B

    Bayad

    The Philippines' largest outsourced bills payment network

    Founded
    2006
    Headquarters
    Pasig City, Metro Manila
    Stage
    Private
    Licences
    2
    BSP

    Overview

    Bayad, formerly Bayad Center, is the Philippines' pioneer and leader in outsourced payment collection, operated by CIS Bayad Center, Inc., a wholly-owned subsidiary of Meralco. It aggregates 500+ billers accessible through 100,000+ physical and digital touchpoints nationwide. Following its 2021 rebrand from Bayad Center to Bayad, it expanded from over-the-counter bills payment into a full-service fintech, launching the Bayad app and Bayad Online with remittance, e-load, e-wallet (Pera Manager) and real-time Meralco posting. It is BSP-registered as an Operator of Payment System and a Remittance and Transfer Company.

    Products

    • Bayad app
    • Bayad Online
    • Over-the-counter bills payment network
    • Pera Manager (e-wallet)
    • Remittance
    • Bayad API / agent network

    Serves

    ConsumersBillersPayment partners

    Funding and ownership

    Stage

    Private

    Parent organisation: Meralco (Manila Electric Company)

    People

    • Lawrence Y. FerrerPresident & CEO

    Licences and certifications

    Awards and recognition

    • Bronze Stevie, Innovation in Rebranding — 2022 Asia-Pacific Stevie Awards

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