Business World

GoTyme Bank to launch more ATMs, products

- Keisha B. Ta-asan

GOTYME BANK is looking to roll out more automated teller machines (ATMs) throughout the country and additional products this year.

Gigi Puno, head of technology at GoTyme, said in an online event on Thursday that the bank has evolved into a phygital (physical digital) lender as it is the first neobank to introduce ATMs.

“We’re not stopping with just one ATM. We’re expanding our network to give (customers) even more access and convenienc­e for cash outs,” she said.

“In fact, by end of this year, you can expect to see several strategica­lly located ATMs across key areas of the country such as malls, transporta­tion terminals, groceries, offices, and tourist spots,” she said.

She said GoTyme aims to bridge the gap between digital convenienc­e and tangible accessibil­ity.

“Ultimately, our goal is to provide you with unparallel­ed accessibil­ity to free withdrawal­s, ensuring that your banking experience is as seamless and hassle-free as possible,” she said.

GoTyme Bank is rolling out ATMs in partnershi­p with Euronet Technology Service, Inc.

“GoTyme Bank, through our partnershi­p, is able to leverage our unique platform to accelerate physical deployment of ATMs throughout the country,” Sriram Jayakumar, managing director of Euronet, said.

“The entire ATM channel management ranging from site selection and deployment, site contracts, cash logistics to transactio­n reconcilia­tion, is managed seamlessly by Euronet, thereby allowing tremendous flexibilit­y for GoTyme Bank to scale up its network,” he added.

Meanwhile, GoTyme Bank CoChief Executive Officer (CEO) Albert Raymund O. Tinio said the bank is launching more products, features and services for its customers.

He said GoTyme Bank will be offering a savings interest rate of 4% per annum effective March 1. —

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