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Manila Bulletin devider Business devider Bayad partners with Eplayment

Bayad partners with Eplayment

Published Jan 16, 2023 04:32 pm

Bayad, the largest multi-channel payment platform in the Philippines, has partnered with Eplayment, a creator and esports platform aggregator, to offer a one-stop shop payment service through its flagship product, the Eplayment wallet.

Eplayment President and CEO Karlos Naidas also shared, that Eplayment was created for the service of content creators and gig workers in the Philippines. “We are committed in helping them make the most of their online careers as they monetize their game streaming, vlogging, and other digital means. Our partnership with Bayad will help serve the careers of tomorrow to blossom and grow in the Philippines by allowing our customers to pay their bills in real-time.”

Marrying the experience of fintech and entertainment, Eplayment launched Epaygames in 2020, with the goal of extending the said e-wallet service to its customers, businesses, and content creators in the e-gaming and entertainment space.

Apart from enabling fund transfer, prepaid loading, and digital purchase of game and entertainment credits. Bayad now powers the bill payment capability of Eplayment covering services for electric and water utility, cable and internet, government contributions, loan payments, school tuition fees, online shopping, insurance, and many others.

On top of that, the partnership will soon enable game publishers, content creators, and other entertainment merchants to monetize their content and accept payouts through Bayad’s physical and digital payment touchpoints.

For his part, Bayad President and CEO, Lawrence Y. Ferrer underscored that the dynamic Eplayment experience provides gamers and content creators value added services that will help them save more time as they stay focused on their craft. “This is why, we are committed to onboard more billers in Eplayment’s platform, as we continue to boost our real-time posting feature which will allow customers to settle and monitor their payments with ease,” said Ferrer.

Bayad, formerly Bayad Center, is the pioneer and trusted brand in the outsourced payment collection service in the Philippines, aggregating a multitude of billers into a robust system that is now being used by more than 100,000 physical touchpoints and leading digital and mobile platforms across the country.

Eplayment is an e-wallet for content creators from varying backgrounds and genres. Eplayment’s goal is to allow creators to make easy, fun, and secure transactions across platforms. In June 2021, Eplayment released the beta version of the e-wallet to 1,000 users only and have been releasing updates nonstop since then and has grown its base vigorously.

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