BPI Redefines Payment Convenience

The Soundbox device enables merchants to streamline the payment process with audio confirmation of successful transactions.

BPI Gold Clients Get New Digital Wealth Management Platform

BPI recently launched a new wealth management platform, BPI Wealth Online, to provide BPI Gold clients with a holistic view of their financial assets to allow them to better manage their funds anytime and anywhere.

Combined with BPI's team of relationship managers and investment specialists, BPI Wealth Online strengthens the bank's leadership in phygital banking solutions. BPI believes in empowering its clients to enable them to secure and grow their wealth.

Interested clients may learn more about BPI Wealth Online on the BPI website or through their relationship manager.

Bank of the Philippine Islands has introduced Soundbox, the first audio-based payment confirmation device in the Philippine banking industry. This breakthrough innovation provides real-time audio confirmation for payments made through BPI OneQR, enabling business owners to further streamline the payment process and improve overall customer experience.

“Soundbox brings QR payments to a higher level, providing an innovative way to confirm payment instantly when using BPI OneQR,” said BPI Agency Banking Head Rally Jereza.

Traditionally, QR code payments require merchants to confirm transactions with customers via SMS notifications. Soundbox improves this process by delivering instant voice alerts for successful payments. This clear and distinct sound ensures that both the merchant and the customer receive immediate confirmation of the successful transaction, offering both merchants and customers a faster payment experience. And with faster checkouts, merchants can process more transactions.

The compact design and voice confirmation features also make Soundbox devices ideal for a range of businesses, from small street vendors to large retail chains. BPI plans to expand the deployment of Soundbox to high-traffic sectors such as food and retail, addressing the needs of businesses with huge customer volume and long queues.

The addition of Soundbox to BPI OneQR, the bank’s real-time payment solution, is another step forward in BPI's mission to provide accessible, efficient, and secure financial solutions.

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