Global Brands Magazine (GBM), a leading UK-based organization that honors excellence by identifying the top brands across various industries, recognized UBX’s BUX as Best Digital Payment Facilitator – Philippines for 2021. More than 7,000 companies were evaluated in GBM’s latest study.
BUX, launched by UBX in 2019, is an end-to-end payment gateway for e-commerce. BUX offers a single payment platform, unifying various payment channels including over-the-counter, online banking, cash on delivery, e-wallets, installments as well as debit and credit cards.
To date, BUX has signed up close to 100,000 small and medium enterprises (SME) and individual users. As of February 2021, sign-ups increased 14 times and the transaction count has grown 57 times compared to the same period last year.
Low or no code
BUX continues to be a game-changer for Filipino entrepreneurs as it simplifies and addresses the needs of MSMEs.
It requires little to no programming experience because BUX is embeddable. Business owners can integrate BUX into their e-commerce website whether they are using Sentro, Shopify, WooCommerce, or PrestaShop, with more being added. There are no set-up fees involved, only competitive transaction fees whenever a customer checks out depending on the chosen payment channel.
MSMEs can accept payments from over 50,000 payment locations nationwide. They can also receive payments through payment apps and banks using either a debit or credit cards. MSMEs can easily send BUX payment links via chat, text, email, or Universal QR codes, making it convenient for customers to pay for products and services. Online sellers and business owners can simply track the payment status of their customers across multiple payment channels from their BUX dashboard.
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