Bayad Center Franchise: Costs, Fees and How to Start One

Time is Gold. This is a famous quotation and indeed holds true and is very applicable especially to busy individuals nowadays. In this fast paced life, one has to look for convenience in everything that he or she does and this includes being in a place where you can simultaneously perform tasks that addresses very basic needs. This includes money matters such as monthly bills to pay and even remittances which are now considered as a basic need to fulfill. To whichever status you may belong in society, one of these is your monthly itinerary. To answer all of these (monthly) household concerns, Bayad Center was born to conveniently make way to make life easy especially for Filipinos.

Company History

Bayad Center which is a sister company of the Manila Electric Company (MERALCO) plays in the Outsourced Payment Collection Industry.   It pioneered the concept of providing convenience when it comes to bills payment collection. The company started in 1997 and was known as the Payment Collection Service, a division of Corporate Information Solutions, Inc. or CIS. Then in 2006 it became CIS Bayad Center, Inc. In the vision that they want to be accessible to all parts of the country, CBCI ventured into franchising. The success of the company then started as many awards have been given to acknowledge its noble way of doing business. Today, Bayad Center is the leader in the over the counter multiple bills payment collection business providing convenience to all Filipino families. It provides services in almost all sectors including utilities, government service, telecommunications, cable TV, internet insurance, pre-need, healthcare, transportation, electronic wallet, credit card, real estate, financial services, arts & entertainment, columbary, memorial park, and charities.

Bayad Center Services

Bayad Center Franchise PhilippinesThe company offers and accepts three major services to its clients. These are (1) Remittance Pay-out. This means that if you have funds from abroad deposited through partner banks, you can pick it up conveniently at any Bayad Center outlets without hassle and worries. (2) Business Center Services. This is where you can process any consumer applications such as credit cards to loans with a long list from partner banks. Loading services are also made available with any networks. (3) Bills Payment. This is the where convenience is clearly depicted as the list goes on. From tuition fee payments to real estates and even entertainment, name it, they have it all.

Franchise Details: Franchise Fees, and Costs of Perating a Bayad Center Franchise in the Philippines

For interested entrepreneurs who would like to venture into offering a unique kind of business such as a Bayad Center outlet. Here are some important franchise information. Franchise Fee is P350,00.00 (exclusive of 12% VAT) with a term of five (5) years. Equipments needed for the outlet is estimated to be around P120,000.00 and renovation cost is around P130,000.00. There is a cash bond amounting to P600,00.00. The needed floor space is 15 square meters (minimum). The return on investment is projected to be around two (2) years. In summary, the total investment cost is approximately P1.2 Million pesos.

How Do I Earn in This Kind of Business?

Simple, for every transaction, the franchisee earns the following:

  • Payment collection (P6.00-7.50/transaction)
  • Money remittance service (P55.00/transaction)
  • Credit card application (P200/approved application)

This means that franchises earn service fees from every payment transaction, thus if the location of the center is very accessible, high traffic and has flexible business hours, it’s a guarantee that profit will surely rise. Also, if the franchisee has already an existing business, adding Bayad Center services will attract more customers and will even ensure loyalty with you.

Steps on How to Become a Bayad Center Franchise

Below are the steps you need to do if interested to franchise a Bayad Center in your area:

  1. Log on to Bayad Center official website at bayadcenter.com.
  2. Fill in the on-line contact information found at the Contact Us Icon
  3. Choose the “Franchise Inquiry” in the Category box
  4. Type in details of your inquiry in the message box
  5. Wait for the response of the company to your inquiry

For Your Franchising Inquiries, Contact the Following:

ANTONETTE P. GIRAY  mpgiray@cis.com.ph
MS. ABHIGAIL A. OCAMPO aaocampo@cis.com.ph
MS. TZADDI CARREON trcarreon@cis.com.ph

Tel:  (02) 631-2222 local 6067
Mobile:  (0925) 814-3266

Check out their office address at:

CIS Bayad Center Inc.,
Business Solutions Center
Meralco Complex, Ortigas Avenue,
Pasig City, Philippines

Tel. (632) 1622 6067

 




49 responses to “Bayad Center Franchise: Costs, Fees and How to Start One”

  1. vann says:

    Hi.Im vann from cavite.how much the cost of franchising?What is the requirements?pls pm me at 09182628180.thanks.

  2. angela says:

    meron po ba ung magiging extension lng po

  3. angela says:

    mag kano po pag for billing lang po?

