Author Topic: Bayad Center business and franchise  (Read 68982 times)

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annanymous

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Re: Bayad Center
« Reply #15 on: Oct 23, 2006, 06:43 PM »
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Nakalagay sa site na 'to: http://www.cis.com.ph/new/bayad_center/frameset_down.htm ang mga requirements para maging Bayad Center agent. Pero hindi naman binanggit kung magkano ang fee.

nailbiter

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Re: Bayad Center
« Reply #16 on: Jan 24, 2007, 12:31 PM »
Meron ba sa inyong may direct feedback from a Bayad Center franchisee? Kumusta kaya ang kita rito? Andaming kumpetensya: banks, RCPI, 7-11, SM malls, Robinson's malls, Mailstation, Mail & More, online banking, phone banking...
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lehboy

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Re: Bayad Center
« Reply #17 on: Jan 24, 2007, 12:47 PM »
Balita ko from before pa, paramihan ng transactions, kahit gaano kalaki yung bayad, per transaction talaga. So dapat high foot traffic na area.

sam_1_els

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Re: Bayad Center
« Reply #18 on: Jan 24, 2007, 06:37 PM »
^ tama ka lehboy. May bayad center malapit dito sa amin pero tuwing dumadaan ako, palaging walang tao, as in wala talaga. ewan ko lang kung kumikita sila.

Samantala haba-haba ng pila ng nagbabayad sa main office ng Meralco, walking distance away lang naman yun sa bayad center.
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FutureGizmo

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Re: Bayad Center
« Reply #19 on: Jan 29, 2007, 10:05 AM »
Nakuwento ko nga yan dati dito sa forum. Magbabayad ako nun sa Meralco, pagpunta ko sa Meralco opis, sobrang haba ng pila abot hanggang labas. Samantalang yung Bayad Center sa mismong tapat ng Meralco, walang nagbabayad. Ang labo. Kaya dun na lang ako nagbayad nde pa ako naghintay.
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maaku

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Re: Bayad Center
« Reply #20 on: Jan 29, 2007, 10:22 AM »
^baka hindi alam ng tao na pwede magbayad dun o kaya baka akala nila e may surcharge...

FutureGizmo

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Re: Bayad Center
« Reply #21 on: Jan 29, 2007, 10:37 AM »
Exactly. Ang una ko ring tanong sa BayadCenter nung pumunta ako, kung may additional fee. Sabi naman nila, wala. Sabi ko sa sarili ko, ang hina naman ng marketing nitong Bayad Center na 'to. Kung gumawa ba naman sila ng flyers o leaflet tapos pinamigay dun sa mga nakapila sa tapat ng Meralco e di lumipat sana yung mga tao sa Bayad Center para magbayad.
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sam_1_els

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Re: Bayad Center
« Reply #22 on: Jan 30, 2007, 08:50 PM »
^ yun nagbayad ako sa office ng meralco, nagaabot yung security guard ng flyers ng bayad center. sa palagay ko di pa talaga siguro sanay mga tao magbayad sa mga ganun at sa mga banks.
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Bentong

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Re: Bayad Center
« Reply #23 on: Feb 07, 2007, 11:26 AM »
Kung ako ang may-ari ng bayad center na yun, ako mismo mamimigay ng flyers ng bayad center ko at sasabihan ko pa mga tao na kung ayaw nila pumila ng mahaba sa bayad center na lang maikli ang pila and same lang ang babayaran  :hihi:

cyclops

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Re: Bayad Center
« Reply #24 on: Feb 07, 2007, 09:47 PM »
baka naman overdue na yung bill nila kaya di pwede sa bayad center. sa bank kasi di na tinatanggap pag lampas na sa due date.

sicalsem

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Re: Bayad Center
« Reply #25 on: Feb 08, 2007, 07:50 AM »
Bayad center accepts late payments for Meralco and Maynilad. Di ko lang alam ang other companies.

late last year, a maynilad messenger delivered the wrong water billing statement to us and could no longer return  the right one to me. I refused to pay at  their office because it will be too troublesome for me. I was advised by the Maynilad office that I can pay in any Bayad Center as long as I bring an old billing statemant . The Bayad center at the basement of Farmers Market accepted my payment after verification with Maynilad.

