PH’s BillEase teams up with Alipay+ to roll out auto-debit feature

It grants merchants pre-authorization to automatically deduct funds.

Alipay+ and BillEase have teamed up to introduce an auto-debit feature in the BillEase application.

Alipay+ Auto Debit is expected to streamline the payment process by enabling BillEase users to grant merchants pre-authorization to automatically deduct funds. This is achieved through a simple agreement within the BillEase application.

Once set up, customers can effortlessly facilitate direct debits from their credit line for transactions made with any Alipay+ affiliated merchants. Customers can also pre-arrange installment payments.

ALSO READ: Australia to amend retail payments regulation in 2024: governor

BillEase is a Philippine-based payment service provider launched in 2017. It has over 10,000 merchant partners and has partnered with eight major payment gateways in the country.

It offers three card-free installment options at checkout: PayLater in 10 or 20 days; Pay in 4 installments for small-to-medium ticket purchases; and Pay Monthly over three, 6, 9, or 12 months for big purchases with interest rates between 0% or 3.49%.

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