Citi, Global Payments enter partnership

CITI Phillipines said that it has reached a new deal with Global Payments to bring back Citi PayLite, its merchant installment facility.

"Our cardholders have the highest purchasing power, disposable income, and credit limits. So, we constantly challenge ourselves to serve them better, which is why are happy to announce the return of Citi PayLite, so our customers enjoy the advantage and convenience of paying in installment," Citi Philippines Consumer Business head Manoj Varma was quoted as saying in a statement released on Wednesday by the foreign bank.