This is a big announcement from BPI (Bank of Philippine Islands) as they launch another pioneered innovation in secured services to us that can give us a smooth payment system and transaction online and offline. I’m talking about the payment some stuff that you bought from online stores and also from physical stores. Four kinds of services that was launched by BPI – the BPicards.com, BPI Dealmania.ph, BPI My ePrepaid Mastercard and BPI Master eCredit Card. The new cards are basically like a credit card that you can use it for transaction with online shops and mall stores, it has a secured number like a normal credit card but it has a prepaid feature that you can load it with money and it is easy to apply unlike the traditional credit card we know, and on other hand if you are an existing BPI credit card holder, you can use one of the prepaid card in order to set yourself a buying limit or money install limit in the prepaid card, so that you can prevent yourself in buying too much online or offline and also secure your original credit card when you purchase items online.
So here’s the new digital services provided by BPI and it will run starting this month of November 2011. (more story below)
A new website is built exclusively about credit and prepaid cards, promos and offers, I like the idea of this because for my experience I got lost in browsing their other site when I was about to apply something with BPI, but here in the new website for credit and prepaid cards, BPIcards.com can help you choose the right card for you according to your age and lifestyle, I tried the digital quiz form the site and I just learned that I needed the edgy die cut credit card version that reflects to my teeny techie lifestyle. – hahahah., I laugh because the result of the quiz is quite true.
This is a special site by BPI and they are now jumping on the trend of the group buying deal sites, the offers are okay and it is exclusively available only to BPI card holders, the site is powered by managed byBuyanihan.com. Here we can use our BPI prepaid ecards and credit cards
BPI My ePrepaid MasterCard
This is now considered as the 1st ever ePrepaid card that empowers people to transact online via straight purchase. Thanks to the prepaid trend that was first used by our local telcos, in here we Filipinos learned on how we can budget ourselves and use money and acquired services wisely. The BPI My ePrepaid MasterCard is a reloadable prepaid card that let the card holder to buy what they want from the widest selection of affiliated online and offline shopping stores from local and abroad with the label and logo of MasterCard. The awesome part for the BPI My ePrepaid MasterCard is that this is the most easy card to apply for because it will offer a 100% approval to the card applicant and there’s no maintaining balance and no killer credit card bill that will arrive to your home, all you need to have is a money that you can preload to your BPI My ePrepaid MasterCard.
Here are some info that I just learned from BPI My ePrepaid MasterCard
- the BPI My ePrepaid MasterCard can be used offline when you pay for the food you eat in a resto or shop items in the grocery and malls. It doesn’t require any PIN when paying, all you need to do is present your BPI My ePrepaid MasterCard and let the cashier swipe it to your card reader machine and sign the sales slip.
- The expiration of the card is up to 2 years only, and there’s no expiration even if you ran out of loaded money
- Money in your BPI My ePrepaid MasterCard will never have any interest because it is not under a deposit account.
- card users can check their money balance via SMS by txting BALEC (16 digit number of BPI My ePrepaid MasterCard) and then send it to 2274 for GLOBE, 3274 for SMART. Each balance inquiry will deduct P2.50 from your sms load. You can also inquire via phone by calling 89-100
- with this prepaid card you can’t use it in withdrawing money from the ATM, the BPI My ePrepaid MasterCard is not fit for ATM use and money loaded in the card are not convertible to a physical cash, it can be used only in paying online and offline. Also you can’t use it to withdraw money over the counter, the money you loaded are now forever digital money.
- If anyone want to apply for a BPI My ePrepaid MasterCard, all they need to do is visit BPIcards.com
- If you are an existing BPI account or credit card holder, you can apply and enroll your credit card or account for a BPI My ePrepaid MasterCard and set a money limit for the prepaid card.
- 10 years old above can apply for a BPI My ePrepaid MasterCard
- You can load money to your BPI My ePrepaid MasterCard by BPI Express Online, BPI ATMs and CAMs,or through over the counter deposit in a BPI branch.
- Paying online is just easy, all you need to key in the info provided in the BPI My ePrepaid MasterCard, just make sure that the online store has a MasterCard logo and select the payment mode MasterCard and input the 16 digit number, Card verification code 2 (CVC 2) and the card validity period.
BPI Master eCredit Card
Here’s another pioneered card by BPI, it is the first ever virtual credit line exclusively designed for online shopping, it can enable card holders of BPI Master eCredit Card to shop securely on the internet and never worry of credit card hacking because you’re going to use a right amount of money to purchase items online, it will sport a new and different card number from the card holder’s BPI Express Credit MasterCard, and card holders can set up their own limit if they need to. Generally, the idea here is that you can load a P10,000 money in your BPI Master eCredit Card if you need to purchase something online with a price tag of P8,000 (shipping price not yet included on that), its up to the card holder on how much money they can load to their BPI Master eCredit Card, money will be used from their credit card. Perfect for people who are always shopping online. Imagine, having a two credit card will give you a new style of budgeting and another secured service for your original credit card.
So what do you think of BPI new services "?
I have a prediction that frequent online shoppers will apply for this, especially to those who are having a hard time applying for a credit card, Freelancers and work at home people will take this advantage for sure, especially to online communities who are into group buying sites, hotel and travel purchases, domain and hosting payments and to dads that give money to their wife to buy groceries, with this new prepaid card I wont worry now in giving a preloaded BPI Master eCredit Card because it has a money limit installed, now the original card without limits can stay now inside the dark caves at home.
I have a prediction that frequent online shoppers will apply for this, especially to those who are having a hard time applying for a credit card, Freelancers and work at home people will take this advantage for sure, especially to online communities who are into group buying sites, hotel and travel purchases, domain and hosting payments and to dads that give money to their wife to buy groceries, with this new prepaid card I wont worry now in giving a preloaded BPI Master eCredit Card because it has a money limit installed, now the original card without limits can stay now inside the dark caves at home.
