BillEase
BillEase, launched in 2017 by the fintech company First Digital Finance Corporation, is one of the largest Buy Now Pay Later providers in the Philippines.
Users can apply for credit lines by providing personal information. Credit lines enable them to buy products in installments or by using Buy Now Pay Later at over 22,000 retail stores including 7-Eleven, Cebuana, and MLhuillier. They can repay money by various means including InstaPay, PESONet, e-wallets, and bank transfers.
Properties
The following table lists the product properties supported by BillEase:
Payment type | Alipay+ payment method | ||
Acquirer | Alipay SG, Alipay EU, Alipay US, Alipay UK | Acquiring region | SG, AU, HK, US, EU, UK |
Payment flow | Redirect | Checkout Payment | ✔️ |
Buyer country/region | Philippines | Auto Debit | ❌ |
Funds deduction | Real-time | Refund | ✔️ |
Processing currency | PHP | Partial refund | ✔️ |
Credit lower limit | Buy Now Pay Later: 50 PHP | Chargeback | ❌ |
Credit upper limit | Buy Now Pay Later: 50,000 PHP Installment payment: 100,000 PHP | Refund period | 365 days |
User experience
The following figure shows the journey of paying with BillEase on a mobile client:
Figure 1. Payment process with BillEase (mobile)
The following figure shows the journey of paying with BillEase on a Web client:
Figure 2. Payment process with BillEase (Web)