Wednesday, September 29, 2021

Fly Now, Pay Later: Philippine Airlines Offers Card-Free Installment

fly now pay later
PHOTO BY Wikimedia Commons

(SPOT.ph) As local and international tourism (very) slowly reopens, airlines are excited to welcome back passengers that were forced to skip more than a whole year of travel. Philippine Airlines, the country's flag carrier, is offering a card-free installment system through a "Fly Now, Pay Later" scheme to encourage people to book their flights without having to worry about the cost. This is made possible through a partnership with financial tech company First Digital Finance Corporation, which developed the BillEase mobile app.

“We’re excited to enable customers to book their flights with a hassle-free payment option. Our partnership with Philippine Airlines (PAL) is focused on providing what customers need and delivering a differentiated customer experience for travelers,” Georg Steiger, chief executive officer and co-founder of First Digital Finance Corporation, said in a statement.

BillEase, which is available on Google Play and AppStore, is a flexible alternative to credit cards and e-wallets. The service is card-free ad does not require customes to sign up for a credit or a debit card. All you need is a valid ID to register.

fly now pay later
PHOTO BY screencap/billease

The app also shows the due dates of your installment plan, which can either be short-term (a split payment of 25% as deposit and 75% in three bi-weekly schedule) or long-term (a split payment of 30% upfront and 70% in three, six, nine, or 12 months). Depending on the merchant, this payment scheme can either be interest-free or come with affordable interest rates.

“This latest offering is part of our goal to provide customers a transparent and flexible way to pay. 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,” said Oscar Reyes, PAL senior vice president for sales and marketing.

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Source: Spot PH

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