Month: July 2020

Online shopping is in these days. In fact, there is a rise in the number of online sellers as well as websites that offer platform for sellers to showcase their products.

One of the most visited online platforms now is Shopee. It caters to thousands of Filipinos by carrying products from school supplies to book organizers, to small furniture, and even appliances or gadgets. Just like any other shopping platform, Shopee requires payment before your item will be delivered in your doorstep.

There are several ways to pay for your purchases: cash on delivery, credit card, payment through remittance centers, and bank transfer.

Despite the needs, there are instances when you want to avail of an installment scheme to make payment easier for you.

Here’s a secret: you can actually avail of Shopee installment payment scheme with the help of BillEase.

Here’s how:

FIRST, TOP UP WITH G-CASH TO ENJOY SHOPEE INSTALLMENT SCHEME

Step 1: Log-in to BillEase account.

If you don’t have an account yet, then click this link for steps on how to register.

Step 2: Gcash Top Up

In the BillEase page or app, click Top Ups. Then click Gcash Top Up.

Step 3: Amount

Click the top up amount you want to purchase. Available amount is between P400 and P4,000

Step 4: Payment Terms

A new window will appear once you click your desired amount. Navigate the button for your installment term and repayment frequency. As you navigate, you will also see on the right screen the amount you have to pay.

Input your Gcash number. Then click Buy Now.

Step 5: Loan Confirmation

A new window will appear after clicking Buy Now. Take time to review the details. If you’re ready, tick the checkbox and then click Yes.

Take note that at this stage, your loan is NOT yet finalized.

Step 6: Finalize Your Loan

Once you confirmed your loan, the window indicating your Loan Contract as well as Disclosure Statement will appear.

Make sure you read this thoroughly because these documents contain the terms of the contract including amount, schedule of payment, and penalty clause in case of default.

Scroll down and then click Confirm. A one-time password (OTP) will be sent to your BillEase’s registered number. Input the said code and in a few minutes, the said amount will be credited to your Gcash account, which you can use in Shopee and pay for your items on installment basis.

Now that you have sufficient funds, you can now use the said amount to pay for your purchases in Shopee. There are two ways on how you can use the GCash Top Up to avail of Shopee installment.

METHOD ONE: Use GCash As Payment Mode For Shopee Installment

Step 1: Shop at Shopee

Go to Shopee app and start shopping. Add to cart those items you need to buy. Once you’re done, go to your cart and click Check Out.

Step 2: Pay for Your Items

Click Payment Option.

Then choose GCash. Click Confirm.

Step 3: GCash Process

Confirm your Total Payment and email address. Then click Pay. You will be redirected to the GCash window.

Input your GCash-registered mobile number and then click Next.

A six-digit authentication code will be sent to your mobile number then click Submit Code.

Then, login in your GCash account with your four-digit MPIN. Once you logged in, you can now pay for your Shopee purchases.

METHOD TWO: ShopeePay

Another way to enjoy Shopee installment is by setting up your ShopeePay using the GCash funds.

Here’s how to set up ShopeePay:

Step 1: Setting Up

In the Shopee app, click ShopeePay. A new landing page will appear and then click Set Up ShopeePay.

Step 2: Information

Enter your personal information and then tick the checkbox. Click Next.

Step 3: Verification

Enter the six-digit verification code sent on your registered mobile number in Shopee. Click Continue.

Step 4: ShopeePay PIN

Input a six-digit PIN. This will also be required every time you use ShopeePay as a mode of payment. Remember your PIN at all times.

Step 5: GCash Top Up

After confirming your PIN, a new window will appear. Click Top Up.

Choose the amount you wish to add according to your GCash balance. Then click Payment.

Choose Payment Center / e-Wallet and then click GCash. You will also be asked to confirm the amount and email address.

Log-in to your GCash account using your mobile number and then click Next.

Now, you can finally transfer the GCash amount you got from BillEase and use it to top up your ShopeePay. Plus, you can pay for the said amount in installment basis.

Still, don’t get too excited. While Shopee installment plan with BillEase is possible and making shopping more convenient, this doesn’t mean you should go overboard. Buy only the items you really need and your wants could wait. Responsibility is important especially in online shopping.

