Cashalo introduces a new first-of-its-kind digital-credit payment solution
Posted On August 24, 2019
Cashalo recently launched its latest innovative product, Pay with Cashalo—a cutting-edge digital- credit payment solution designed to provide a transparent and consumer-friendly payment alternative to cash and traditional credit. It’s the first ever ‘airline ticket financing’ facility in partnership with Cebu Pacific.
More Filipinos now can travel to their favorite Philippine destinations via Cebu Pacific with Cashalo’s first-of-its-kind digital-credit payment solution. Pay with Cashalo empowers Filipino consumers to easily pay for their online or offline purchases over time, even without a credit or debit card. Travelers can book domestic flights up to a maximum of PHP7,000 on Cebu Pact and pay later in affordable installments over three or six months.
During the event, Oriente VP for Digital Commerce Linda Lan introduced to the members of the press the Pay with Cashalo. She shared that ‘Pay with Cashalo’ can transform how Filipinos from all segments of society transact online and build a more secure financial future.
The Pay with Cashalo option is fully integrated into the booking system of Cebu Pacific. Travelers can easily choose Pay with Cashalo as their preferred option and enjoy its benefits as they book their domestic flights, with application approval in as fast as three hours.
Candice Iyog, Vice President for Marketing and Customer Experience, Cebu Pacific said, “As Cebu Pacific enables every Juan to fly by broadening the base of travelers with affordable and accessible flights, our partnership with Cashalo will harness more potential travelers through a fly now, pay later scheme. It will enhance payment options for our customers and even provide assistance to those who have urgent travel needs.”
In the coming months, Cashalo will be partnering with many more e-commerce platforms and merchants to integrate Pay with Cashalo as a payment alternative.
Cashalo is deeply committed to developing innovative financial products designed to unlock financial access and opportunity for more Filipinos. Earlier this month the company launched its national grassroots financial education program – CashAcademy – that works with public and private sector partners to distribute offline and online learning modules and training resources purpose-built to develop a generation that is more financially aware and better equipped to make responsible financial choices, making them “Pera Experts”.