Ayala-led Bank of the Philippine Islands (BPI) has released P1.81 billion under its Salary On-Demand and Sweldo On the Spot services as of end-2025.
According to the lender, the milestone reflects the growing demand among Filipino workers for quicker and more flexible access to their salaries. The services allow employees to withdraw a portion of their earned pay before the regular payday to help cover daily expenses, handle emergencies, and avoid high-interest loans.
Under Salary On-Demand, employees of partner companies can instantly access their earned wages through the PayWage app. Sweldo On the Spot, meanwhile, lets qualified BPI payroll account holders withdraw their salary anytime using the same platform.
The BPI said earned wage access helps reduce employees’ dependence on short-term borrowing and supports better cash flow management.
The bank added that such services are becoming an important part of employee benefits, helping improve productivity, ease financial stress, and promote financial wellness.
The milestone follows BPI’s recognition at the Asian Innovation Excellence Awards 2025, where both services were named the Philippines’ Customer-Centric Innovation of the Year for Financial Services.
