In Photo left – right: Bayad Center SVP & COO Francispito P. Quevedo, Bayad Center President & CEO Manuel L. Tuason, Cashalo General Manager Hamilton Angluben and Cashalo Deputy Head of Financial Operations Angela Reyes
The innovative Filipino fintech company dedicated to accelerating financial inclusion in the Philippines, Cashalo, formally sealed a strategic alliance with the country’s pioneer and market leader in the outsourced payment collection industry, CIS Bayad Center, Inc.
“We are thrilled to partner with Bayad Center to extend the reach of our services to more underserved and underbanked Filipinos. Bayad Center is one of the most trusted brands in bill payments and its extensive nationwide network allows us to ensure unmatched utility, accessibility, and convenience for millions of our customers,” said Cashalo General Manager Hamilton Angluben. “As we look to accelerate financial inclusion for the Philippines, we are excited to join forces with organizations like Bayad Center who share this mission.”
Cashalo offers a suite of purpose-built digital credit products designed to meet the needs of every Filipino. With this partnership, tens of millions of Cashalo app users across the Philippines can now easily settle their payments through Bayad Center’s wide range of payment collection touchpoints, including Authorized Partners and Corporate Partners.
“Given the chance to be part of this collaboration is a great opportunity for us. Since Filipinos nowadays are always on the go and in need of fast, easy and affordable loans, being part of this journey with Cashalo is very important to us. Bayad Center’s 38,000+ touchpoints are here to serve our fellow Filipinos in their everyday lives, for them to enjoy paying with ease, anytime and anywhere,” explains Bayad Center President and CEO Manuel L. Tuason. He added that, soon, customers can also conduct Cashalo repayments via the Bayad Center App.