Buy what you love, pay later with ease!
Shopping for fun and unique lifestyle items is now more convenient with Poporri and BillEase! Split your purchases in three equal installments. Configure your installments for up to12 months. Or Pay Later with zero interest and other fees!
It’s fast, easy, and hassle-free!
Read on to learn how you can take advantage of this amazing offer.
Continue reading “Shop in Poporri Now, Pay Later with BillEase”Digital transactions are in demand now, more than ever. Since the pandemic showed no signs of slowing down and the possibility of transmitting the virus through exchange of money is high, many Filipinos are starting to embrace the beauty of digital banking.
When it comes to digital banking, one name is familiar to many: PayMaya.
PayMaya offers the following services:
To be able to do these services, you need to ensure that your PayMaya account has sufficient funds.
How can you top up your PayMaya account? With the help of BillEase, of course. The best part is you can pay for the amount on installment basis, thereby making payment easier and more convenient for you.
FIRST, GCASH TOP UP
Step 1: Register With BillEase
You need to have a BillEase account so you could top up your PayMaya account. Registration is free and easy.
For a detailed guide on how to register with BillEase, click this link.
Step 2: GCash Top Up
Once you’re logged in to BillEase, click Top Ups. Then choose Gcash.
Then, choose the top up amount you want to purchase. In this case, you can borrow as much as P5,000.
Step 3: Payment
After clicking the desired amount, you will be brought to a new window to finalize your loan terms.
Navigate the button for the installment term and repayment frequency. When you’ve finalized the loan terms, click Buy Now.
Step 4: Loan Confirmation
Take time to review the details of your loan. To confirm, click Yes.
Thereafter, a copy of the Loan Contract and Disclosure Statement will appear on your screen. Read through this as well because these documents indicate the terms concerning the amount borrowed.
Click Confirm. BillEase will now credit the borrowed amount to your GCash account, which you can now use to top up your PayMaya account.
THEN, TRANSFER GCASH AMOUNT TO PAYMAYA
Now that you have sufficient amount in your GCash account, you can also transfer that to PayMaya. Just make sure you have a verified GCash account to enjoy this service.
Once your GCash account is ready, you can send amount to your PayMaya account in two steps:
Step 1: Transfer Process
Log-in to your GCash account. On the landing page, click Bank Transfer.
Then choose View All.
Scroll down and look for PayMaya Philippines, Inc.
Step 2: Send Amount
Input the amount you wish to transfer and then click Send Money.
Money won’t be automatically sent to your PayMaya account. Review the details first and then click Confirm. In less than one minute, you will receive a confirmation that money is being transferred to your PayMaya account.
Transferring of money will only take few seconds. You can also check your PayMaya account to confirm that the amount is transferred.
Given the process, why top up your PayMaya account through BillEase?
PayMaya offers tons of services at everyone’s convenience. Because of the pandemic, many people are embracing the beauty of digital banking. Apparently, not everyone has extra money to spare or can easily transfer money to PayMaya.
By topping up your account through BillEase, you can enjoy doing transactions digitally and worry about payment at a later time through the PayLater scheme. This is a service that banks don’t offer.
More importantly, you can assign longer term loan to make repayment easier and more convenient for you without incurring delay on paying expenses at home.
Imagine going home after a really tiring day. What’s the first thing you’ll do? Probably taking a shower first and then lie down on your bed. Inviting isn’t it?
Most people consider bedroom as their sanctuary. It’s a place where you can sleep and relax. To add more comfort, you also want to make sure that your sheets are relaxing.
The good news is Linen & Homes could provide you with comfort that you need as if you’re staying in a five-star hotel.
Who is Linen & Homes?
Linen & Homes is a business owned by husband and wife, Ryan and Shelly. Their aim is to provide “luxuriously comfortable bedding at a fair price.”
The secret to their comfortable beddings: bamboo.
Bamboo sheets are hypoallergenic and anti-microbial. They are also thermal regulating, which means they don’t retain heat; hence making nighttime more comfortable.
