The Bank of the Philippine Islands (BPI) continues to strengthen its BPI Salary On-Demand portfolio through its collaboration with Ayala Malls, one of the country’s leading shopping mall chains. This ongoing initiative enables Ayala employees who are BPI clients to access Salary on Demand, subject to program enrollment and eligibility requirements.
Rally Jereza, BPI Agency Banking Head, highlights the importance of the product adoption to both Ayala Group-owned companies.
"This effort between BPI and Ayala Malls underscores our shared commitment to empowering more Filipinos with accessible and convenient financial solutions. By integrating Earned Wage Access (EWA) into Ayala Malls' ecosystem, we are providing employees with a smarter, more flexible way to access their salaries when they need it most,” said Jereza.
BPI’s Salary On-Demand is a convenient solution that allows employees to access their earned salary ahead of payday through the PayWage App. Unlike traditional loans, this service is not debt—it simply provides early access to wages already earned, helping employees manage urgent financial needs without the stress of borrowing. The amount availed is automatically deducted on the next payroll cycle, making the process simple, secure, and seamless.
Accessing BPI Salary On-Demand is simple. Eligible employees may download the PayWage app from the Play Store or App Store, sign up using their email, and complete their profile. Once enrolled, log in to the BPI Mobile App with your PayWage credentials sent thru your welcome email to access a portion of your earned salary anytime.
BPI Salary On-Demand offers businesses a strategic employee perk that:
- Reduces employee financial stress and boosts productivity.
- Enhances recruitment and strengthens employee retention.
- Encourages sound financial habits by lessening dependence on expensive debt options.
Ayala Malls also recognizes the impact of this initiative to their employees.
“At Ayala Malls, we are always looking for ways to enhance employee well-being. By offering BPI Salary On-Demand, we empower our team members with financial flexibility, helping them manage their expenses with ease. This partnership reflects our commitment to creating a supportive and progressive work environment,” shares John Reynold Tagumpay from Ayala Malls Compensation and Benefits team.
With BPI Salary On-Demand, BPI continues to strengthen its mission of providing innovative financial solutions that support both employers and employees. As more companies in the Philippines embrace Earned Wage Access (EWA), BPI remains committed to helping businesses improve their workforces' financial well-being.
For more details on how BPI Salary On-Demand can help companies, visit this.