Bayad, financial consulting firm target remittances


CIS Bayad Center Inc. announced having sealed a partnership with financial management service Omega Business Consulting Inc. (Omega BCI) to integrate the firm’s eponymous bills-payment platform with the latter’s web-based application.

Omega BCI is a financial management service provider that delivers a suite of accounting, auditing, data processing and 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 called “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.

“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,” Omega BCI President and CEO Emmanuel Masangkay was quoted in statement as saying. “We need to help Filipinos level up.”

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.

“We share a collective vision with Omega BCI in elevating the quality of living of our compatriots. 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,” Bayad President Lawrence Y. Ferrer was quoted in the same statement as saying.


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