Making the Best Happen: BPI My ePrepaid MasterCard wins the Best Payments Product in Asia award

The Bank of the Philippine Islands (BPI) has recently won an award from The Asian Banker for the Best Payments Product in Asia for its revolutionary card, the BPI My ePrepaid MasterCard, an award fitting the bank’s new tagline “Make the Best Happen.”

Considered one of the most prestigious awards for banking and finance, the Asian Banker’s International Excellence in Retail Financial Services Award Programme uses a stringent three-month long evaluation process to determine the winners of each category based on a balanced and transparent scorecard. In particular, the Best Payments Product award is given to the bank whose product has shown exceptional merit in terms of market share, growth, overall product and operational excellence during the year.

The MyePrepaid MasterCard

The BPI My ePrepaid MasterCard, close to its third year in existence, has opened the e-commerce industry to a wider, more diverse set of digital consumers. This fast-emerging

industry, spurred by airline tickets purchases, online hotel bookings, and a growing number of online shops, has previously only depended on credit card payments and virtual currency holders.

With the BPI My ePrepaid MasterCard, card holders enjoy:

100% Guaranteed Approval

The BPI My ePrepaid MasterCard guarantees 100% approval to all applicants. Since the product is a prepaid card, it does not need to go through the credit scoring process. This means that the card can be applied for and used by potentially everyone.

An Easy-to-Use and Widely Accepted Card

The BPI My ePrepaid MasterCard is widely accepted and easy to use both online and on offline Point-of-Sale (POS) terminal. The card is accepted in all online stores that accept MasterCard, including mobile device app stores and Airline ticket booking sites. A customer paying online merely needs to key in some details found on the card. For payments done offline or in-store, the BPI My ePrepaid MasterCard is accepted in all MasterCard affiliated merchants locally and abroad. The card is simply swiped on a POS terminal and the sale is debited from the balance of the card.

Convenient Loading Channels

Following the prepaid business model, the MyePrepaid Card requires a customer to load an amount in to the card for potential future use. Loading the card is also very convenient with the different channels BPI has to offer. A customer may use an Express Deposit Machine where they can load up to PhP100,000 into their BPI My ePrepaid MasterCard, or load the same amount through funds transfers from any of the other BPI 24/7 Banking Channels, online through, mobile through the BPI Express Mobile App, or by phone through 89-100. Checking the balance is also simple as the balances are shown on BPI Express Online, as well as in the BPI Express Mobile App. Alternatively, a customer may send a special keyword to check their balance through SMS.

BPI, the country’s first bank, has committed itself to giving the best possible financial and payment solutions to its customers and the country. With the BPI My ePrepaid MasterCard, now the best payment product in Asia, BPI is poised to do exactly as promised.

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