Through this collaboration, Savers Depot became the first partner in the DIY retail category to offer the full suite of BPI Partner Store services—including product onboarding, deposits, withdrawals, cash-outs, and the BPI OneQR payment solution.
The partnership enables customers to enjoy seamless banking transactions while visiting a store they already frequent.
“BPI is grateful for this partnership as this allows us to establish our first partner in the DIY retail store category that provides product onboarding, deposit, withdrawal, cash-out transactions, and BPI OneQR payment solution,” Ritche Farinas, head of agency banking retail sales and partnerships at BPI, said in a press release.
More branches to go live
Two Savers Depot branches—Lapu-Lapu and Ormoc—are now offering BPI services, with five additional branches set to go live before the end of the year. By then, a total of seven Savers Depot locations will be fully equipped to provide expanded banking access to their surrounding communities.
Savers Depot stores are also integrating BPI OneQR, making them among the first BPI Partner Stores to implement the complete agency banking service suite.
With OneQR, customers can simply scan and pay, enhancing convenience while supporting the store’s push for digital readiness.
Financial inclusion and community reach
The partnership underscores BPI’s commitment to financial inclusion by bringing secure and reliable banking services closer to underserved areas.
Savers Depot CEO Kendrick Sia Sulay shared his enthusiasm, emphasizing the initiative’s role in helping customers who may not have easy access to banks or ATMs.
“This initiative means a lot to us… By bridging that gap, we’re helping make financial transactions more accessible, more convenient, and more personal,” Sulay said.
This collaboration forms part of BPI’s expanding agency banking footprint, which now includes 32 May BPI Dito partners nationwide—strengthening access to essential financial services in everyday community hubs. —Ed: Corrie S. Narisma
