Bayad Powers the Bills Payment Services of GoTyme Bank

Bayad, the pioneer brand in the outsourced payment collection system in the Philippines, officially sealed its partnership with GoTyme Bank, one of the country’s fastest growing digital banks.

GoTyme Bank is a joint venture between the Gokongwei group of companies and the multicountry digital banking group Tyme. This time, through its partnership with Bayad, GoTyme App enables bills payment services covering household utilities, tollway RFID load, e-loading, telco, internet, government contributions, and many others.

Tailor-made for the increasingly e-payment savvy Filipino market, GoTyme App provides the convenience of one-stop-digital-shopping experience.

GoTyme Bank is Here To Bring Better Financial Solutions for Filipinos

“Phygital” model ensures better access to basic and next-level banking services

#itsGoTyme as the Gokongwei Group partners with Singapore-based Tyme Group to launch financial solutions that are designed to offer Filipinos with a high-quality banking experience. GoTyme Bank combines a high-tech with a high-touch approach to bring financial solutions closer to more Filipinos. The GoTyme Bank “phygital” model, which combines physical touchpoints such as kiosks and bank ambassadors with secure digital transactions will help more Filipinos reach their full financial potential.

The last 10 years has seen an acceleration in fintech with digital banks and e-wallets, and the pandemic has accelerated the adoption of digital payments. While many Filipinos have become comfortable with access to fintech through basic accounts and cashless payments, there are still many financial solutions in the digital space that remains untapped in the local market.