Unlike other banks that have forged partnerships with PayMaya or G-Cash, BDO is going their own way with their own e-wallet. BDO Pay is the bank’s very own e-wallet app that lets you make quick cashless transactions, send and receive money, as well as pay bills – all in one convenient, centralized place. The e-wallet app is more cash-less transaction-oriented which makes it useful for paying restaurants or shopping compared to the existing banking app.
BDO Pay wallet features
The app’s primary purpose is to allow users to send money with ease. You can send money by using a bank account number, a mobile phone contact, or email so long as these are registered details of BDO Pay users.
There’s a shortcut key on the app where you can easily pay for bills – all you need is the biller’s details, the amount that needs to be paid, and voila the job’s done.
Pay via QR codes
Unlike the BDO Banking app, you can digitally transact by scanning dedicated BDO QR codes in partner stores. You can also use this feature to generate your own QR code to request or receive payments.
Also located on the app’s shortcuts, is the Split Bill option. Splitting bills can be done with other BDO Pay users. Users may choose from which BDO account bill payment can be deducted.
Since the app is fairly new, a comprehensive list of stores and billing partners where you can use BDO Pay is not available as of press time. BDO is currently accepting applications for billers and merchants who want to partner with them to start accepting BDO Pay. We have yet to confirm if there are corresponding transaction fees when using the app, however, the app itself is free to download.
In terms of security, the app asks you for a pin to verify each payment you make through the app and also issues a reference number for successful transactions. Setting up the app is easy – you only need to download the BPO Pay app and log in using your Digital Banking username and password.