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Xendit, BillEase partner to provide cardless installment option to help ‘uncarded’ shoppers

Xendit, the Indonesia-based financial technology company that provides payment solutions, and First Digital Finance Corp. (FDFC), the fintech company behind the Buy Now Pay Later app BillEase, will be offering the PayLater solution to enable businesses or merchants to offer card-free installments in the Philippines.

A significant population in the country remains unbanked, which prompted the Bangko Sentral ng Pilipinas to call on the public and private sector to help in its drive for financial inclusion.

With the PayLater solution, merchants can now accept online payments through Xendit. This will help broaden the market base of businesses and provide an affordable and transparent installment option at checkout through a single integration. This means Xendit’s merchants can now add BillEase as a payment option with a few clicks. By offering BillEase at checkout, merchants can give their customers the option to split the cost of their purchases into installments either monthly or bi-weekly with no hidden fees.

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“Shoppers are increasingly looking for alternative ways to pay, and merchants who offer flexible payment options can rapidly improve their conversion rates and increase average order value,” said Georg Steiger, co-founder and CEO of FDFC. “We hope that by partnering with Xendit, it will help Filipino merchants grow more by removing unnecessary challenges customers face at checkout, especially for those who are unable to use credit and debit cards.”

0% rate

Xendit merchants that offer BillEase can allow customers to pay for their purchases online in monthly installments and pay the app over a period of three, six, nine, or 12 months with monthly interest rates between 0% and 3.49 % — the cheapest rate in the country. Merchants can also choose to offer 0% annual percentage rate (APR). For example, a P18,000 purchase would only cost P2,500 over six months at 0% APR.

“At Xendit, we aim to give our merchants the options needed to help their business grow by offering all types of payment methods,” said Yang Yang Zhang, managing director of Xendit Philippines. “Partnering with BillEase is crucial as the demand for installment solutions has grown in recent years, partly fueled by the pandemic. Additionally, merchants also see a huge demand from their consumers for this type of payment option. That’s why we’re excited to bring our PayLater solution to online retailers in the country.”


Xendit is a Y Combinator-backed financial technology company that enables businesses to accept and send payments across multiple channels. The company is focusing on API innovation that allows merchants to accept payment with ease on various channels, from debit and credit cards, online banking through Direct Debit, e-Wallets, to over-the-counter outlets, and online installments. Xendit is headquartered in Indonesia and recently expanded in the Philippines to offer this payment solution via API, hosted checkout, or third-party plug-ins via Shopify, Woocommerce, and WIX, among others.

The partnership with BillEase allows merchants to connect to Xendit’s API and enable BillEase’s payment products: Pay Later lets customers try the product and pay on their next payday with no interest. Pay in Installments enable customers to enjoy fully-financed purchases and spread payments over time at a zero-to-low interest rate. Pay with Down Payment allows customers to pay 1/3 up front and pay the rest in installments.

Manila-based FDFC is the first company to launch an integrated installment payment solution for e-commerce merchants in the Philippines that does not require customers to sign up for a credit card or debit card. Unlike credit cards and other alternative lending platforms, BillEase has a transparent agreement with customers with no fine prints, no hidden fees, and exaggerated interest rate charges.

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