If you want to get a higher credit limit, BillEase looks into payment behaviour seriously.

Our goal in BillEase is to financially empower Filipinos to achieve their dream purchases without any hassles. This goal is the main reason behind our philosophy of approving applications from individuals who have otherwise non-traditional or informal sources of income.

Unfortunately, as much as we would like to, we cannot approve of each and every application we receive. 

And yet, we in BillEase believe in saying “Yes!” So we have devised a way with which customers can build a relationship with us by creating a new feature: The .

You’ve got questions? We’ve got answers. 

Continue reading “The BillEase Kickstarter: An FAQ”

You can now upload your proof of payment from your BillEase account for faster processing! Read on to learn more about this new BillEase feature.

Continue reading “A Faster Way of Paying Through Bank is Here!”

Have you tried borrowing money online? If yes, have you noticed the loanable amount each lender gives?

Typically, lenders could lend an amount between P1,000 and P50,000. Before you get too excited, keep in mind that not all lenders will allow you to borrow the maximum amount. Most lenders will give you between P1,000 and P5,000 on your first loan application. Eventually, this could get bigger.

The question is how.

Here in BillEase, we understand your needs. However – and just like all lenders – we cannot immediately give the maximum loanable amount especially for first time borrowers. Lenders need to establish customer’s payment habits first to reduce their exposure.

The good news is this won’t be forever. Once you start borrowing from BillEase, then there is a possibility that you can get higher credit limit.

Here are some things to remember that will help you increase your credit limit and start paying for your bills with ease:

TIP NO. 1: Use BillEase frequently as your mode of payment.

BillEase partnered with several merchants including Lazada, Kimstore, and Flowerstore.ph to make shopping easier and more convenient for you. When shopping with partner merchants, make sure that you use BillEase as your mode of payment.

The more frequent you use this facility, the higher the chance of getting an increase in your credit limit. This will be favorable to customers with smaller income to grow their limit.

TIP NO. 2: Pay your bill on time.

If you noticed, BillEase won’t immediately charge you as soon as the amount is deposited in your wallet. You will be given at least two weeks from the date of application before you start with your monthly instalment. This will give you sufficient time to start paying for your loan.

That being said, make sure to pay your bill on time. Follow the schedule set forth in the Loan Agreement. You can also check your account via the BillEase app or website for the schedule of payment.

Any delay will not only lead to penalty fees but also lower your chances of getting an increase.

TIP NO. 3: Pay your outstanding obligation in full.

Apart from paying your loan on time, it is also a must to pay them in full or according to the schedule. Pay the corresponding amount as well if you want an increase in your credit limit.

What does this mean? Credit decisioning of BillEase depends largely on payment behavior of the customer. Delay or incomplete payment warrants a non-increase in your credit limit. If you will be diligent in handling your loan with BillEase, then you will get that increase in credit limit in no time.

In the meantime, use BillEase wisely.

Fact: e-commerce industry is on the rise. Since the start of 2019, more and more Filipinos are resorting to online shopping. The number steadily increased as the country – and the entire world – was hit by the Covid-19 pandemic, thereby prompting people to stay at home and prevent the spread of the virus.

As a form of coping, a lot of people, especially the younger generation, went to the World Wide Web to satisfy their needs. Various e-commerce websites popped up while the current ones improved their online platforms for better and seamless shopping experience.

Here’s the thing: not everyone has cash within their disposal. Even if they do, this is allotted to something more important like food and bills.

This is where Buy Now, Pay Later or BNPL scheme comes in. In simplest form, this means allowing installment payment for the purchases made. Payments are also distributed equally for a given period.

Here are reasons why merchants should offer BNPL in e-commerce websites:

Not Everyone Has A Credit Card

Unfortunately, not all customers could qualify for a credit card. If you need to buy something pricey like a laptop or tablet, having a credit card allows you to make that purchase.

This is what BNPL aims to address. Through this scheme, people are now capable of buying their essentials and pay for these later on. You can also opt for an installment plan where payments will be divided into equal amortizations, similar to what credit card companies offer.

