July 12, 2013

Lazada Philippines and MegaLink Inc. Launches New Payment Method

MegaLink Head of Relationship Managers Jennifer Tantan, MegaLink President Benjamin Castillo
Lazada PH CEO & Co-founder InancBalci, Lazada PH Marketing VP Paul Mendoza

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.

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.”


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

Currently, the service allows the following banks within MegaLink: Unionbank of the Philippines, United Coconut Planters Bank, Cooperative Rural Bank of Bulacan, MASS-SPECC Cooperative Development Center and Pacific Ace savings Bank, with plans to grow more participation among other banks before the end of the year.

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

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 the largest interbank network in the Philippines; connecting the ATM networks of 19 members in the countrywith a total of more than 2,921 ATMs nationwide andhandling more than 795,000 transactions a day.


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