Home Credit partners with Open Fabric to launch easy, secure payment solutions for merchants

Strengthening its efforts to digitize payments and make Filipinos’ buy-now-pay-later (BNPL) shopping experience hassle-free, Home Credit Philippines, the leading consumer finance company in the country, teams up with Open Fabric, technology business developing infrastructure for payments and financial services, to launch digital payment solutions for merchants.

Home Credit through Open Fabric soon will make it possible for partner merchants to set Home Credit Qwarta and Home Credit Card as convenient payment methods for customers in their websites. Through these methods, availing products are now made quicker, easier and secured.

BUx records 33x surge in transaction volume in 2021, expects to continue growth path this year

BUx, the Philippines’ leading all-in-one payment solutions platform operated by the country’s leader in open finance UBX, recorded a 33x surge in transaction volume in 2021, processing billions of pesos in gross transaction value, hitting its profitability targets as planned. 

The unprecedented growth was driven by an expanded portfolio of e-merchant partners across a wide range of industries, including SMEs, enterprises, marketplaces, and marketplace aggregators.