Bayad and TayoCash team up to provide digitized financial services

As the country’s trusted brand and authority in payments, Bayad continues to extend its ever-growing network to bring financial services closer to Filipinos. One of the latest additions to the Bayad ecosystem is TayoCash – a BSP-licensed electronic money issuer (EMI) that aims to push innovative digital technologies and meaningful partnerships to help spur recovery and economic growth for the country.

TayoCash is one of the newest players in the fintech industry that offers all-encompassing digital financial services such as bills payment, fund transfers, telco and gaming load top-ups, and soon-to-launch QR Ph payments and remittance services.

Sharing the same vision of making financial technology accessible for everyone, Bayad and TayoCash take pride in building an innovative and sustainable user experience for the financially underserved Filipinos everywhere. As TayoCash aims to serve a larger segment of society, its partnership with Bayad is an advantage, allowing them to draw digitally closer every Filipino together and to take part in community-building.

“We’re glad to see that more fintech players, such as TayoCash, are stepping up in support of the nation’s bid to become a cash-lite society. I believe that fintech players share the vision of leveraging the power of technology to make financial services within reach of the average Filipino. The coming together of like-minded companies strategically accelerate the delivery of basic financial services where they are most needed. On our end, we support our industry peers to emphasize that strong partnerships create and sustain transformative progress.” said Bayad President and CEO, Mr. Lawrence Y. Ferrer.

Meanwhile, TayoCash CEO, Mr. Kenneth Chang highlighted that “TayoCash is created to ‘Bring value to all.’ Our future depends on our capabilities to deliver on that promise. Through the ever-expanding network of billers and merchants that Bayad is aggregating today and through the easy-to-use and reliable digital platform of TayoCash, we will enable millions of Filipinos to make payments from the comfort of their homes. TayoCash is fast, secure and, most importantly, in the context of the pandemic that we are experiencing, safe. I am sure all the users will appreciate the value of the services we bring to them.”

With over 70,000 on-site payment touchpoints nationwide and the digital partners it supports, Bayad continues to carry out its mission of providing innovative, efficient, and accessible payment solutions for everyone.

To be part of Bayad’s extensive channel network, contact partnerships@bayad.com. Meanwhile, businesses interested in leveraging Bayad's network and seamless bills payment solutions may reach out to billeronboarding@bayad.com, call +63 998 963 7880 or fill out Bayad’s biller onboarding form to get started: link.bayad.com/BeABayadBiller