Ever since the pandemic happened, more and more cashless payment options are being introduced in the market — and for good reason. They’re convenient, surprisingly easy to use and setup, and also helps with contactless transaction. The latest group to join these neobanks (digital banks) would be GoTyme Bank — a close collaboration of the Gonkongwei Group (Universal Robina, Cebu Pacific, Robinson’s Group of Companies), TymeBank, Visa and BancNet.
Visa’s worldwide reach and expertise in digital payments, synergizing with BancNet’s extensive nationwide and offshore coverage, together with GoTyme Bank and the Gokongwei brand’s reputation, technology and understanding of the Philippines market, will offer consumers high quality banking to every Filipino, and an exciting and rewarding digital payment and money movement experience.
This partnership launch coincided with the introduction of the GoTyme Visa ATM Debit Card that will be given out for free to all GoTyme Bank Account holders. This high-quality card will allow everyone to enjoy the benefits of Visa for transactions worldwide including withdrawals from any ATM when traveling outside of the country.
Powered by BancNet, which is the Philippines’ single ATM switch operator, the multi-bank, multi-channel electronic payments network will enable GoTyme cardholders to transact not only at automated teller machines (ATM) but also at point-of-sale (P.O.S.) terminals, the Internet and mobile phones to access a wide range of services through the different channels, including real-time fund transfers and payment of purchases by direct debit to account through InstaPay.
Visa’s worldwide reach and expertise in digital payments, synergizing with BancNet’s extensive nationwide and offshore coverage, together with GoTyme Bank and the Gokongwei brand’s reputation, technology and understanding of the Philippines market, will offer consumers high quality banking to every Filipino, and an exciting and rewarding digital payment and money movement experience.
This partnership launch coincided with the introduction of the GoTyme Visa ATM Debit Card that will be given out for free to all GoTyme Bank Account holders. This high-quality card will allow everyone to enjoy the benefits of Visa for transactions worldwide including withdrawals from any ATM when traveling outside of the country.
Powered by BancNet, which is the Philippines’ single ATM switch operator, the multi-bank, multi-channel electronic payments network will enable GoTyme cardholders to transact not only at automated teller machines (ATM) but also at point-of-sale (P.O.S.) terminals, the Internet and mobile phones to access a wide range of services through the different channels, including real-time fund transfers and payment of purchases by direct debit to account through InstaPay.
Signup to be one of the first to experience this new way of banking here.
Check them out on their official Social Media channel Here.