Lazada Philippines and MegaLinkInc. Launches New Payment Method

The country’s biggest online shopping mall, Lazada, is officially the only e-Commerce company in the Philippines accredited by MegaLink, a major ATM Network in the country.

MegaLink Head of Relationship Managers Jennifer Tantan, MegaLink President Benjamin Castillo

Lazada PH CEO & Co-founder InancBalci, Lazada PH Marketing VP Paul Mendoza

Purchasing goods at www.lazada.com.ph is now made easier as the recently signed partnership introduces a first in local e-Commerce. It allows online shoppers all over the country to conveniently choose a payment option most convenient to him/her, adding MegaLink to Lazada’s proven and flexible existing methods: Cash On Delivery, Credit Card, Installments and PayPal.

CEO and Co-founder InancBalci states, “We, at Lazada, want to continuously improve the shopping experience for our customers. MegaLink payment option will make shopping at Lazada more convenient. Customer satisfaction is our top priority.”

Through this new payment method, customers can pay for their orders using their MegaLink ATM and Cash cards. 

Currently, accepted MegaLink cards areUnionbankATM Cards, UCPB ATM and Cash Cards, MASS-SPECC Cooperative Development Center ATM Cards and Pacific Ace Savings Bank ATM Cards. More MegaLink cards from the rest of the MegaLink network participants will be available before the year ends.

Lazada will shoulder all service charges making this feature a very enticing option to the millions of Filipinos bearing cards within the MegaLink network.

Here's a brief know about Lazada and MegaLink:

About Lazada:

LAZADA, a venture of Rocket Internet, is Southeast Asia’s biggest online store, with presence in five countries – Thailand, Malaysia, Vietnam, Indonesia, and the Philippines. LAZADA PH offers over 20,000 consumer products, ranging from electronics, appliances, to health and beauty items, as well as apparel and school supplies.

About MegaLink:

MegaLink is one of the largestATM networksin the Philippines providing electronic financial services to its participants enabling them to transact in various electronic channels 24 hours a day, 7 days a week. MegaLink was formed in 1989 and was the first operational shared ATM network. Currently, MegaLink has a shared resource of more than 3,000 ATMs, over 40,000 POS terminals and 16 million cardholders.