Filtered By: Money

PAL partners with FDFC for ‘Fly Now, Pay Later’ program

Flag carrier Philippine Airlines (PAL) has partnered with BillEase operator First Digital Finance Corp. (FDFC) for a “Fly Now, Pay Later” program with installment payment methods.

Under the partnership, customers can book airline tickets and pay over time, through monthly installments over three, six, nine, or 12 months. The first installment will be due 15 or 30 days after booking.

Customers will have to present a valid identification card to sign up, and they will be shown the actual amounts including the exact date of installments and a disclosure statement before completing the purchase.

“This latest service innovation using a card-free installment solution adds more flexibility to our flight booking process,” PAL Senior Vice President for Sales and Marketing Oscar “Ren Ren” Reyes said in an emailed statement.

“This latest offering is part of our goal to provide customers a transparent and flexible way to pay. Travelers can now enjoy an installment plan when they’re booking their tickets, removing some of the hassle and added costs of planning a trip during the new normal,” he added.

PAL filed for bankruptcy in New York earlier this month, as part of its restructuring plan. It is confident to exit the corporate restructuring process by the end of the year.

PAL also earlier called on the government to consider easing travel and quarantine restrictions for fully vaccinated individuals.

“Our partnership with PAL is focused on providing what customers need and delivering a differentiated customer experience for travelers,” said FDFC Chief Executive Officer and Co-Founder Georg Steiger. — RSJ, GMA News