fionixe

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Re: Bayad Center
« Reply #26 on: Feb 09, 2007, 09:45 AM »
^ hmm.. dati nung nagbayad center ako para sa bill namin sa meralco, di nila tinanggap yung bayad.. :( tapos yun pala pwede...  :confused:
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nailbiter

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Re: Bayad Center
« Reply #27 on: Apr 19, 2007, 11:59 AM »
May website na sila: www.bayadcenter.com
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baludoy

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Re: Bayad Center
« Reply #28 on: Aug 03, 2007, 11:47 PM »
marami na rin mga companies nag pull-out sa kanila (hindi na puwede mag bayad sa kanila in other words).  w/ a franchise fee priced like that, when  i wonder will you get the roi?

gobilamyaoka

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Re: Bayad Center
« Reply #29 on: Aug 14, 2007, 09:50 AM »
Nakalagay sa site na 'to: http://www.cis.com.ph/new/bayad_center/frameset_down.htm ang mga requirements para maging Bayad Center agent. Pero hindi naman binanggit kung magkano ang fee.

According po dito sa isang article ng Philippine Star

Quote
The counter-kiosk needs approximately nine square meters of space and P339,000 in investment to cover the franchise fee, equipment, furniture, fixtures, and leasehold improvements. The stand-alone needs about 15 square meters and P487,000 in investment to accommodate two payment counters. Estimated payback at nominal volumes is between 1.6 to two years.

The entire article states:

Quote
Bayad Center joins franchising fray
By Carla Paras-Sison
Monday, August 6, 2007

Ten years ago, Bayad Center pioneered the one-stop neighborhood payment shop concept.

Initially collecting bills payment for parent company Meralco, Bayad Center now collects payments on behalf of 45 companies, called billers, through 762 outlets. Of these, only four are company-owned and the rest were established by third-party collecting agents who will eventually be migrated to the full franchising model.

Bayad Center joined the recent 6th Filipino Franchise Show organized by the Association of Filipino Franchisers, Inc. and launched its counter-kiosk and stand-alone franchise models at the exhibit.

The counter-kiosk needs approximately nine square meters of space and P339,000 in investment to cover the franchise fee, equipment, furniture, fixtures, and leasehold improvements. The stand-alone needs about 15 square meters and P487,000 in investment to accommodate two payment counters. Estimated payback at nominal volumes is between 1.6 to two years.

Bayad Center president and chief executive officer Manuel Lorenzo L. Tuason believes the payment center has much room to grow. We are the neighborhood payment center. Most people get intimated when they go to the banks. So they go to the Bayad Center. They feel right at home and save on transportation by paying several bills in one visit.

Bayad Center charges franchisees two percent of gross sales for a system-wide marketing fund but does not charge royalties. Since the outlet's success is based on the number of transactions processed, it is important to choose a good location.

Applicants must make their own market study on the site they are eyeing. This study will be validated by Bayad Center and upon acceptance, staff will be trained for two weeks follow. Bayad Center promises to open an outlet within 60 days from signing the franchise agreement.

The agreement is valid for five years, and is renewable at the rate of 30 percent to 40 percent of the franchise fee at the time of renewal.

In addition to earning from transaction-based service fees, Tuason says its franchisees have the potential to offer other value-adding services such as money remittance and cellphone credit loading, which will definitely benefit clients of Bayad Center going forward.

There are actually 200 Bayad Centers in 20 countries, mostly connected with remittance companies. Stand-alone franchisees will in fact immediately be able to offer remittance services to the communities in which they locate.

More billers or companies requiring collection services are expected to sign up with Bayad Center, including schools. Billers choose us because we are everywhere. And there is actually a demand for payment to schools since many parents and siblings working abroad want to pay the school fees of their dependents directly, says Tuason.

Unlike banks, Bayad Center does not require billers to maintain a minimum deposit with the company to collect and account for payments accepted on their behalf.

« Last Edit: May 03, 2012, 12:11 PM by FutureGizmo »
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