Mocasa makes shopping more convenient with its Pay Later Anywhere feature

Making transactions easy and safe anywhere, anytime

The Philippines lags behind its Southeast Asian (SEA) neighbors when it comes to financial inclusion. About 78% of the country remains unbanked and underbanked while the credit card penetration stands at 3% as of 2022. Prolonging this situation are the lack of a solid cashless payment infrastructure as well as insufficient credit data. 

To bridge this gap, innovative credit payment app Mocasa chose the Philippines to be its first stop in introducing its Pay Later Anywhere scheme. It is also the only fintech company that provides a zero-interest rate credit line.