The Bank of the Philippine Islands (BPI) is expanding its partnership with Electronic Commerce Payments, Inc. (ECPay), enhancing the accessibility and convenience of its Vybe e-wallet platform. As part of this expansion, Vybe users will now be able to top up their e-wallets by selecting ‘Vybex by BPI’ at over 1,300 ECPay kiosks across the Philippines, with no additional convenience fees.
The move, aimed at driving financial inclusion, is set to significantly enhance the reach of Vybe’s digital services. In addition to the kiosks, the platform will soon offer cash-ins at over 4,000 partner retail outlets, including supermarkets, pawnshops, gasoline stations, and sari-sari stores nationwide.
Eric Faustino, BPI head of digital partnerships and ecosystems, highlighted the strategic importance of the partnership: “Our expanded collaboration with ECPay is a crucial step toward making Vybe more accessible to Filipinos. We’re excited to provide users with an easy and convenient way to engage with the digital financial ecosystem, which ultimately supports financial inclusion across the country.”
The expanded partnership strengthens Vybe’s mission of offering a free and secure financial tool to a broader audience, particularly those without access to traditional banking services. With ECPay’s widespread network, Vybe will be able to reach an even wider demographic, including users in both urban and rural areas.
For BPI, this initiative is not just about expanding access but also about driving growth in its fintech division. The bank is targeting a 40 percent increase in Vybe’s user base, aiming to onboard an additional 2.5 million users, bringing the total number of Vybe users to 4.3 million. The bank intends to use this partnership to attract more users from the C and D market segments, where demand for accessible financial tools is growing rapidly.
With the Vybe-ECPay partnership, BPI is reinforcing its position in the competitive digital finance landscape, demonstrating a commitment to expanding financial access and supporting the Philippine government’s goals for greater digital financial inclusion.
