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Busy lifestyles have led a lot of Filipinos to rely on doing one-stop-shop errands at convenience stores like 7-Eleven. Apart from buying goods, ready-to-eat cooked meals, and beverages, Meralco bills can also be paid at 7-Eleven CLiQQ Kiosks, available in over 4,100 branches nationwide.
Apart from enabling 24/7 payments at the ease of your own neighborhood, 7-Eleven has partnered with Bayad, accelerating Meralco payments from 24 hours to real-time or instantaneous posting. This will greatly benefit more Filipinos as it allows them to pay on time, and avoid overdue bills or disconnection notices.
Bayad, formerly Bayad Center and the pioneer brand in the outsourced bills payment collection service in the Philippines, is now a full-service fintech subsidiary of Meralco.
Apart from Meralco, Bayad has also activated Red Fiber, Metropolitan Manila Development Authority (MMDA), and National Housing Authority (NHA) in the CLiQQ Kiosk’s biller network.
On top of these, Bayad is also expected to bring in more electric and water utility brands, government fees and contributions, tollway RFID, insurance, loans, tuition fees, and many others.
Ultimately, Bayad’s partnership with 7-Eleven underscores modern convenience and digital innovation, fulfilling its shared mission of making daily lives easier for Filipinos.
Bayad President and CEO Lawrence Ferrer underscored, “Our world moved faster than we could have imagined. We at Bayad had to swiftly up our game in expanding our payment channels as we cater to the demand of providing more accessible and secured bills payment services for our kababayans who are noticeably always on the go and are becoming more and more tech-savvy. Our partnership with 7-Eleven allowed us this opportunity, highlighting our shared vision for financial consumer empowerment and driving economic growth in the country.”
7-Eleven Managing Director for Digital, Jose C. Ang, shared, “As we celebrate our 40 th year in the industry, this partnership with Bayad allows us to continue to stay true to 7-Eleven’s thrust to continuously innovate modern convenience and enhance customer experience. We are excited to keep serving our communities and uphold our mission of being ‘the neighbor you can count on.”
For fintech and retail institutions like 7-Eleven that are interested in being a part of Bayad’s extensive payment channel network, you may send an email to [email protected]. Bayad enables partners to attain nationwide presence and provides end-to-end support services for efficient payment and collection processing.
About CIS Bayad Center, Inc (Bayad)
Bayad, formerly Bayad Center, is the pioneer brand in the outsourced bills payment collection service in the Philippines, aggregating a multitude of billers into a robust system that is now being used by leading establishments and electronic money institutions across the country. Bayad continues to trailblaze the industry as a fintech subsidiary of Meralco, the largest electric distribution company in the country, offering a whole suite of financial products and services available to both consumers and businesses.
About Philippine Seven Corporation (7-Eleven)
Philippine Seven Corporation (PSC), the exclusive licensee of 7-Eleven in the Philippines, has grown into a nationwide icon, a leader in convenience retail, consistently delivering reliable service and staying true to its mission of providing modern convenience to its customers. With over 4,000 stores across the Philippines, PSC has embraced digital and geographical growth opportunities that are linked to the dynamic needs of the market. The corporation has introduced a diverse range of new products and a wide array of services, including financial solutions and digital payment options, further reinforcing its mission of providing accessible convenience to Filipinos nationwide.
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