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BankCom renews partnership with Worldline to elevate card payment experience

HomeNewsBankCom renews partnership with Worldline to elevate card payment experience

July 25, 2025

BankCom renews partnership with Worldline to elevate card payment experience

Dedicated to providing reliable solutions and innovative product offerings to its cards customers, San Miguel Affiliate Bank of Commerce (BankCom) has renewed its partnership with Worldline, a global leader in payment services, in empowering the Bank’s cards services and management system.

BankCom President and CEO Michelangelo R. Aguilar and Worldline Asia Pacific Chief Financial Officer/Chief Operating Officer Thomas Boutard led the signing of the new five-year agreement, extending the Bank’s use of Worldine’s Managed Card Services and Card Management System (ASCCEND).

“BankCom is passionate about ensuring our customers enjoy a superior banking experience from our offerings. In order to deliver this promise, we strategically build strong partnership with leaders and prime movers in the industry. We have no doubt that our renewed agreement with Worldline is a positive step towards maintaining the quality and standards of our card products and services,” said Mr. Aguilar.      

The signing was also attended by BankCom Cards Group Head and SVP Ma. Katrina Alba Felix and Worldline Malaysia/Indonesia Country Manager and Head of APAC Customer Engagement Jennifer Cheah, MCS Malaysia Senior Service Manager Yamuna Peter, South Asia Head of Sales Tze Liung Chew and Sales Manager Valerie Teo.

“With this renewed cooperation, BankCom customers will continue to love and enjoy the full line of BankCom card products and services that are thoughtfully catered to their needs and requirements. Furthermore, cards payment with BankCom is now simpler, more convenient and more secure with the use of reliable advanced payment technology solutions,” Mr. Aguilar added.

About BankCom
An affiliate of San Miguel Corporation (SMC) since 2008, Bank of Commerce is a publicly-listed universal bank focused on helping its clients, communities and conglomerate partners by delivering the best choice of financial services harnessing the strengths of the SMC Group. Bank of Commerce is identified by its logo bearing the SMC symbols of escudo and cloverleaf, and by the trademark license short name “BankCom” granted by the Intellectual Property Office (IPO) in 2020.  BankCom traces its origins to the Overseas Bank of Manila which opened in Binondo, Manila in 1963.

BankCom posted a net income of ₽3.02 billion as of 31 December 2024, up by 8% from ₽2.80 billion in 2023, marking its highest profit level since becoming an SMC affiliate in 2008. The upward trend continued into the first quarter of 2025, reflecting sustained profit growth through March. As of 31 March 2025, BankCom maintains a network of 140 branches and 270 automated teller machines (ATMs), including Cash Kiosks strategically located nationwide.

About Worldline
Worldline [Euronext: WLN] helps businesses of all shapes and sizes to accelerate their growth journey – quickly, simply, and securely. With advanced payments technology, local expertise and solutions customised for hundreds of markets and industries, Worldline powers the growth of over one million businesses around the world. Worldline generated a 4.6 billion euros revenue in 2024. worldline.com

Worldline’s corporate purpose (“raison d’être”) is to design and operate leading digital payment and transactional solutions that enable sustainable economic growth and reinforce trust and security in our societies. Worldline makes them environmentally friendly, widely accessible, and supports social transformation.

Important Advisories

CLIENT ADVISORY: BANKCOM SYSTEM MAINTENANCE ACTIVITY – JULY 28, 2025
BRANCH ADVISORY: SHORTENED BANKING OPERATIONS AS OF JULY 25, 2025 (FRIDAY)
BANKCOM BRANCH CLOSURES AS OF JULY 25, 2025 (FRIDAY)
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