BPI disburses P1.81B via earned wage access programs

Bank of the Philippine Islands (BPI) said it recorded P1.81 billion in total disbursements through its earned wage access solutions by the end of 2025, underscoring growing demand among Filipino workers for faster and more flexible access to their salaries.

The disbursements were made through BPI Salary On-Demand and Sweldo On the Spot, programs that allow employees to withdraw a portion of their already earned wages ahead of the regular payday.

BPI said the solutions are designed to help workers manage daily expenses, respond to emergencies, and reduce reliance on high-interest, short-term loans. Under the Salary On-Demand program, employees of partner companies can access their earned wages instantly through the PayWage app. Sweldo On the Spot, meanwhile, allows qualified BPI payroll accountholders to withdraw their salaries at any time using the same platform.

“Earned wage access gives employees control over the salary they’ve already earned,” said Rally Jereza, head of agency banking. “By providing timely access to income, employees are less likely to rely on costly, short-term borrowing. This milestone shows that more employers and employees are embracing smarter, healthier ways to manage cash flow.”

BPI said earned wage access is increasingly becoming part of modern employee benefits, helping improve productivity, reduce financial stress, and support overall financial wellness. The bank added that integrating such services into payroll systems also allows employers to promote responsible money management while supporting their workforce.

The milestone follows BPI’s recognition at the Asian Innovation Excellence Awards 2025, where both Salary On-Demand and Sweldo On the Spot were named the Philippines’ Customer-Centric Innovation of the Year for Financial Services.