Bayad and Omega Business Consulting seal partnership, driving forth real-time payments

2/16/23

Bayad x Omega

Bayad, the biggest and widest multi-channel bills payment platform in the Philippines, seals partnership with Omega Business Consulting, Inc. (Omega BCI), a financial management service provider that delivers a robust suite of accounting, auditing, data processing, and integrated software services to its local and international clients in the retail, banking, and fintech space.

Under the partnership, Bayad will continue to boost the bills payment capability of Omega BCI through its web-based application, Paymybills. Today, over 91 billers are already onboarded on the said platform, covering payments for electric and water utility, cable and internet, government contributions, loan payments, school tuition fees, online shopping, insurance, and many others.

Omega BCI President and CEO, Emmanuel Masangkay shares “Paymybills was borne out of the need to help OFWs conveniently pay for their families’ bills back home, and at the same time help them settle for government contributions, enabling them to save and invest for their future. Our partnership with Bayad, excites us as we amplify our shared passion of helping our kababayans whether locally and globally. The greatest service we can give our stakeholders is not just to share our resources but to enable them to effectively manage their finances. Our aim is to empower people.”

“We need to help Filipinos level up.”, added Masangkay.

From his humble beginnings as an OFW in Papua New Guinea, Masangkay knows very well the value of hard-earned money, which is also the lifeblood of Bayad’s business.

Bayad President Lawrence Y. Ferrer underscored “We share a collective vision with Omega Business Consulting in elevating the quality of living of our kababayans. All our efforts in Bayad are directed towards the belief that Filipinos deserve to be rewarded for their hard work. We strive to go beyond just providing payment services by empowering families to strengthen their relationships as we drive for borderless financial inclusion.”

For financial institutions like Omega Business Consulting that are interested to be part of Bayad’s extensive channel network, you may send an email to partnerships@bayad.com. Bayad enables partners to attain nationwide presence and provides end-to-end support services for efficient payment and collection processing.
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