Manila, Philippines – Local-based online payment processing platform PayMongo and buy now, pay later (BNPL) platform Atome have teamed up to expand BNPL acceptance among merchants in the country.
Through the partnership, it will enable PayMongo’s over 10,000 merchant network in the Philippines to offer their customers flexible deferred payment options, with no additional annual or service fees as an alternative checkout payment option.
Miel Pahati, head of partnerships at PayMongo, said, “Our partnership with Atome enables our merchants to offer a seamless and flexible payment checkout experience. With the growing trend towards digital payments and the appeal of zero-interest payment options, especially among digital-native customers, we’re confident this partnership will help our merchants grow sales and delight both new and returning customers.”
Meanwhile, Jeremy Wong, head of strategic partnerships at Atome, commented, “More than ever, consumers want choice, flexibility and a more personalised shopping and payment experience. Our partnership with PayMongo in the Philippines will accelerate the acceptance of flexible deferred payment options, and will support thousands of merchants in enabling a superior, secure checkout experience for consumers, in-store and online. This, in turn, will optimise customer conversion, increase average orders and repeat sales.”
As part of the partnership, local home appliance store Anson’s will be one of the first to adopt Atome payments via PayMongo.
Kristoffer Cheng, e-commerce and digital marketing manager at Anson’s, said, “Setting up Atome as a buy now, pay later option in our website was a quick and easy experience because PayMongo makes integration seamless.”