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 | ||
Funding source | Credit | ||
Acquirer | AlipaySG, AlipayEU, AlipayUS, AlipayUK | Merchant entity location | SG, AU, HK, US, EU, UK |
Payment flow | Redirect | Refund | ✔️ |
Buyer country/region | Philippines | Partial refund | ✔️ |
Time to return the payment result | Real-time | Chargeback/Dispute | ❌ |
Processing currency | PHP | Refund period | 365 days |
Minimum payment amount | Buy Now Pay Later: 50 PHP | Maximum payment amount | Buy Now Pay Later: 50,000 PHP Installment payment: 100,000 PHP |
User experience
Note: The following payment flows on different terminals are reference only, and represent this payment method's flow on different terminal types. For supported merchants' terminal types, consult Antom Technical Support.
The following figure shows the journey of paying with BillEase:
- The user selects BillEase to pay.
- The user is directed to the BillEase page and inputs the email and password to log in.
- The user views the order information and selects the installment plan.
- The user confirms the order information and payment method.
- The user checks the installment contract and completes the OTP authentication.
- The user confirms the payment result.
- The user is redirected to the merchant result page.