I’ve been a BPI account holder for more than ten years now and have witnessed how they keep on evolving. Yes, from simple to complex but more convenient banking system. From a basic mobile banking app that I used to have for my online banking transactions to a more upgraded version and now to an amazing digital banking app:
Imagine ticking off items from your to-do list with just one app or website. You’re on the move, and yet you can pay bills, get paid, shop, travel, transfer money, pay for dinner with friends, and still be able to say, “I still have so much time to spare.”
Indeed, this is the future of banking!
Where your bank is part of your everyday life, where ordinary day-to-day transactions are made easier and more convenient, freeing you to do more interesting or important stuff.
Bank of the Philippine Islands (BPI), the country’s pioneer bank has created a digital ecosystem to make all this possible right here, right now.
BPI Chief Digital Officer Noel Santiago said BPI aspires to be your everyday bank by making relevant financial solutions more accessible through its digital channels and ecosystem:
What we are creating is a lifestyle enabled by digital banking. It’s about helping people act in a more digital way, allowing them to get a lot of things done without missing out. Our digital ecosystem aims to make this possible.
BPI’s digital ecosystem has two components: Open Banking and the BPI Digital Platforms – BPI Online banking website, www.bpi.com.ph, and BPI Mobile app.
Santiago explained:
Our open banking is far-reaching and with near-limitless possibilities. We are capitalizing on this to grow our network of trusted partners so that clients can easily and conveniently transact via one app or website, wherever they are, whatever the need.
These nine partners with 36 services include GCash, Lazada, and Paymaya. Clients can load e-wallets to shop and travel with ease, pay bills and transfer funds for their personal errands.
BPI has also launched Bea of BPI, the first conversational banking app in the Philippines, giving clients the convenience of having the equivalent of a personal banker who can provide one’s account balance, or help transfer money to someone.
With these channels, you can send money to your own accounts, other enrolled accounts, anyone via QR code, or even to other banks. You can also view, subscribe, or redeem investments. You also have better control of your debit cards—set withdrawal limits, set purchase limits, temporarily block card, or turn on international access. For hassle-free banking at the branch, you can also set branch appointments in advance through the website.
BPI Chief Santiago also added:
By logging in to our channels, we are providing our clients the easiest options to do their financial transactions—more partners, more potential for our platforms, more access for you. At the end of the day, it’s about you, our clients, logging into the amazing digital ecosystem of BPI.
With 70 online banking and 40 mobile app features, BPI’s digital channels have the most extensive list of digital capabilities of any local bank.
Embracing a digital mindset
A digital ecosystem will create a more financially inclusive society. However, for this ecosystem to flourish, it also requires a transformational shift in mindset — to unlock its great potential to improve everyday life according to BPI Chief Operating Officer Mon Jocson:
A digital transformation is not just about applying new technologies. It’s also about changing mindsets and transforming culture. We are trying to influence our clients to adopt digital behaviors and develop a digital culture, just as we inculcate the same in our workforce so we can enhance customer experience as well.
musingsandadventureswriter says
Everything is digital now so it’s good to see new apps that can benefit people and make things convenient.
Viano says
Interesting read and review. Banking app saves time and it’s more convenient.
My Passport Abroad (@passportabroad) says
Thank you for this, I always wondered how to use digital banking it seems so fast!
Laurence says
This is really convenient for their customers, all in one banking, and you can do most of the transactions, that’s a good job indeed. And saves a lot of effort and time.
Komal says
Looks like a good app for digital banking.
Charlotte Petit Noble says
Digital banking is very convenient. Thank you for sharing your point of view. I find it very valuable. 🙂
The Caribbean Millennial says
Love this review, and I have to agree! Digital banking is definitely transformative and saves so much time on errands!
Fatima Marie says
Haven’t tried digital banking before, thanks for the info! May consider trying this in the future. 🙂