Busy lifestyles have led many Filipinos to rely on convenience stores like 7-Eleven for one-stop-shop errands. Besides 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 significantly benefit more Filipinos, allowing 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.
In addition to Meralco, Bayad has activated Red Fiber, Metropolitan Manila Development Authority (MMDA), and National Housing Authority (NHA) in the CLiQQ Kiosk’s biller network.
In addition to these, Bayad is also expected to attract 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 bill 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 40th year in the industry, this partnership with Bayad allows us to stay true to 7-Eleven’s thrust to innovate modern convenience and enhance customer experience continuously. 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 interested in joining Bayad’s extensive payment channel network, you may email partnerships@bayad.com. Bayad enables partners to attain a nationwide presence and provides end-to-end support services for efficient payment and collection processing.