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 a participating 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.
Participating merchants include Vivo, Mandaue Foam, Anson’s, Western Appliances, Kimstore, JBL, Harman Kardon, OnWards, Babymama, Watch Republic, Zilingo Trade, Forum Outlet Store, Datablitz, GameOne, GameXtreme, Hedgren, DC Shoes, Res|Toe|Run, QuickSilver, TUMI, Bratpack, Rockport, Kitchen Aid, Instant Pot, Oster, Tempur, Sealy, Coleman, Levoit, ZipTop, Urban Gadgets, DecoMart, among many others.
BillEase is currently partnered with over 300+ merchants and has strategic partnerships with major payment processors such as 2C2P, Xendit, Paynamics, Dragonpay, and UBX Philippines’ Bux, whose merchants are also set to offer the promo.