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How to Franchise: Bayad Center

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Interested to start your own Bayad Center franchise?

Here are relevant information that can help you understand how to franchise, how much you need and who to contact to start your own Bayad Center shop in the Philippines.

About the Bayad Center

franchise-logo-bayad-centerThe Bayad Center is a pioneer in the Philippines in the industry of Outsourced Payment Collections. It was established in May 1997 and was originally known as the Payment Collection Service, a division of Corporate Information Solutions (CIS).

In 2006, Bayad Center has spun-off from CIS to become the CIS Bayad Center, Inc. A year later, as part of its mission to be present in every possible neighborhood in the country, CBCI transitioned into a franchising organization.

At present, Bayad Center is owned by Meralco and is part of the Metro Pacific Investments (MPI) group of companies under Manny Pangilinan.

Main Products and/or Services Offered

  • Bills Payment
  • Remittance
  • Business Service

Companies Accepted for Bills Payment in the Bayad Center

  • Meralco (and other regional power companies such as Visayan Electric Co., PANELCO, Beneco, Davao Light, APEC, etc.)
  • Maynilad, Manila Water and other water companies (Laguna Water, Subic Water, Silang Water, BP Water Works, etc.)
  • Smart, Globe, PLDT, Digitel, PilTel, BayanTel, Sun Cellular, Subic Telecom, PT&T
  • PhilHealth, Pagibig, SSS, NSO
  • Cebu Pacific, Philippine Airlines, Air Asia
  • SkyCable, Cignal, Global Destiny, MyCATV
  • PhilamLife, Manulife, SunLife Financial, PruLife, CocoLife, etc.
  • Others

Total Franchise Cost / Investment

P350,000 franchise fee for 5 years, excluding equipment and cash bond (as of 2010)

Pay for Performance / Earnings for Franchise Owners

Franchisees earn a fixed amount per transaction processed. In the case of bills payment collection, for example, Bayad Center franchise owners get P5.00 to P7.50 per paid bill.

Other transactions are charged a different fixed commission amount.

Contact Details

MS. TZADDI CARREON

  • trcarreon@cis.com.ph
  • Tel. (632) 1622 6067

MS. ANTONETTE P. GIRAY

  • mpgiray@cis.com.ph

MS. ABHIGAIL A. OCAMPO

  • aaocampo@cis.com.ph
  • Tel. (632) 631-2222 local 6067
  • Mobile:  (0925) 814-3266

 

See also: Complete list of Philippine companies available for Franchising

Sources: Official Company Website

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About this post: bayad center franchise, how to franchise bayad center, bayad center franchise fee, bayad center franchise for sale, ussc franchise fee
  • litoy2x

    hi, any idea what will be revenue or income structure?

    • arwinilagan

      It says u earn fixed amount every bill paid. U gey 5-7.50 P.

  • June Philippines

    ano ibig sabihin ng franchise fee for 5 years? – 350,000 payable within 5 years and lifetime ownership na ng bayad center outlet na un? or 350,000 for 5 years contract and after that, i need to pay another 350,000 for the next 5 years and so on?

  • George Town