Bayad and MemoXpress boost real-time bill payment

Bayad powers the bill payment capability of MemoXpress to allow its valued customers to settle their payment transactions at any of its nearby branches. CONTRIBUTED PHOTO

The country’s largest bill aggregator and broadest multi-channel payment platform, Bayad, understands the importance of paying bills on time, which is why it continues to increase its payment touchpoints to make transactions more accessible to all Filipinos.

With this in mind, Bayad is partnering with Mind Alliance Ventures Inc., commercially known as MemoXpress (MX) and Jr. MemoXpress, to become part of its growing network.

MemoXpress is one of the largest smartphone retailers in the Philippines that has been in the industry for over 20 years and has over 300 stores in major cities and towns across the country.

Formalizing its mutual commitment with Bayad, MemoXpress will enable its customers to have access to a wide range of financial products and services, including Meralco bill payments and various public services, ticketing, electronic toll service recharge, insurance, loan payments, telecommunications services and medical services, among others.

This partnership will pave the way for closer and simpler financial services for more Filipinos, especially as Bayad delivers real-time payment value and improves payment efficiency amid this pandemic.

“This marks an important milestone for all of us at MemoXpress. We are very pleased to partner with Bayad to help our customers make payments with ease and convenience at our branches nationwide,” said Edward Tan, Vice President of Operations at MemoXpress.

Bayad President and CEO, Lawrence Ferrer, said, “By partnering with MemoXpress, we continue to grow our channel partner network, providing customers with an additional way to pay for their bills, saving them time and money; improving their financial experience.

With over 90,000 on-site payment touchpoints nationwide, Bayad pursues its mission to provide innovative, efficient and accessible payment solutions to everyone.

For those interested in becoming part of Bayad’s extensive channel network, email [email protected]

About Matthew R. Dailey

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