Saturday, February 24, 2024

Bayad Partners with Sun Life Grepa: Elevating Financial Security with Seamless Insurance Payments


Bayad Partners with Sun Life Grepa: Elevating Financial Security with Seamless Insurance Payments

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CHAMPIONING DIGITAL FINANCIAL INCLUSION: Bayad Marketing and Account Officers (standing, 2nd to 6th from left) with Sun Life Grepa Affinity Marketing Sales Head for Partnership Distribution Marge Estrera (standing, leftmost) are present with (seated left to right) Sun Life Grepa Vice President for Affinity Marketing Joen Songco, Sun Life Grepa President Richard Lim, Bayad President and CEO Lawrence Y. Ferrer, and Bayad Chief Commercial and Marketing Officer Dennis S. Gatuslao.

Bayad, the leading brand in outsourced payment collection systems in the Philippines, proudly announces its strategic alliance with Sun Life Grepa Financial, Inc. This collaboration marks a significant milestone for Bayad, empowering its mobile application, Bayad App, to provide users with direct access to a range of insurance plans alongside facilitating seamless monthly payments for insurance premiums.

Lawrence Y. Ferrer, President and CEO of Bayad, emphasized the company’s commitment to improving the quality of life for Filipinos. By partnering with forward-thinking financial institutions like Sun Life Grepa, Bayad aims to enhance digital payment offerings, addressing the growing need for security in unforeseen circumstances such as accidents, illnesses, and retirement planning.

“At Sun Life Grepa, our mission is to brighten the lives of Filipinos by offering empowering life insurance products,” stated Richard Lim, President of Sun Life Grepa. The partnership with Bayad aligns perfectly with this mission, leveraging Bayad’s extensive network and payment expertise to reach more Filipinos. The collaboration not only ensures an exceptional client experience but also reinforces a shared commitment to financial inclusion and security.

For fintech institutions interested in joining Bayad’s extensive biller network, including companies like Sun Life Grepa Financial, inquiries can be directed to Bayad offers end-to-end support services, enabling partners to achieve nationwide presence and streamline payment and collection processing efficiently.

Discover more about Sun Life Grepa’s products and services by visiting, and experience the future of hassle-free insurance payments with Bayad and Sun Life Grepa’s innovative collaboration.