BillEase, a leading consumer finance app, has announced its integration with QRPh, the Philippines’ national QR code standard, in a move to expand the adoption of installment payment options across the country. This new feature, developed in partnership with Asia United Bank (AUB), allows BillEase users to pay for both online and offline purchases using QRPh-compatible QR codes.
Kurt Molina, BillEase’s Head of Merchant Products, highlighted the convenience this new feature brings to customers.
“We’re thrilled to finally bring QRPh to our customers, unlocking more opportunities for them to conveniently scan and pay wherever QRPh is accepted,” Molina said.
“By offering QRPh for in-store and online transactions, we’re delivering on our promise to provide Filipinos with flexible payment options.”
The integration with QRPh not only simplifies the checkout process but also broadens the range of payment possibilities available to BillEase customers. Users can now utilize their credit limit to scan any QRPh P2M QR code, enabling them to enjoy the benefits of BillEase’s flexible installment plans or the pay-later option.
For merchants, this integration means access to a broader customer base that prefers digital payments, potentially speeding up transactions and reducing the complexities associated with cash handling.
Ivan Grytsenko, Vice President for POS Business at BillEase, explained the dual benefits of the integration. “It’s a win-win: consumers enjoy the ease of use, and merchants benefit from streamlined operations and potentially higher sales from our customers,” he said.
Grytsenko also emphasized the integration’s alignment with the national push towards digitization. “QRPh also opens up exciting new possibilities for our consumers and partners by unlocking a world of seamless cross-platform payments and immersive shopping experiences,” he added.
This initiative is part of the Bangko Sentral ng Pilipinas’ (BSP) broader effort to promote digital payment adoption across the Philippines. Despite the widespread use of digital transactions, cash remains prevalent. BillEase aims to bridge this gap by providing a seamless and secure alternative through QRPh’s standardized system.
Wilfredo Rodriguez, EVP and Head of Operations and Technology at AUB, expressed pride in the collaboration. “This collaboration creates a synergy between AUB’s proven expertise in facilitating secure digital payments and BillEase’s innovative BNPL solutions, ultimately delivering a best-in-class and industry-leading payment experience for Filipino consumers,” Rodriguez said.
BillEase’s QRPh integration is expected to significantly contribute to the shift towards a cashless society in the Philippines. The app, which is also the first credit-focused fintech in the country to integrate with Alipay+, is available on major payment gateways and serves over 600,000 QRPh-accepting merchants nationwide.
