#bpi atm

That changed though in 1983 when the Bank of the Philippine Islands (BPI) implemented the first through the wall 24/7 Automated Teller Machine (ATM) in the country. Although most transactions at the time are still cash-based, the bank followed the ATM with the Express Payment System or EPS in 1987 for debit transactions. Customers can simply make a purchase with a swipe of the ATM card, eliminating the hassle of having to fumble through bills and count change. BPI saw its potential and decided to make it services accessible through this medium. Although not yet available in most households during the time, BPI also saw the need that Filipinos will soon manage their funds via the internet in their homes or offices. In 1999, they launched the BPI Express Online which is widely used up to this day. In 2000, when mobile phones were trending and Filipinos communicated heavily via SMS, BPI launched the Express Mobile which is the first mobile banking service in the Philippines. BPI followed it with the menu-based Mobile Banking in 2005, in partnership with Globe Telecom. Read more in our articles including "The Road to Automated Banking" and "BPI ATMs, CDMs, and online banking services to be unavailable in the next few days".