Bayad, the fast-growing fintech network in the Philippines, continues to lead in the industry as an outsourced bills payment collection service provider, enabling a one-stop-shop payment solution for its consumers.
“Bayad’s PCIDSS 4.0 certification attests to our commitment to harnessing technologies that will foster security, efficiency, and scalability in digital payments. The robust cybersecurity measures we implement enable us to confidently innovate and co-create projects with various stakeholders centered on our goal of maintaining a frictionless customer experience.”
Rolly N. Bañez, Bayad Deputy Chief Information Security Officer
Bayad PCIDSS 4.0 Certification
Bayad, formerly Bayad Center, has rebranded as a digital-first institution offering services for consumers and enterprises. It has expanded its payment ecosystem by connecting billers with leading establishments and e-money players in the country.
Today, the company stands as a fintech subsidiary of Meralco, the largest electric distribution utility company in the Philippines.
As the company enhances its backend and frontend solutions, it also intensifies its cybersecurity measures, where trust and convenience remain at the core of its consumer protection standards.
In line with these efforts, the company has successfully obtained its Payment Card Industry Data Security Standard 4.0 (PCIDSS 4.0).
The fintech network has been certified for its fintech solutions by SISA, a cybersecurity company specializing in risk assessment, security compliance, threat hunting, and payment security training. The fintech network’s security features include multi-factor authentication, key management systems, data-at-rest encryption, secure wipe solutions, and a web application firewall.
For fintech institutions that are interested in being part of the company’s extensive bill payment network, you may send an email to [email protected]. The fintech brand enables partners to attain a nationwide presence and provides end-to-end support services for efficient and secured payment collection processing.
For more information, visit their website.
Started his freelancing adventure in 2018 and began doing freelance Audio Engineering work and then started freelance writing a few years later.
Currently he writes for Gadget Pilipinas and Grit.PH.
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