Buy online, anywhere PHA Insurance with BSP

Date: Wednesday 29th July, 2020

Bank South Pacific (BSP) is thrilled to announce the launching of online payments for insurance products from PHA Health Assurance Company Limited for ease of payments through their website.

PHA is a digital insurance company that provides insurance protection for individuals and corporate clients with the aim of providing access to affordable healthcare plans and general insurance for all Papua New Guineans.

Specialised in health insurance in PNG, with over 30,000 customers, PHA also offers general insurance in property, engineering, marine, motor, specialty lines, travel and all forms of legal liability insurance products.

Adding to the existing payment preferences of customers from the conventional cheques to bank transfers, PHA now partners with BSP to successfully integrated online payments for its customers through the PHA website   

"An online payment gateway will allow us to reach a more significant segment of customers simply because it gives them the flexibility of purchasing insurance in different ways. Whether it is with credit or debit cards, or online payments through mobile, the customer will enjoy a new experience of engaging with insurance - seamless buying experience from any mobile device at anytime - 24/7, 365 days a year. Our partnership with BSP is strategic as we grow the overall fintech ecosystem in the region and the future of digital insurance in PNG" - Raj Juta, Chairman and CEO of PHA Group.

PHA's technology is built by YOORS Digital, an innovative technology provider from Singapore, that is easing the transformation journey businesses are undergoing in terms of innovation, contactless, paperless - with a focus on point of sale, partner ecosystem and middle office automation, leveraging modern technologies.

BSP encourages businesses to consider moving online and ensure there is support with every step of the on-boarding processes. Businesses interested in setting up a payments page on their website can contact BSP through email and call BSP 3201212 or 70301212.


PHA Team welcoming the new online payment for its customers