As a merchant, BNPL scheme will make it easier and more convenient for customers to shop for their needs.

Gives Customers Various Payment Options

There are several ways for consumers to pay for their items:

• Cash-on-delivery
• Online bank transfer
• Credit card
• Gcash
• Through remittance centers

It turns out not all e-commerce sites offer BNPL, which could be helpful for those who are unbanked. This scheme gives customers not just additional but also flexible payment channels that they can afford. This could mean higher sales as well.

More Affordable To Customers

The truth is even without the pandemic, not everyone can pay P50k upfront. Since not everyone has a credit card, the BNPL scheme makes shopping affordable to many.

That’s not all. Customers are given time to start the payment. In BillEase’s case, installment plan won’t immediately start the following day. The start of payment will commence at least two weeks after the purchase, thereby giving customers ample time to save up for it.

Reduces Abandoned Carts

Many shoppers will “add to cart” their favorite items. Still, the reality is not everyone will buy for the simplest reason: they might need the money in the future.

This is the reason why many have abandoned carts or purchases that were not consummated. When customers see the total amount of their purchases, they won’t push through with the order.

Having a BNPL scheme in your e-commerce website reduces that because people have options that they can afford. More importantly, you were able to convert leads into sales, which could result to higher profit as well.

Younger Consumers Prefer This Scheme

Most people who resort to online shopping are those who belong in the 20s to 35s group. Since not everyone has access to a credit card, the BNPL scheme makes shopping convenient and easier for them. They don’t have to go out and go to the bank just to pay for their purchases.

Don’t underestimate this group of buyers. They are more willing to embrace the online platform, which means as a merchant, you should be able to provide several options to make it easier for them to buy what they need. Consequently, it gives them their desire for instant gratification, even if it means paying for those items later on.

Still, the Buy Now, Pay Later scheme does NOT encourage impulsive buying. This is simply giving your consumers additional payment options that will make shopping easier and more convenient for them.

BillEase partnered with several merchants like Lazada, Kimstore, Flowerstore.ph, and Shopee to provide installment payment options to consumers. This gives customers more flexible payment options. For more information about partnership with BillEase, email us at info@billease.ph

In this time of pandemic, nothing is more convenient than doing everything with just a few clicks. Distance learning and work-from-home situations are also highly encouraged, which means more and more people will rely on gadgets to get the work done.

One of the most reliable gadgets store in the market is Kimstore, who has been in the business for more than a decade. They carry an array of products – from laptops, to tablets, to smartphones, and even accessories you need to make gadget use easier.

Let’s face it: gadgets often come with a hefty price tag – even if Kimstore offers the most affordable products in the market.

The good news is BillEase partnered with Kimstore to make payment easier and more convenient for you through the Buy Now, Pay Later scheme.

Here’s how you can use BillEase to pay for your purchases from Kimstore:

Step 1: Shopping

Shop for your desired items. Kimstore carries come with tons of products to choose from – laptops, tablets, power banks, smartphone, storage items, gaming accessories, and even espresso machine.

Then, click Add to Cart.

Step 2: Proceed to Checkout

Once you’re done with the shopping, click the shopping cart icon on the upper right portion of the screen. This will lead you to another window that reflects your purchases.

Click Proceed to Checkout.

Step 3: Shipping Information

Fill out your details. Then click Next.

Step 4: Payment Option

Kimstore offers variety of payment channels including cash on delivery and online banking. As one BillEase’s partners, you can now pay for your items on installment sans credit card.

Click Installment and then choose BillEase. Then click Next and confirm that you are already checking out.

This will lead you directly to the BillEase Payment Checkout.

Consequently, you will receive two emails:

• An email from Kimstore confirming your order
• An email from BillEase regarding Pay by Installment scheme. You can also continue your application here by clicking Login.

Step 5: Application Process

Fill out the corresponding details then click Apply Now. At this stage, a BillEase system will review your application, which usually takes five to 10 minutes. You will also be notified regarding the status of your application.

