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. As of writing, there are now more than 45,000 merchants that support EPS. 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 "Epson gets its own Endeavor netbook".
The history of banking in the Philippines is a rich one and started during the…
Jul 12, 2018Epson is also going where the netbook crowd is with their newly released Epson Endeavor…
Nov 20, 2008
Have you ever thought about buying a projector before? If you’ve used one at school…
Mar 20, 2023Seiko Epson Corporation (SEC) recently announced that it will construct a new plant to be…
Dec 4, 2014We visited the Epson Innovation Center in Hirooka, Nagano yesterday and among the dozens and…
Nov 26, 2010We went on a media tour of Bicol in the last 3 days with Epson…
May 1, 2010That 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.
As of writing, there are now more than 45,000 merchants that support EPS. 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.
Our coverage of bpi eps includes: "The Road to Automated Banking"; "Epson gets its own Endeavor netbook"; "Epson CO-FH02 Smart Projector Review -- Budget Home Theater". Each article provides unique insights and information.