Finance

GoTyme Bank now official; brings financial solutions for Filipinos

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GoTyme Bank

GoTyme Bank, a modern digital bank from Gokongwei Group in partnership with the Singapore-based Tyme Group, has officially launched in the Philippines.

The venture adapts a “phy-gital” model, combining both the physical touchpoints such as kiosks and secure digital transactions online via its app to help Filipinos with their financial needs.

As previously reported, GoTyme Bank received its Certificate of Authority (COA) to operate from the Bangko Sentral ng Pilipinas last August. A month after, it partnered with BancNet and Visa.

With a high-tech approach, GoTyme Bank offers customers to open an account in just five minutes through its kiosks, for them to avail services such as:

  • bank transfers
  • shopping rewards
  • interest savings
  • trading
  • investing
  • customer service

Not only that, GoTyme will also have a debit card, rivaling the likes of Maya and GCash MasterCard. This allows customers to make transactions from local and international ATMs, including free transactions at Robinsons-affiliated retail outlets.

Currently, there are already 15 kiosks in select Robinsons supermarkets, with more locations set to open soon.

Send, shop, save

GoTyme Bank is also leaning on its Send-Shop-Save value proposition in hopes of standing out against rivals.

The service offers three free transfers a week straight from the app, on top of always free intra-GoTyme transfers.

The Go Shop feature, meanwhile, gives customers a better shopping experience, as each swipe of their GoTyme debit card will lead to GoRewards points at partner Robinsons stores. These points may be redeemed afterwards.

Lastly, Go Save lets patrons earn interest with no worries on promo durations and minimum balances. The “Save Your Change” feature will let people save too by rounding up to the nearest 10 or 100 pesos and putting that excess change automatically into a Go Save account.

Finance

New luvit card offers flexible Buy Now, Pay Later installments

Simple application process, borrow up to PhP 200,000

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FinVolution Group has unveiled the luvit card, making everyday payments accessible and flexible for users through a Buy Now, Pay Later approach.

The rollout marks the company’s move into card-based solutions, bringing installment-enabled transactions into a format that works both online and in physical stores — whether locally or abroad.

To get started, simply download luvit via the App Store or Google Play. Signing up on the app only needs minimal requirements and fast approval.

Once approved, users can start using the Mastercard-powered physical luvit card for a range of expenses. This includes daily purchases, bills, travel bookings, and other lifestyle spendings.

Users can borrow from PhP 2,000 to PhP 200,000 (~US$ 32.56 to ~US$ 3,255.80).

The Buy Now, Pay Later card is designed to accommodate various financial needs. Users can repay in installment options that work for them. In addition, a 0% interest installment is available for the first 40 days.

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Finance

Atome now allows in-app bill payments with Bayad partnership

Pay for utilities, internet, government contributions directly within the app

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Atome Philippines has partnered with Bayad to allow users to pay for utilities, internet, and government contributions directly within the Atome app.

The integration with the country’s largest bill payment aggregator is designed to help Filipinos manage household budgets more easily without the need for extra steps.

Atome users no longer need to switch from one app to another, nor visit websites to handle monthly bills. Bayad’s extensive network of billers and service providers can be accessed through the platform.

As such, electricity and water bills, as well as government fees, can be paid for directly via the app.

Beyond convenience, users will likewise earn Atome rewards points on every utility bill payment they make.

The partnership between Atome and Bayad is an important step in financial inclusion in the Philippines.

It gives unbanked and underbanked individuals a simpler and more rewarding way to manage essential household expenses.

Atome is known popularly for its Buy Now, Pay Later (BNPL) offering. It has tie-ups with retailers like fashion, beauty, travel, and more.

The digital financial service platform also offers a Mastercard-powered BNPL card, as well as petty cash loans.

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Finance

Maya waives withdrawal, InstaPay transfer fees for Middle East remittances

Until April 10, for families relying on remittances from loved ones in the region

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Maya Savings

Maya is extending support to Filipino families receiving remittances from loved ones working in the Middle East. This is through rebates for withdrawal and InstaPay transfer fees until April 10 as developments continue to unfold across parts of the West Asian region.

From March 23 until April 10, Maya users who receive remittances from select Middle Eastern countries can unlock a set of transaction rebates. This is designed to help them access and use the funds more easily.

Select countries include: Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates, Israel, Lebanon, and Jordan.

The region remains one of the Philippines’ most important remittance corridors. There are an estimated 2.4 million Filipinos residing in the region, based from Department of Foreign Affairs (DFA) data.

These overseas-based citizens contribute over US$ 6.4 billion in remittances in 2025 alone, based on preliminary Bangko Sentral ng Pilipinas (BSP) data.

Eligible Maya users who activate Maya XP will receive the following rebates:

  • ATM withdrawals: PhP 18 credited back per transaction
  • InstaPay transfers: PhP 15 credited back per transaction

In addition, eligible users may also enjoy cashback on mobile load purchases. The discount ranges from 1% to 3%, depending on their Maya XP level.

After receiving a qualifying remittance, eligible users will receive an invitation to activate
Maya XP. The invite will pop up within one to three days.

Eligible users can activate their Maya XP directly within the Maya app by accessing the Maya XP  section in the Wallet Dashboard or Profile page and completing the quick “Get started” process, including providing the required consent.

Once activated, users can immediately begin enjoying rebates on eligible transactions.

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