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Paybilis - Payment Methods
Paybilis - Payment Methods
Paybilis was incorporated in March of 2013 in the Philippines operating in the PH territory
Paybilis was hatched in Dec 21, 2012 by Ritchelle Brizuela and was later refined by its CEO.
The company plans to innovate and disrupt the financial services industry specifically targeting
payments in the form of domestic remittance, utilities and other forms of loans may it be interest
or non-interest products.
Concept: it’s a brand new mobile banking service that works with any existing bank accounts
and lets you pay your bills using any mobile device in an instant anywhere you are.
Existing partnership includes: Bayad Center, RCBC, SMART Telecom, BDO, PayOn, Payworks and
SmoovePay
Products and Services: Payment Processing, Bills Presentment and Content Provider for Telcos
Market Size for payments via domestic remittance, loans payment and bills payment is 152B PhP
or 3.2B USD per month
Total addressable market 38B USD excluding retail payments
We plan expand in Asia Pacific in the next 3 years.
A day in a life
Online / Pay for Buy basic R and R Do
Mobile lunch necessities • Tickets for Payments
access to • Afternoon • Groceries FIBA Games • Repay a
information refreshment • SMS Load • Buy airline friend
Pay train to • Bank access • Sometimes ticket for a • Loans
vacation
go to work • Social Media
pay for dinner Payment
when dining • Book Hotels • Pay utility bills
• Access Group out
buying sites
• News
Overview
• Fastest growing economy in Asia
• Investment grade (S&P, JCRA, Fitch Rating)
• Population: 105.7M (as projected by Euro
Monitor)
• GDP Growth Rate: 7.8
• Median Age: 23
• Population under 40: 76%
• 2 out of 10 Filipinos has banked accounts
State of e-commerce in PH
• Payments in Domestic Remittance, Loans
Payment and Utility Payments is equivalent to
3.2B USD a month or 38.4B USD per year
• Retail Market: estimated at 230B USD
• E-Commerce: estimated at 1.2B USD
• Top Sites: eBay(PH), Sulit, Metrodeal, Cebu
Pacific, Ensogo and Amazon US
• 95% of e-commerce are airlines and travel
bookings
• 40% of Filipinos access the internet to shop and
64% of them purchased online in the past 3
months
• Payments, Logistics and Consumer trust are the
biggest challenges to overcome
• 4G/LTE network and proliferation of smartphones
are paving the way for m-commerce in PH
Income and demographics
Source: Bankable Frontiers Associate, SWS Survey, study commissioned by Bill and Melinda Gates Foundation
Payment Media
In the Philippines, payment instruments may be classified into cash or non-cash. Non-cash
payment instruments may be sub-classified generically into check payments, direct fund
transfers and card payments
As we introduce m-payments it will be classified as non-cash
Forms of Non-Cash are:
Checks
Direct debit and credit transfer
Credit and Debit cards
E-Money
Stored value cards
Electronic banking
Telco Operator Billing / VAS
Payment Method and other components
Mobile internet
Internet coverage will be widespread in the next 10 years
Mobile internet will be like SMS – Just PASALOAD 5 years ago
Internet usage through mobile devices will overtake desktop/pc usage
Telcos
The switch from 3G standards into all IP network infrastructure (4g) will turn mobile operators to
broadband providers.
Data services and its VAS will converge
Our forecast and vision on m-payments
On Payments
Convergence of virtual and physical payments: mobile payments will significantly replace
physical currency. The mobile channel will play a significant role in delivering financial services
systems that can be managed by mobile devices, be they loans, savings, payments and transfers.
Banks will replicate what they have done in online channel to mobile
Convergence of utility payment and retail payment
Convergence of mobile and online platforms: the emergence of personal, unified cloud-based
platforms that are accessible from any mobile device
Money transfer beyond mobile banking.
Mobile Money will be gain more traction
The mobile phone will slowly replace your wallet. Not only will you be able to manage your money
via your mobile phone and use it to pay for products in authorized retail outlets both online and
offline, but mobile money transfer will extend to peer-to-peer.
Everyone will become a walking 'cash' register.
Thank you