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UBX partners with Bayad to beef up bills payment offers

UBX, an open financing platform, has signed a strategic partnership agreement with Bayad, the country's authority in bills payment and Meralco's full-service fintech subsidiary.

Under the agreement, i2i, the banking-as-a-service venture of UBX, will leverage the network of billers of Bayad, allowing i2i banking agents to process payments for Meralco and Home Credit. Throughout the year, the partners will add more billers to further promote greater convenience to customers.

In photo are (clockwise, from top left) Dennis Gatuslao, Bayad chief commercial marketing officer; John Januszczak, UBX president and chief executive officer; Jaime Garchitorena, UBX managing director of Commerce and Payments; and Lawrence Ferrer, Bayad president and CEO. CONTRIBUTED PHOTO