In the photo (l to r) are: Anna Marie A. Cruz, SMART Head of Domestic Alliances; Napoleon L. Nazareno, SMART President and CEO; Aurelio Luis R. Montinola III, BPI President; and Teresita B. Tan, BPI Senior Vice President, Group Head for Overseas Banking and Channel Services. Smart Communications, Inc. (SMART) and the Bank of the Philippine Islands (BPI) signed an agreement to jointly provide mobile banking services utilizing SMART’s mobile commerce platform. In an agreement sealed recently, the Philippines’ wireless services provider and BPI, will push for the use of SMART’s tried and tested mobile commerce solutions to deliver fast and accessible financial services to BPI customers. The initial engagement for this partnership will include BPI in SMART’s roster of mobile banking partners.
SMART will provide the communications platform that will enable the banking industry to offer new, innovative services to their customers,” said Napoleon L. Nazareno, President and CEO of SMART. “Our collaboration with BPI and all other financial institutions will enable us to provide an expanded and more robust mobile banking experience to our over 34 million subscribers,” he added.
“BPI welcomes this partnership with SMART as it will provide us with more and better opportunities to enhance our services to our customers. Combining the advantage of SMART’s advanced mobile commerce technology with BPI’s strong network, will benefit our clients in terms of having a fast, convenient and secure way of managing their banking requirements,” BPI President Aurelio Luis R. Montinola III said.
Under the agreement, BPI customers will be able to check their bank and credit card account balances, transfer funds between bank accounts, order checkbooks, and make mobile payments with a few clicks on their SMART mobile phones. SMART and BPI also agreed to collaborate in developing and marketing more m-commerce solutions to address the diverse requirements of SMART and BPI clients.
About Smart
Communications, Inc.
Smart Communications, Inc. is a wireless services provider with 34.2 million subscribers on its GSM network as of end-September 2008. Of its total subscriber base, 20.9 million subscribers are served under the brands Smart Buddy, Smart Gold and Smart Infinity and another 13.3 million subscribers are served through its subsidiary, Pilipino Telephone Corp., under the brand Talk ‘N Text. SMART has introduced world-first wireless data services, including mobile commerce services such as Smart Money, Smart Load and Smart Padala. It also offers a 3G service, Smart 3G. Its Smart Link and Blue Ocean Wireless services provide communications to the global maritime industry. Another subsidiary, Smart Broadband, Inc., offers a wireless broadband service, a telecommunications carrier, the Philippine Long Distance Telephone Company.
About BPI
Bank of the Philippine Islands (BPI), established in 1851, is the first bank in the Philippines and in South East Asia . BPI carries with it the tradition and passion to lead the way when it comes to matters most important to its customers. This was manifested when the bank pioneered the electronic banking revolution in the 1980’s, the same way it did when it issued the first paper money in the 1850’s. The Bank which is intertwined with Philippine history, remains to be the country’s beacon of financial confidence. BPI is a wholly-owned subsidiary of the Ayala Corporation. /MP
1 comment:
This will be a good news because banking will be easier because as we know Smart communications is one of the leading companies in the country.
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