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You're eager for payday. No more Petsa de Peligro! Salary On-Demand, a new financial product from BPI, is about to go live.
The launch of Salary On-Demand will be available to qualified workers of Bank of the Philippine Islands' corporate clients. Through partnerships with businesses that use its payroll service, the bank enables workers at such businesses to receive a salary advance, which will be withdrawn from their forthcoming paycheck. With the exception of a one-time price of PhP 175.00, this service is provided through another app and will not charge interest.
BPI Salary On-Demand Features
A innovative benefit that gives workers rapid access to their hard-earned money before payday and during crucial moments! Additional features include:
In an interview, BPI Head of Institutional Banking John-C Syquia said, "We want to build our ecosystem, and the way to do that is to provide sticky products. And we believe that if we add this enhancement to our payroll employers, we will have sticky relationships with our existing clients, and we will be able to build that network too."
To know more about this product, visit this link from ABS-CBN News for the interview: bit.ly/3ro66km
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ABOUT THE BLOGGER
Hi, I'm Ralph Gregore Masalihit!
An RFP Graduate (Registered Financial Planner Institute - Philippines).
A Personal Finance Advocate. An I.T. by Profession. An Investor. Business Minded. An Introvert. A Photography Enthusiast. A Travel and Personal Finance Blogger (Lakbay Diwa and Kuripot Pinoy).
Currently, I'm working my way toward time and financial freedom.