Aside from beddings, Linen & Homes also offer sleepwear, weighted blankets, and memory foam pillow.
Here’s the better news: you can now pay for your Linen & Homes in installment. The best part is you don’t even need a credit card.
How is this possible? Through the partnership between BillEase and DragonPay.
Step-By-Step Tutorial On How To Pay In Installment When You Buy From Linen & Homes
Step 1: Choose And Then Add To Cart
Visit the Linen & Homes website. You can also access it by clicking this link.
Browse the website and add to cart the items you want to buy. Whenever you’re ready, click the shopping cart on the upper right corner of the window. Then click Checkout.
Step 2: Shipping Details
Fill out the shipping details needed. Then click Continue.
Step 3: DragonPay Online Payment System
A new window will appear. Click Continue to Payment.
On the Payment window, click DragonPay. Then click, Complete Order.
You will be redirected to the DragonPay Online Payment System. Click Source and then choose BillEase Installments. Don’t forget to tick the checkbox before you click Select.
Step 4: BillEase Online Payment System
You will be redirected to the BillEase Online Payment System. Log-in to your account.
In case you don’t have a BillEase account yet, you can sign up for free. Check out this post for a step-by-step instruction on how to register with BillEase.
Navigate the button to set your installment term. As you navigate, you will see how much is your installment payment. Then choose between monthly or twice a month repayment frequency.
Then click Next.
Step 5: Confirm Your Order
Upon checkout, you will see the copy of the Loan Agreement as well as the Disclosure Statement.
Take note of the details of your loan such as installment term, repayment frequency, and due date.
If you agree, enter the four-digit one-time password to confirm your order. At this point, keep in mind that canceling your order is no longer allowed.
That’s it. Just wait for Linen & Homes to confirm your order and your items will be shipped to you as soon as possible.
Take note of the the loan details and make sure you keep payments up to date. BillEase highly values payment behavior of customers. This way, you won’t have issues in case you apply for an installment scheme again.
BillEase top-up has expanded its list of game options to include more popular mobile games and apps! Read on to find out which games we’ve added and how to buy gaming pins via your BillEase account.
Continue reading “New Mobile Games Available via BillEase Top-up”According to the Bangko Sentral ng Pilipinas, as of July 2020, 51.2 million Filipinos remain unbanked (1). This is due to lack of money or documentary requirements, or refusal to open one. Apparently, having a bank account opens you to a lot of financial opportunities, including access to digital transactions and applying for a loan.
Thankfully, fin-tech companies are bridging the gap and reaching out to millions of Filipinos who are in need of access to financial solutions.
One of the products launched is BillEase. It is a Buy Now, Pay Later (BNPL) solution that allows Filipinos to purchase items and pay on an installment basis. The best part is you don’t need to have a credit card to avail of this scheme.
Here’s a better news: BillEase recently partnered with DragonPay to provide ease in financing and make shopping easier and more convenient for consumers.
Who is DragonPay?
Established in 2010, DragonPay is an alternative payment channel that allows unbanked consumers to conveniently transact business with retailers and institutions. Instead of a face-to-face setup, interaction is done through a secured digital platform.
Its mission is to provide a “convenient and widely accessible” alternative and secure payment option online to Filipinos whether here or abroad.
The company also aims to be the driving force of e-commerce in the country through payments while keeping these core values intact: innovative, reliable, integrity, and customer-focused.
BILLEASE x DRAGONPAY PARTNERSHIP
The partnership between BillEase and DragonPay is for a common goal: to boost online consumer lending.
BillEase, through the Buy Now, Pay Later payment solution, and DragonPay allows online merchants to provide installment payment solutions to customers. Consequently, consumers can conveniently shop and pay for their purchases by availing of the BNPL scheme.
The good thing about this payment option is that credit card is not required. This means more Filipinos can have access to this service even if they are unbanked.
The pandemic affected everyone, including consumers who will find paying upfront and in full difficult. Through this partnership, both merchants and customers will find relief and comfort in keeping the business afloat and being able to purchase what they need, respectively, especially during this challenging times.
