Home » BPI launches audio payment confirmation with Soundbox

BPI launches audio payment confirmation with Soundbox

Written By Cristina Joy Valerio
Published • November 27th, 2024
BusinessFintechNews
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Short URL: https://www.yugatech.com/go/vm89

The Bank of the Philippine Islands (BPI) introduces Soundbox. This is the first audio-based payment confirmation device in the Philippine banking industry. This provides real-time audio confirmation for payments made through BPI OneQR.

Redefining Payment Convenience

Traditionally, QR code payments require merchants to confirm transactions with customers via SMS notifications. Soundbox improves this process by delivering instant voice alerts for successful payments.

“Soundbox brings QR payments to a higher level, providing an innovative way to confirm payment instantly when using BPI OneQR.” said Head of BPI Agency Banking Rally Jereza.

Sellers may expedite the payment process and accommodate quicker checkouts thanks to the audible alerts, which allows retailers to handle more transactions—particularly in busy settings. Because of their modest size and voice confirmation capabilities, Soundbox devices are perfect for a variety of establishments, from big retail chains to little street vendors, offering a reliable consumer experience.

Driving Innovation in Digital Payments

BPI plans to expand the deployment of Soundbox to high-traffic sectors such as food and retail. This is to address the needs of businesses that experience high customer volume and long queues.

Soundbox’s integration with BPI OneQR, the bank’s real-time payment system, is an additional advancement in BPI’s objective to offer easily accessible, effective, and safe financial solutions.

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Cristina Joy Valerio

Cristina Joy D. Valerio, more commonly known as CJ to most, is a Multimedia Producer at Yugatech. She has an interest in the evolving world that is technology. Apart from that, she organizes D&D sessions, plays video games, and watches anime to kill time. CJ's alma mater is iACADEMY and graduated with a Bachelor of Science in Information Technology specializing in Web Development.