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BFC inks Philippines e-payment deal

Manama, April 23, 2012

Bahrain Financing Company (BFC), the Kingdom’s oldest money transfer group, has partnered with Ventaja, a leading distributor of telecom products in Philippines to help customers make payment for its key services through their payment portal.

As per this deal, Filipino customers can make payments for the SSS, Pag-ibig and PhilHealth services which will be then posted on their accounts within 5 days. It can be checked by members after keying in their login details, said a BFC statement.

Making payments at BFC through Ventaja will erase the need to complete forms for every payment, as well as ensure that all payments are validated and that no payments overlap, it added.

Commenting on the partnership, BFC general manager Errol Fonseca said, “The launch of this service places BFC at the forefront of the remittance business providing services which relate back to our core values – trust, care and efficiency.”  

Bobby Calimoso, BFC Philippine business development officer said, “We understand the difficulties customers face being away from their home countries and strive to make their lives easier and more convenient through our services. The Ventaja service will do just this and customers can have the peace of mind that their payments will be made on time.”

Darlene Marie B. Berberabe, the CEO of Pag-ibig said the service provides the firm with a greater and more efficient way to reach out to its customers and offer them the top service they deserve. We welcome this collaboration and are sure that the Ventaja agreement with BFC will help expand the collection facility.”

Danny Q. Calape, the area head for SSS Operations Riyadh said, 'With this e-payment system, there will be an outright validation of payments.'

The partnership has also received great support from the local Philippine Embassy.
 
On the deal, Consul, Raquel R. Solano said, “BFC’s one stop shop makes it convenient and accessible for all Filipinos in the Kingdom and we hope BFC will continue to engage in partnerships with Philippine government agencies to advance the interests of the Filipino community in Bahrain.”

BFC said the service charge to the customers using this service has been kept to a minimum with rates starting at BD1 only.-TradeArabia News Service




Tags: Philippines | Bahrain Financing Company | e-payment | telecom products |

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