Since its operational launch in November 2022, GoTyme has been making waves in its push for a next-generation bank experience that’s highlighted by its mobile kiosk that can open an account and print your own Visa debit card in 5 minutes. As it is nearing its 2nd anniversary, GoTyme has made new accomplisments as the fastest growing bank in the Philippines in both customer and transactional growth with over 250,000 new customers a month and a year-on-year growth of 600%.
To date, GoTyme has 3.7 million customers since its launch in 2022. Aside from having robust customer growth, GoTyme is also doing well when it comes to consumer adoption, being #1 in monthly app downloads, #2 in Visa debit transactions, #5 in Instapay transactions.
With all the accolades it has achieved, how does GoTyme plans to maintain is reputation as the fastest growing bank in the Philippines? By offering more services that aim to improve customer experience. GoTyme has started expanding its offerings with its USD Time Deposit last May that offers up to 3.5% for a 6-month term, and it revealed during its event at Gallery Milanila that they are preparing more features to their platform within this year.
Among the biggest announcements is that those who are based abroad can open their own GoTyme account using an international SIM. This is a welcome feature especially for OFWs who need to send money to their loved ones in the Philippines–or who want to find ways to grow their hard-earned money.
Those dealing with checks will be happy to know that GoTyme will soon allow check deposits through the app. This means saving you time from going to the bank physically just to deposit a check.
Other interesting announcements from GoTyme include expanding their number of billers to 40 by August, being able to buy load or data by using GoRewards points, and partnering with BSP for the Coin Deposit machines.
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