SureServ, the financial technology firm that introduced the “Gamot Now, Pay Later (GNPL)” service, has finalized a major partnership with Mercury Drug, one of the Philippines’ most extensive and trusted drugstore chains. This strategic collaboration is set to make immediate, affordable healthcare access a standard reality for the working Filipino population.
The announcement is underpinned by three years of proven success for the all-Filipino-powered company:
80% User Retention Rate: A figure that underscores the service’s utility and its successful integration as a daily financial solution.
Triple the Projections: SureServ’s overall growth has tripled initial forecasts, confirming the high demand for accessible healthcare micro-financing.
altjDoubled Transaction Volume: Members have doubled their transaction frequency compared to using cash, demonstrating the operational effectiveness of the GNPL model.
Closed-Loop System Meets National Retail Power
The core innovation of SureServ, conceived in 2019 by President & Founder Johnny Bondoc, is its proprietary closed-loop system. The app, which was positioned as a bid for “much-needed healthcare modernization for hardworking Filipinos,” was the first of its kind in the country.
It provides a convenient, secure healthcare credit line where members from corporations can instantly access services and simply pay the amount through efficient salary deduction.
The pandemic year of 2020 amplified the need for this timely, revolutionary idea, proving that quality healthcare must be conveniently accessible.
The new partnership with Mercury Drug means that employees of SureServ’s partner companies—drawn from vital industries including Manufacturing, Manpower, Retail, SME, and BPO—can now:
Immediately avail of medicines and vital health essentials from Mercury Drug stores nationwide.
Pay later through a pre-arranged, simple salary adjustment.
This mechanism effectively addresses the critical financial barrier, ensuring millions of workers can prioritize urgent medical needs without upfront cash worries.
A Mission to Uplift and Secure the Workforce
Johnny Bondoc, Founder and CEO of SureServ, articulated the humanitarian and financial mandate of the expansion:
”SureServ was built on the idea that no Filipino should have to choose between their health and their financial stability,” Bondoc said. “By partnering with a trusted name like Mercury Drug, we are effectively bridging the gap between urgent medical needs and affordability, empowering employees to access care immediately.”
The service is framed as a key tool for financial inclusion within the healthcare sector. With existing partner merchants providing nationwide coverage and industry-respected doctors, the Mercury Drug alliance significantly broadens the company’s impact.
For companies, GNPL offers a valuable, innovative, and hassle-free way to enhance employee wellness and retention programs. For the worker, the partnership ensures peace of mind for when the unexpected happens, marking a definitive step in achieving accessible credit lines for Filipinos.
