iBayad Online Ventures, Inc. is a FinTech (Financial Technology) start-up company in the exciting field of mobile payments and e-commerce. Our company endeavors to bring innovative solutions for micro entrepreneurs and SME’s, with the purpose of empowering their businesses with technology, which will allow them to remain relevant and competitive, in their respective industries. We likewise aim to deliver beneficial financial services to the unbanked and underbanked sector of society, who remain unreached and unserved by traditional financial institutions.
We intend to specifically cater to emerging markets, primarily in the Philippines but also other countries in the South East Asian region, with a focus on the development and distribution of:
An app based mobile point-of-sale (mPOS) and payment facilitating solution that utilizes the Philippines first, Bancnet approved, mobile card reader. “solb!” enables ANY merchant, whether business or individual entrepreneur, with the ability to accept bank ATM cards, credit cards, debit cards, loyalty cards or any other type of card payment, anytime, anywhere.
A mobile app and web based platform which gives access to an online ecosystem of products and services for migrant workers. “miLine” enables migrant workers to cost-effectively communicate and conveniently support and take care of their families and other beneficiaries needs, in their respective home countries.
“ElecTraNet Mgr MkII”
Electronic Transaction Network Manager is an infinitely flexible, mobile-optimized, multi-platform, solution. It is a powerful tool that gives enterprise users complete control over a multitude of financial transactions; a multi-pocket e-wallet, banking services, payment processing, electronic vouchers, and a loyalty rewards program all in one single, modular-designed software system.
iBayad is a locally registered corporation founded by Technopreneurs with the support of two other locally based technology companies: Paytyche Solutions Inc. and Mobeelity Innovations, Inc. We are likewise backed by a team of strategic foreign equity investors coming from the Information Technology, Telecommunications and Global Investment Banking Industries who believe in our endeavor to drive for innovations in the mobile payments and e-commerce space, as well as in our advocacies, to help developing-countries’ progress into a cashless society, and the financial inclusion of the bottom-of-the-pyramid.
iBayad is about bringing the best and brightest innovations brought about by the convergence in Financial Services and Mobile Communications. Our solutions demonstrate an incremental and radical / disruptive innovation in the development of applications, processes, products or business models for the financial services and mobile communications industry. We are driven by our passion to help improve every person’s life in this current mobile commerce revolution era.
Our mission is to accelerate the adoption and transformation of every consumer’s traditional spending behaviour from cash-centric transactions to card and mobile payments, as the standard payment format in this new information economy.
To achieve our objectives, we are utilizing our home-grown and award winning technologies and software systems currently deployed in over 30 countries worldwide.