Mocasa Turns 1 - Born to Disrupt the Credit Industry with Better Digital Service

The credit payment provider Mocasa is celebrating a successful year by helping hundreds of thousands of underserved consumers in the Philippines get access to credit. The company achieved this by focusing on its credit payment system and capitalizing on its multifaceted platform. Mocasa’smission is to build a fintech ecosystem that enables underserved consumers to access flexible, affordable, and transparent credit services for their daily needs.

Mocasa offers its customers a brand-new way of paying with their credit, cashless. With the Mocasa Credit, users can pay for goods and services online or in-store at 0% interest within a billing cycle. Mocasa payment is accepted in scenarios including but not limited to utility bills, load and data packages,food and drinks, online e-commerce, gasoline, markets and groceries, and gift cards. Users just need to register on the app to obtain a line of credit on their phones without having to carry anything.

“We would like to take this opportunity to thank our users for their continued support, and we look forward to providing more new innovations in the coming years,” said Mr. Amiel De Sotto, General Manager of Mocasa.

Mocasa celebrated its first anniversary on January 14, 2023, in Makati City. There were raffles, games, and get-to-know-Mocasa sessions. The companyinvited more than 20 devoted users who were enthusiastic about the new features that were announced at the event. They had a thorough discussion on the matters that their users care about most, including but not limited to interest rate, billing cycle, how to use Mocasa, where to use Mocasa, how to make payments, how to take the best use ofthe platform to make life easier, etc.

What is in store for Mocasa users this year?

Cash Advance. On its first anniversary, Mocasa announced that its single-minute approval cash advance feature is now available for all its users. This feature was first made available to Mocasa users in June of last year. The company has now made this feature available to all of its users, and anyone can now use the Mocasa app to get a quick cash advance. If a borrower is eligible for a loan, the Mocasa App can approve it in 30 seconds. In 5 minutes, the loan proceeds will be credited to their GCash account. As usual, the application is completed on a mobile phone, with no paperwork required.
3–Installment Plan. The installment plan is back for another round of helping you achieve financial independence! Mocasa is once again offering its 3-installment plan to customers. The 3-installment plan is available on all products on the app and can be paid off in three easy installments. Simply wait for your billing statement before applying!