BillEase Launches ‘Installment Madness Promo’ with Interest-Free Offering to New Customers
November 25, 2021 — First Digital Finance Corporation (FDFC) which operates the buy now, pay later (BNPL) app BillEase, a leading alternative to credit cards and e-wallets, today announced the start of its first-ever installment madness promo, which will continue until mid-December. BillEase will hold two major phases of promotion:
- November 24-30, 2021 (Black Friday & Cyber Monday)
- December 11-17, 2021 (Pre-Christmas Shopping Rush)
During the promo period, participating BillEase Merchants will offer customers a 0% installment plan for up to 6 months with a required upfront payment of only 1/3. For example, a PHP 30,000 purchase would only cost PHP 3,350 per month with only PHP 9,900 upfront payment, no interest. This offering is available to all customers who will sign up with BillEase during the promo through the merchant's checkout page.
"We are thrilled to offer this limited 0% installment offering for Filipinos to support their holiday shopping and our merchants' ongoing holiday campaigns," said Georg Steiger, CEO and Co-Founder, FDFC. "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.”
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.
BillEase is partnered with over 300+ merchants and has partnered with major payment processors such as 2C2P, Xendit, Paynamics, Dragonpay, and UBX Philippines’ Bux, whose merchants are also set to offer the promo.
About First Digital Finance Corporation (FDFC)
FDFC is a financial technology company building disruptive and innovative products in retail credit for Southeast Asia. In 2017, it launched BillEase, a buy now, pay later (BNPL) payment solution for e-commerce and their customers. BillEase lets customers pay for purchases in easy monthly or bi-weekly installments, and boosts conversion and average order value for merchants. It also provides a range of in-app services like low-cost cash loans, e-Wallet top-ups, mobile loads, and gaming credits. For more information, visit https://billease.ph
FDFC is regulated by the Securities and Exchange Commission as a financing company (CoA No.: 1101) and by the Bangko Sentral ng Pilipinas as Operator of Payment System (OPSCOR-2021-0007).