Philippine Airlines Inc. (PAL) has partnered with First Digital Finance Corp. (FDFC), which operates the buy now, pay later app BillEase, to allow clients to pay airline tickets on an installment basis.
In a statement on Wednesday, PAL said the partnership is part of their goal to provide customers “a transparent and flexible way to pay.”
“We are proud of our partnership with BillEase. This latest service innovation using a card-free installment solution adds more flexibility to our flight booking process,” said PAL SVP for Sales and Marketing Oscar Reyes.
“Travelers can now enjoy an installment plan when they’re booking their tickets, removing some of the hassle and added costs of planning a trip during the new normal.”
PAL customers need 1 valid ID when signing up and are expected to get approved in less than 5 minutes to complete their booking.
Customers will be shown the actual amounts, including the exact date of installments and a disclosure statement before completing the purchase. The first installment is not due until 15 days or 30 days after the trip is booked.
“We’re excited to enable customers to book their flights with a hassle-free payment option. Our partnership with PAL is focused on providing what customers need and delivering a differentiated customer experience for travelers,” Georg Steiger, CEO, and Co-Founder of FDFC said.
BillEase is a flexible alternative to credit cards and e-wallets, enabling customers to apply for a point of sale loan and pay over 3, 6, 9, or 12 monthly installments. The BNPL service is card-free and does not require customers to sign up for a credit or a debit card.
The fintech startup has partnered with over 200+ merchants including PAL and major payment processors such as 2C2P, Xendit, Paynamics, Dragonpay, and UBX Philippines’ Bux.