Alipay, China's leading third-party online payment solutionAlipay, China's leading third-party online payment solution

BPI

Established in 1943, Bank of the Philippine Islands (BPI) is the first bank in the Philippines and Southeast Asia. The bank has a network of over 900 branches in the Philippines, Hong Kong and Europe, and more than 3,000 ATMs and CDMs (cash deposit machines).

BPI boasts more than 600 merchants including Lazada, Gmovies, LTS Malls, and Easy Trip. By using the BPI payment method, buyers can perform operations such as transfer, top-up, payment, and repayment.

Properties

The following table lists the product properties supported by BPI:

Payment type

Alipay+ payment method

Funding source

Bank account

Acquirer

AlipaySG, AlipayEU, AlipayUS, AlipayUK

Acquiring region

SG, AU, HK,

EU, UK, US

Payment flow

Redirect

Checkout Payment

✔️

Buyer country/region

Philippines

Auto Debit

Funds deduction

Real-time

Refund

✔️

Processing currency

PHP

Partial refund

✔️

Minimum payment amount

Unlimited

Chargeback/Dispute

Maximum payment amount

50,000 PHP per day

Refund period

365 days

User experience

The following screenshot shows the journey of paying with BPI:

image

Figure 1. Payment process with BPI