Mocasa’s Buy Now Pay Later payment service launches in the Philippines

Manila, Philippines, January 21, 2022 /PRNewswire/ — Mocasa (“the Company”), an international fintech platform providing personalized financial services, officially launched its proprietary Buy Now Pay Later (BNPL) services in The Philippines in December 2021, providing consumers with a mobile payment option for pay with credit in advance and reimburse the invoice at a later date.

MOCASA, payment on credit for the majority.

Mocasa is an application that can be easily downloaded from Google Play for Android phones. It works with thousands of online and offline merchants such as stores, restaurant franchises and cinemas. Users can browse favorable stores listed on the Mocasa app and pay with economy credit payment option – BNPL – via QR code. No interest is charged in the billing cycle. Cash transactions or bank quality are also not necessary. On the Mocasa app, users can simply shop online, top up their phone, or pay for food in store, all in one place.

To activate Mocasa credit, users must go through a simple know-your-customer (KYC) process and be approved in just a second. Unlike most credit providers, Mocasa guarantees that most users will be granted a line of credit to start building their credit profile.

“Mocasa aims to disrupt the credit card industry by enabling credit services to the majority of Filipinos,” said Julian Dog, Mocasa COO. “We have observed that the majority who deserve better financial services are kept outside of traditional financial institutions. Mocasa ensures that most users in The Philippines receive a line of credit and helps them build a lifetime credit profile with a good repayment history.”

Rather than encouraging users to take on more debt, Mocasa appropriately adjusts the line of credit based on analysis of users’ daily purchases and repayment behavior, to help users manage a healthy budget and adopt good repayment habits.

While Mocasa BNPL helps relieve the financial pressure of consumers, it also benefits merchants. It is an ideal place for companies wishing to develop their sales. The company is experienced in acquiring millions of daily active users. The AI ​​algorithm refers a large number of high-quality customers to the appropriate merchants.

Mocasa aims to build an integrated platform that connects consumers and merchants. By offering “buy now, pay later” services, it wants to better serve the public and becomes a true mobile home as its name suggests.

To learn more about Mocasa BNPL or download the app, go to: https://www.mocasa.com/

SOURCE Mocasa Group

About Matthew R. Dailey

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