Step 6: Digital Signature

If approved, then make sure to read the Loan Contract and Disclosure Statement. These documents lay down the terms of the loan as well as your scheduled payments.

Click Confirm or Submit to signify approval. A one-time pin will be sent to your registered mobile number. Input the said code to signify your approval.

Now, wait for Kimstore to deliver the item you purchased. Also, take note of the payment schedule. Make sure that you pay on time to avoid incurring penalty charges.

Tips To Remember Before You Apply:

• Don’t forget to create an account with Kimstore. This will only take one minute. Consequently, you need to have an account with BillEase.
• Minimum amount of purchase is P500 to avail of the installment plan.
• Make sure you don’t have pending loan with BillEase. The system won’t let you go through the application in case you have existing installment.
• Only purchase items that you can pay on time. Unpaid loans, regardless of nature, could have an adverse effect in your credit score.

With this partnership, you can easily buy and pay for what you need even without a credit card. Take advantage of this opportunity especially now that you will be spending most of your time at home.

In the time of pandemic, how do you show your love to your special someone?

Covid-19 did put a halt on everyone’s plans, including birthday celebrations, weddings, and anniversary getaways. Still, this doesn’t mean there is no reason to celebrate and enjoy the day. You can still show your love and appreciation by sending gifts through Flowerstore.ph.

Who is Flowerstore.ph?

Lauded as the number one flower delivery in the Philippines, Flowerstore.ph offers specially crafted flower bouquets and gift boxes for your loved ones to suit any occasion. They also have edible food arrangement service, gift boxes for men (alcohol included), and partnered with companies like Red Ribbon for their Bundle Deals.

Aside from these, Flowerstore.ph also has non-flower products like Home and Living accessories and fashion items. You can even shop for grocery essentials so you don’t have to go out for your supply run.

Speaking of partnership, did you know that Flowerstore.ph is among BillEase’s partner merchants?

Now, you can send flowers and gifts to your favorite people and worry about payment later through the Shop Now, Pay Later scheme. This will make shopping easier and more convenient for you even without a credit card.

Here’s how to apply:

Step 1: Shopping at Flowerstore.ph

Start shopping at Flowerstore.ph and choose among the variety of products available. Click the item you wish to purchase and then click Add to Cart.

If you’re done with shopping, click Proceed to Checkout. Otherwise, you can still continue shopping in the website until you’re ready to pay for your purchases.

Step 2: Information

Fill out order details including delivery date, time, and message. Then click Proceed.

Thereafter, fill out your shipping information. You will also see the shipping cost, if applicable. Then click Continue.

Step 3: Payment

Flowerstore.ph offers variety of payment options including credit card, Paypal, bank deposit, or cash on delivery.

For the payment option, click Pay by Installment. Then click Complete Order. This will redirect you to the BillEase website so you can choose your installment plan.

Step 4: Application

Navigate the arrows and apply depending on your needs. As you navigate the order value and installment term, you will see how much you need to pay per month.

Click Apply Now. BillEase representatives will review your application.

Step 5: Loan Contract

You will be notified immediately if your application is approved or not.

If approved, read the Loan Contract and Disclosure Statement. This indicates the details of your loan as well as the schedule of payment.

Tick the checkbox and click Confirm or Submit. A four-digit one-time password (OTP) will be sent to your registered mobile number. Once you input this, it signifies the start of your loan.

Take note that at this point, your obligation now is with BillEase, which you have to pay according to the schedule.

As for Flowerstore.ph, PAID status will be reflected in your account and simply wait for delivery.

Tips To Remember When Applying In Flowerstore.ph

• Don’t forget to create an account with Flowerstore.ph. Registration is easy and will only take three minutes or less. Don’t forget to verify your email address, too.
• Make sure that the email you used to register with Flowerstore.ph is similar to BillEase email for convenience.
• Total purchase must be above P500 to avail of the installment scheme.
• Advise Flowerstore.ph regarding your order by giving them your order number. This is to ensure that your order was received, paid, and will be processed.

Now, you can send the gift of flowers or gift boxes with less hassle and more convenient. Who says you have to go out of the house to make your special someone feel loved?