Pioneer outsourced payment collection solutions Bayad beefs up its partnership with Peppermint Innovation, an Australian company with a fintech enterprise arm in the Philippines that provides innovative, convenient, and easy-to-use payment technology platforms.
Under the partnership, Bayad will continue to boost the bill payment services of Peppermint Innovation through its mobile application Bizmoto. The Bizmoto App can be accessed by direct users and accredited agents who will enable a one-stop-shop bill payment solution in their respective communities.
As Bayad and Peppermint Innovation recalibrated to more robust system integration, the number of billers is expected to increase in the Bizmoto app and process real-time and seamless payment transactions. Today, Bizmoto App already accepts payments for electric and water utilities, cable and internet, government contributions, loan payments, credit cards, school tuition fees, online shopping, insurance, and many others.
In addition, Peppermint will soon be able to issue a Visa or pre-paid Visa card directly linked to a Bizmoto wallet, empowering recipients to make regular e-commerce and online transactions.
Peppermint Innovation Managing Director and CEO Christopher Kain said, "Through our strengthened partnership with Bayad, we can further deliver on our commitment to amplifying digital financial inclusion in the Philippines. We are thrilled to see the heights we are yet to reach as we share the same commitment with Bayad in bringing convenient and reliable financial services to more Filipinos."
"Bayad's endorsement of our Bizmoto App as an 'easy, go to, 24/7 access platform' reflects Peppermint's objective of being a convenient and easy-to-use bills payment facilitator for Filipinos.". added Kain.
Bayad President and CEO Lawrence Y. Ferrer also shared, "We are one with Peppermint Innovation in enabling convenient and reliable financial products and services. We will further intensify our partnership as we scale up our real-time bill payment services in the Bizmoto App.