Gate News message, April 21 — Atome Philippines has partnered with Bayad, a Philippine bill payment platform, to allow users to pay utility, internet, and government contributions directly within the Atome app.
The integration grants Atome access to Bayad’s network of billers, enabling users to manage multiple payments on a single platform and simplify budgeting. Users earning rewards points on utility bill payments made through the app as the company expands its financial services offering in the Philippines.
Atome Financial, the parent company, posted its first full-year profit in 2024 with operating income rising 63% to $236 million. The Philippines is a key growth market; Atome recently secured a $75 million asset-backed financing facility from Lending Ark to fund expansion. The company has issued over 2 million PayLater Anywhere Cards in the Philippines, predominantly to first-time cardholders.
The partnership extends Atome’s reach from retail credit into everyday payment tasks, increasing user engagement and providing insights into recurring household spending patterns. The move aligns with Southeast Asia’s underbanked landscape, where credit card penetration remains below 10% in most countries, bringing credit access into routine payments.
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