DragonPay has more than 1,500 merchants that are fully integrated in their payment system. As of this writing, here are the merchants that activated the BNPL scheme:
Linen and Homes
The company sells luxurious comfortable beddings using 100 percent viscose from bamboo.
Travel Online
This is a travel agency that offers local and international packages at affordable prices.
Monarc
Monarc offers home appliances and products including cordless vacuum, sterilizer bags, UV box, and air purifiers among others.
Gurkka
They offer a great selection of wine, spirits, and other alcoholic beverages.
Henry’s Camera
For your photo and video needs, Henry’s Cameras keep you covered.
These are just some of the merchants that allows Buy Now, Pay Later scheme as a mode of payment. More merchants will be added in the coming months, so stay tuned.
A separate post with step-by-step procedure on how to pay using BillEase for respective merchants will be made.
Sources:
(1) https://www.philstar.com/business/2020/07/17/2028480/512-million-pinoys-remain-unbanked-bsp
Online shopping has never been easier and more convenient. Because of the lockdown and the tempting sales from Shopee and Lazada, you can’t help but browse.
Imagine this: you need a tablet or a printer for your kids’ online distance learning class. The price tag might stop you from getting one but because Lazada partnered with merchants like BillEase, you can now pay for that item through the Buy Now, Pay Later or BNPL scheme.
The best part is you can still avail of this service even without a credit card.
In other countries, BNPL payment option gave opportunities to company owners to earn despite the pandemic. In fact, it gives shoppers an economic power despite the challenging times. This is because the Buy Now, Pay Later scheme made items affordable and attainable, especially for ordinary Filipinos.
Still, don’t get too excited. Buy Now, Pay Later allows you to shop and pay conveniently while sellers record their sales. Yes, it helps small businesses but if you’re not too careful, then you might end up swimming in debt.
To avoid that, here are tips on how you can use BNPL scheme responsibly:
Tip No. 1: Know What You Need
Read: need.
As tempting as the BNPL sounds, this is not an excuse to splurge on things you want and worry about payment later. Focus on what you need first and save up for those wants later. Consider future use and the life span of the item you wish to purchase.
At this point, prioritizing your needs is a must.
Tip No. 2: Buy What You Can Afford
At this point, needs must always come first with your wants. Before you add to cart, ask yourself if you can also afford it, too.
BNPL scheme allows you to conveniently purchase items that are beyond your budget. The question now is can you manage the monthly payments? Can you afford to pay those fees for the next six months? If you can’t, then perhaps delaying the purchase for a while is a wiser decision.
Always be realistic to avoid jeopardizing your financial standing. Make sure to set a strict budget, too.
Tip No. 3: Do Not Stretch Your Term
BillEase allows you to borrow for a maximum of 12 months. Does this mean you should always maximize your loan term? Not necessarily.
Longer term means paying more interest. If you can squeeze the payments to shorter term, say three months, then don’t stretch.
Other lenders will prefer this but for BillEase, we value good paying habits more than anything.
Tip No. 4: Remember Your Loan Details
This is a must. One of the pitfalls of Buy Now, Pay Later scheme is that customers are unable to stay on top of their multiple payments. As a result, they will either miss a payment or become short in cash for other equally important expenses.
That being said, make it a point to remember your loan details. Write it down or set an alarm on your phone to remind you of your due dates.
When you apply with BillEase, a copy of the Loan Agreement as well as Disclosure Statement will be sent to you indicating the terms, amount, and schedule of monthly repayments. Print or write it so you won’t forget.
Tip No. 5: Always Pay On Time
This is also a must. BillEase stresses the importance of good payment habits because this is also the basis of whether or not your credit limit will be increased.
Therefore, pay on time and pay according to what is due. This will prevent you from incurring penalty charges and keep your account up to date.
Being financially-responsible is lauded by lenders, including BillEase. Through this BNPL scheme, lenders could tell how you are as a borrower, which could greatly affect financial transactions in the future. Keep these tips in mind to protect your credit standing.
