Flight carrier Philippine Airlines (PAL) now has a "Fly Now, Pay Later" option for passengers to be able to book airline tickets and pay overtime as PAL partnered with First Digital Finance Corp. (FDFC).
The company uses BillEase, a buy now, pay later app that provides a "smart alternative" to funding large purchases, such as airline tickets, Georg Steiger, chief executive officer and co-founder of FDFC, said.
"We're excited to enable customers to book their flights with a hassle-free payment option. Our partnership with PAL is focused on providing what customers need and delivering a differentiated customer experience for travelers," he said in a report by PhilStar.
BillEase is a flexible alternative to credit cards and e-wallets; it allows customers to apply for a point-of-sale loan and pay over three, six, nine, or 12 monthly installments.
Additionally, it doesn't require customers to sign up for a credit or a debit card, and the service is card-free. Customers can also be assured that the interest rate is affordable and there are no hidden fees as they can view how much they will pay.
According to PAL senior vice president for sales and marketing Oscar Reyes, this card-free installment solution added more flexibility to its flight booking process.
"This latest offering is part of our goal to provide customers a transparent and flexible way to pay. Travelers can now enjoy an installment plan when they're booking their tickets, removing some of the hassle and added costs of planning a trip during the new normal," Reyes said.
How to Sign up?
PAL customers just need one valid ID to sign up, then get approved in less than five minutes to complete their booking.
A disclosure statement and the actual purchase amount, plus the exact date of installments, are shown to the customer before completing the purchase.
Furthermore, the first installment is not due until 15 days or 30 days after the trip is booked.
Customers booking tickets directly and paying through BillEase provides them with plenty of benefits such as more control to their travel experience, and it can also increase their savings, as customers who use it may be eligible for exclusive deals such as zero-interest installment plans.