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Arthur Fuentes

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MANILA - BPI on Wednesday said its mobile app can now also function as an e-wallet with its latest feature - Pay via QR.&quot;While scanning QR codes to pay in stores has been mostly associated with other e-wallet apps, BPI seeks to change user habits and make cashless payment even easier for its clients by offering the feature right on the BPI app,&quot; the Ayala-led lender said in a statement.Users of the BPI app users can now pay stores and restaurants directly using QR Ph codes, dropping the need to cash in to e-wallets first, the company said.  &quot;We are excited to introduce Pay via QR on the BPI app, providing our users with an easier way to pay merchants straight from their BPI accounts,&quot; said Fitzgerald Chee, Head of Consumer Platforms at BPI.BPI recently charged a loading fee of P10 to GCash, while not charging any fee for loading GCash&#x27;s main competitor Maya.GCash meanwhile has said it has given loans to over 3.9 million unique borrowers, of which the majority are from lower socio-economic classes.Mynt, the operator of GCash earned P2.4 billion last year, which accounted for 7 percent of the Globe Group&#x27;s net income this year.The Philippines&#x27; largest fintech firm meanwhile has also been allowing users to open accounts in 3 other banks aside from BPI.GCash&#x27;s parent Globe Telecom and BPI are both part of the Ayala Group of companies.<div> </div><ul class="op-related-articles"><li><a href="https://news.abs-cbn.com/business/11/06/23/globe-says-eyeing-quality-subscribers-defends-fees">Globe says eyeing &#x27;quality&#x27; subscribers, defends fees</a></li><li><a href="https://news.abs-cbn.com/business/08/22/22/bpi-unfazed-by-competition-with-digital-banks">Head-to-head: BPI unfazed by competition with digital banks</a></li></ul>

BPI on Wednesday said its mobile app can now also function as an e-wallet with its latest feature - Pay via QR.

BPI on Wednesday said its mobile app can now also function as an e-wallet with its latest feature - Pay via QR.

BPI says mobile app can now also function as an e-wallet with new QR feature

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BPI says mobile app can now also function as an e-wallet with new QR feature

Arthur Fuentes,

ABS-CBN News

Published Mar 06, 2024 06:51 PM PHT

|

Updated Mar 07, 2024 11:31 AM PHT

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