GoTyme

GoTyme becomes first Philippine digital bank to offer Apple Pay to 10 million customers

GoTyme Bank has enabled Apple Pay for its customers in the Philippines, becoming the first digital bank in the country to offer the service, its card processor Paymentology said in a statement on Tuesday.

Philippines to stop accepting digital bank applications for 3 years, caps licenses to 7

The Monetary Board decided to close the window for the submission of applications from new digital banks, including converting banks, starting August​ 31, 2021. This is in line with the overall thrust of maintaining a stable and competitive environment for banks.