OUR COVID-19 EFFORT
About Us
Committed to Service
Using our PROPRIETARY 5 Steps security protocol and procedure will ensure all online transactions are very safe.
A True Financial Inclusion for Filipinos
- PAY8 is established to provide online payment facilities located in very remote areas in the Philippines thru BAYAD EXPRESS using STATE OF THE ART VSAT technology infrastructure.
- Empowering the business establishments to accommodate cashless payment transactions
- As payment gateway using portable POS system or APP based POS system • Bringing mass transactions online in ordinary stores
Comprehensive Approach
• Banks require at least Php2,500 initial deposit to open an ordinary SAVINGS ACCOUNT with ATM
• There are around 86% households in the Philippines do not have bank accounts as published by Bangko Sentral in January 2017
• Credit Card Penetration is only 11.4%
- Online shops are steadily growing as the number of user grows
- Internet penetration using mobile is also growing
- The medium of online payment facility is limited to credit card and debit card users
- Country’s discretionary consumption is 20% coming from your adults which is a target for DEBIT CARD usage
- Converting Cash Consumption using e-money or debit card is the most attractive considering Cash transactions accounts for 82% consumption in the country
Partners
Turn-Key Payment and Collection Solutions Provider.
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