  4. SHERYL EPINO says:

    HOW MUCH PO ANG FRANCHISE AT ALL COST NG FRANCHISE NG BAYAD CENTER

  5. Jesusa says:

    Magknu po ung franchise lng s barangay? Mas ok po kc kpag s brgy lng ang bayad center. For meralco and maynilad kc ang pinaka mrming nagbbyad. Wla po bang mas mura?

  6. Beth Custdio says:

    Bills payment lang po sana para lang sa mga residents ng subdivision namin. Mga magkano po kaya capital needed.
    Thank you po.

  7. REWEN APALACIO says:

    HI! i own a payment center herei iloilo. But i AM PLANNING TO CHANGE to abtter payment center that could give a better income oppurtunity. I would like to ask if how much yung franchise fee nang BAYAD CENTER.

  8. Rhemy can anthea says:

    HOw much po ang franchise ng bayad center,balak k sana magtayo dito sa amin barangay.Ty

  9. Elsie Torreno says:

    How much ang franchise kung bills payment lang like meralco, maynilad, pldt, cable lang?

  10. Neriza says:

    How much is the capital need in this business. Thank you and God bless !!

  11. Jennifer S.Belgera says:

    How much po ang cost for small bayad center franchise?

  12. Neneth Ebreo says:

    How much po kapag mg franchise if ang location is sa barangay lng.thank you

  13. Oscar Miranda says:

    How much po lahat kung bill payment lng w/out remmitance???

  14. Rosalia Martinez says:

    For Bills Payment lang po sana, how much po yun? Thanks

  15. Abnir Icmat says:

    Do you have a little lower investments for bayad center?

  16. Evelyn Agustin says:

    How much capital needed for small bayad center in a residential subd. Bills payment & remittance.what are the requirements. PM n lng po. Thanks

  17. Marichu M. Maralit says:

    Magkano po kung bill payments lang at remittance from one place to another? Di po ba mas mababa kung within the barangay lang ang location?

  18. Jane Kua says:

    How much po if bills payment lang ang ifranchise within a subdivision? Thank you.

  19. Mica says:

    how much would it cost for remittance?thanks.

  20. Alma soriano says:

    Bayad center in our barangay only and can also be.sending or claim of remitances within our barangay…tnx po

    • Alma soriano says:

      How much will i ned to start kaya i just really wanted to have small home bisinesa in our place…how to much to pay for the franchise

  21. Michael Jacinto says:

    How much is the franchise Fee for Bayad Center. Thnx

  22. Pascual Constantino says:

    Maganda po yung place ko nasa rotonda kami sa katunayan meron ako bakery at maykasama ng grocery malakas ang bakery namin maykatabi ako na barbershop na umuupa sa amin plano ko paalisin at lagyan ko ng bayad center bali may building na ako ang space niya almost 15 sq/m. Ang layo nami sa bayan ay 1 km kaya lang matraffic papunta doln kaya naiispan ko maglagay ng bayad center. Tanong ko lang yung bang 350, 000 na franchise fee after the contract di ko na makukuha.

  23. Anna maria luna says:

    How much po ang cost ng maliit n bayad center

  24. Cherry says:

    Good evening,pwede ba Bayad Center n Home based lang? Kung pwede How much yung franchaise or Members fee? Thanks and God Bless

  25. Elena sapo says:

    Hello, magkno po ba franchise ng bayad center? Thanks

  26. Admin says:

    Puro “how much?” ang tanong nyo. Hindi nyo ba binasa yung article???

  27. Say says:

    good pm, do you have package lower then 1.2m?

  28. Carmie Vallente says:

    details po how to franchise bayad center..thank u po..

  29. Cenen Timotea V. Calleja says:

    I am interested to franchise your service…. wala ba kayongpay staggard payment cheme…. patulong naman po. In ten years’ time, i will be retiring. Kaya kailangan kong may pagkakitaan na eatablished ko na… Salamat po.

  30. Aimee c. Sanjorjo says:

    Magkano po pinaka low na offer nyo sa bills payment lang po?

  31. maan basilio says:

    why is there a cash bond of 600th aside from the franchise fee and rennovstion and equipment fee? what for is the cash bond?

  32. Justine Yvonne Jurado says:

    How much the franshise fee sa starting business like me. Small business

  33. Justine Yvonne Jurado says:

    How much the franchise fee sa starting business like me. Small business

  34. Bai Guiamalon says:

    Merun po ako puwesto na mini groceries,harapan lang ng bahay ko at gusto ko po nagkaroon ng bayad center at ako po mismo mag ooperate, merun po ba medyo mas mababa sa 350K na franchisa?

    Salamat po sa sasagot
    General Trias cavite

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