#BPI GCash

The Bank of the Philippine Islands (BPI) recently announced its digital ecosystem to make it convenient for customers to do their online and mobile banking. [caption id="attachment_226928" align="alignnone" width="720"] Bank of the Philippine Islands (BPI) Chief Operating Officer Ramon Jocson, extreme right, and Chief Digital Officer Noel Santiago, 4th from left. Currently, BPI is working with nine partners for open banking. These are businesses with which BPI has agreed to open its API (APIs are communication protocols that determine how software components should share information or interact), or application program interface, and vice versa, in order to facilitate transactions of mutual clients of BPI and each of the partners. The partnership allows BPI to extend its services to make it easier for users to do everyday financial tasks such as loading beep cards or e-wallets, ordering meals or splitting bills, sending and receiving money, scheduling branch appointments, or placing money for investment accounts. “This digital ecosystem will enable our clients to shift to digital behaviors for their everyday tasks, said BPI Chief Operating Officer Mon Jocson. Furthermore, BPI has more than 70 features for online banking and 40 for the mobile app. Some of these new features include scheduling appointments via BPI Online, taking control of card usage through withdrawal limits, setting for into international use, and temporarily blocking debit cards. Read more in our articles including "BPI builds digital ecosystem, partners with fintechs and online merchants" and "BPI, GCash to adopt InstaPay for cash-in transfers effective October 1".