GoTyme Bank was recently cited for its excellence in the field and for its efforts to expand Visa's payment services in the Philippines.
In recognition of the digital bank's various technological innovations and exceptional performance since its launch last October, Gotyme received the "Best Innovation on Card Acquisition" special citation from the global payments giant.
GoTyme Bank is a joint venture of Tyme, a multi-country digital banking group, with the Gokongwei Group's Robinsons Bank, Robinsons Land Corporation, and Robinsons Retail Holdings, Inc.
With its “phygital” model, which combines physical touchpoints such as kiosks and bank ambassadors with secure digital transactions, the bank is bringing financial solutions closer to more Filipinos, helping them reach their full financial potential.
A few months before GoTyme’s official launch, the digital bank formed a formidable strategic partnership with Visa and BancNet to address the need for convenient and accessible banking and digital payment solutions in the Philippines.
The combination of Visa’s worldwide reach and expertise in digital payments, BancNet’s nationwide and offshore coverage, and GoTyme Bank’s technological know-how backed by the Gokongwei Group’s solid reputation and understanding of the Philippine market has proven to be a winning formula.
The partnership launch of GoTyme Bank, Visa, and BancNet on September 6, 2022, featured the introduction of the GoTyme Bank ATM Debit Card, which is 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.
Following GoTyme’s public launch, consumers were introduced to one of the bank’s innovations, the first-to-market digital kiosks, currently available in Robinsons Supermarket branches, where consumers can claim their debit card in a matter of minutes.
Ezer Escolar, Visa’s Head of Products and Solutions for the Philippines and Guam, stated, “We are highly appreciative of GoTyme’s quick strides in introducing digital payment solutions towards furthering the shared vision of a cashless Philippines. This first-ever digital kiosk that produces debit cards for GoTyme customers in just a few minutes goes a long way in providing ease of access to Filipinos.”
The groundbreaking initiative successfully welcomed both existing bank users and new account holders to GoTyme’s unique style of client services. Other notable features include being able to sign up for an account in five minutes or less, and having a bank ambassador ready to assist and answer all bank-related questions consumers may have.
GoTyme Bank plans to expand its debit partnership with Visa in the coming years to transition from a product-centric system and spearhead the journey to a digital and cashless Philippines. Clients can expect various solutions for enhancing services and payment convenience with GoTyme soon.
Apply for a GoTyme debit card today and join this exciting movement. To find the most convenient GoTyme Bank digital kiosk, click here. You can also download the GoTyme Bank app via IOS or Android. For more information and updates, visit the GoTyme Bank website and follow its Facebook and Instagram accounts.
