Finance

Home Credit now has 12M customers, on pace to double iPhone financing

By the numbers

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Ahead of its 12th anniversary, Home Credit Philippines has bared that it has already reached 12 million customers as of August 2025.

At its recent Future Focus: Building Tomorrow Together event, executives of Home Credit shared some numbers as the financial solutions provider has become a trusted leader in consumer finance.

33

Home Credit Philippines only had 33 customers when it opened its first ever booth back in 2013.

700, 1,100, 1,400

During its peak season, Home Credit said it has financed an average of 700 refrigerators, 1,100 air conditioners, and 1,400 televisions per day.

This highlights the strong demand for comfort and convenience at home even as consumers seek flexible financing methods.

10,000

Today, the company has a dedicated team of 10,000 sales associates.

18,000

Moreover, the financial solutions provider has presence in 18,000 partner stores. It’s impossible not to see one when visiting the tech and consumer electronics section of a mall.

2.5 million

That’s the number of smartphones HCPH has financed since the start of 2024. That’s an average of 5,000 devices per day, not even counting other electronics and appliances.

27 million

That’s how many mobile app downloads the Home Credit App has so far. It is available on the App Store, Google Play, and Huawei AppGallery.

PhP 4.5 billion

Recognizing that mobility has also been emerging as a rapidly growing industry in the Philippines, HCPH has also ventured into making motorcycles and e-bikes more accessible for Filipinos.

The company said it has financed closed to 70,000 units of such vehicles since 2024, amounting to PhP 4.5 billion.

PhP 20 billion

Furthermore, the iPhone remains one of the top choices for Home Credit users looking to purchase smartphones through its flexible plans.

Financing for iPhones reached PhP 10 billion in 2024, and HCPH said it is expected to hit PhP 20 billion by the end of 2025. That’s double the previous year’s volume.

PhP 500 billion

To cap it all off, this is the whopping total sales figure estimate across all credit offerings.

Home Credit Protect

Working hand in hand with the company’s affordable installment plans are its Home Credit Protect insurance program.

This is designed to give customers peace of mind without added financial strain. They can choose between Borrower Protection and Device Protection.

The first covers accidents, life, illness, hospital cash, installment waiver, online consultations, and protections for loved ones.

On the other hand, the second focuses on safeguards against accidental liquid damage, extended warranty, door-to-door repair or replacement, and like-for-like device replacement.

As of August 2025, Home Credit said it has approved and released over PhP 1.75 billion in claims for nearly 70,000 devices.

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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Deals

GoTyme Bank, Visa partner for FIFA World Cup 2026 raffle giveaway

Win an all-expense-paid trip to the World Cup with your GoTyme Visa Debit Card

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GoTyme Bank and Visa have officially teamed up for a FIFA World Cup 2026 raffle giveaway.

This gives Filipino football fans the chance to win an all-expense-paid trip to attend either the World Cup Group Stage or Final in the United States.

The partnership marks GoTyme Bank’s growing presence not only in the market but also in the global stage. Recently, the digital bank has grown to over 9 million customers in the Philippines, and 20 million worldwide.

Under the partnership, GoTyme Bank and Visa have released new limited-edition FIFA World Cup 2026-themed Visa Debit Cards.

These are available in two designs: Pitch Black and Trophy Gold. Both are designed by Filipino artist Ross Du, who incorporated the iconic tournament’s iconic trophy.

The latter, in particular, has some rarity as there will only be 20,000 copies printed in GoTyme Bank kiosks nationwide. Customers can have them printed starting March 23.

Print, Spend, Score

To join the raffle, cardholders simply have to spend at least PhP 1,000 for a raffle entry. That’s using the Classic or Pitch Black card.

Overseas spending also comes with a 3x multiplier, meaning three entries for every PhP 1,000 spent abroad.

Two winners — one Classic and one Pitch Black cardholder — will each win an all-expense-paid trip for two to attend the FIFA World Cup 2026 Group Stage in Los Angeles.

But even better, those who get the exceptionally rare Trophy Gold card will automatically get a raffle entry for the grand prize raffle draw — with no minimum spend required.

One Trophy Gold cardholder will win an all-expense-paid trip for two to attend the World Cup Final in New York City. This includes roundtrip business class seats as well.

In addition to the major prizes, 10 customers will receive exclusive FIFA World Cup 2026 Visa Premium merchandise.

The fly-off promo runs until May 7 for the Classic and Pitch Black cardholders and until June 10 for the Trophy Gold cardholders.

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Finance

EastWest rolls out Google Pay access for debit cardholders

For fast, seamless, and secure payments

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Eastwest continues to make banking easier as its EastWest Debit Card is now on Google Pay. This enables users to pay with just the tap of their phone.

The integration brings a globally accepted payment experience closer to home. With Google Pay now supporting EastWest Debit Cards, customers can add their card to Google Wallet to enjoy fast, seamless, and secure payments.

That’s whether for everyday purchases, online shopping, or even when traveling overseas. Specifically for Eastwest Priority clients who travel frequently, Visa Infinite Debit Cardholders can enjoy more benefits, like:

  • Low foreign exchange fees of 1.7% (with no foreign exchange bank conversion fees promo until March 31)
  • Waived interbank domestic withdrawal fees
  • Up to 10 free international ATM withdrawals per year (with free and unlimited international ATM withdrawals promo until March 31)
  • 24/7 access to Visa Infinite Concierge

From casual cafe purchases to grocery checkouts and even online purchases and international trips, having EastWest on Google Pay transforms the smartphone into a secure, all-in-one wallet.

As with other banks offering the same capabilities, users do not need to carry their physical card with them anymore. A simple tap with a compatible Android device or wearable completes the transaction.

EastWest’s Debit Cards are powered by Visa, and are accepted at millions of merchants worldwide.

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