer convenient payment options that empower Filipinos to secure their financial future by settling government contributions, permits, and crucial documents in real time.”
“We are aligned with Bayad’s goal of enhancing financial inclusion and building trust among stakeholders,” Saldaña concluded.
For fintech institutions interested in joining Bayad’s extensive bills payment network, please contact partnerships@bayad.com. Bayad offers nationwide presence and comprehensive support services for efficient payment and collection processing.
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