UnaCash, an all-digital cash loan application solution, will now be offering point-of-sale (POS) loans to clients through Buy Now, Pay Later (BNPL), hoping to ramp up its financial inclusion efforts.

UnaCash highlights its maximum loanable amount from P3,000 to P50,000 with the flexibility to extend its payment terms up to 12 months. With an interest rate that begins at 0% up to 10% max, the new update allows its customers to have access to lifestyle improvements without straining their finances.

“Credit accessibility remains a strong need in the Philippine market,” said Aleksei Kosenko, the president and CEO of UnaCash. “With this in mind, we wish to provide a convenient alternative to consumers and process in-store purchases through UnaCash, as easy as buying everyday items at a grocery store.”

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Along with the POS loans, UnaCash also introduced products from merchant partners ranging from smartphones, laptops, computers, appliances, furniture, and hardware. Partner merchants are also offered multiple sales channels via the UnaCash app platform, QR codes for merchants for faster processing of in-app installment applications, and low and flexible merchant fees.

“We maintain a high level of confidence that we will reach our projection of expanding our in-store loans across the Philippines,” Kosenko said. “We highly value the potential of the local market, as we do with our partner merchants and we will continuously provide innovative solutions and ensure that they each achieve the maximum visibility they need in the marketplace through the UnaCash platform.”