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Business

BillEase offers 0% installment plan for new clients

Lawrence Agcaoili - The Philippine Star

MANILA, Philippines — First Digital Finance Corp. (FDFC) is offering zero interest installment plan for up to six months for new customers doing their pre-Christmas shopping rush.

Through its buy now, pay later app BillEase, participating merchants will offer customers a zero interest installment plan for up to six months with required upfront payment of only one-third.

The offering is available to all customers who will sign up with BillEase during the promo through a participating merchant’s checkout page.

FDFC co-founder and chief executive officer Georg Steiger said the financial technology company, which creates disruptive and innovative products in retail credit for Southeast Asia, is thrilled to offer this limited zero percent installment offering for Filipinos to support their holiday shopping and the merchants’ ongoing holiday campaigns.

“This program builds on the already strong offering of BillEase as a buy now, pay later app and provides more flexibility and options for shoppers,” Steiger said.

The offering is valid until Nov. 30 for the Black Friday and Cyber Monday as well as from Dec. 11 to 17 for the pre-Christmas shopping rush.

To meet the strong consumer demand during the holidays, BillEase has been continuously expanding its installment product which now includes a short-term interest-free plan called ‘Pay in 4’ launched in August 2021.

It has significantly optimized its sign-up process and approval time and customers can enjoy near real-time or within 5 minutes approval process.

Participating merchants include Vivo, Mandaue Foam, Anson’s, Western Appliances, Kimstore, JBL, Harman Kardon, OnWards, Babymama, Watch Republic, Zilingo Trade, Forum Outlet Store, Datablitz, GameOne, GameXtreme, Hedgren, DC Shoes, Res|Toe|Run, QuickSilver, TUMI, Bratpack, Rockport, Kitchen Aid, Instant Pot, Oster, Tempur, Sealy, Coleman, Levoit, ZipTop, Urban Gadgets, DecoMart, among many others.

BillEase is currently partnered with over 300+ merchants and has strategic partnerships with major payment processors such as 2C2P, Xendit, Paynamics, Dragonpay, and UBX Philippines’ Bux, whose merchants are also set to offer the promo.

FDFC is regulated by the Securities and Exchange Commission as a financing company and by the Bangko Sentral ng Pilipinas as operator of payment system.

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