{"id":42912,"date":"2021-04-27T13:32:54","date_gmt":"2021-04-27T05:32:54","guid":{"rendered":"http:\/\/www.upgrademag.com\/web\/?p=42912"},"modified":"2021-04-27T13:32:57","modified_gmt":"2021-04-27T05:32:57","slug":"transfers-to-tonik-now-available-via-pesonet","status":"publish","type":"post","link":"http:\/\/www.upgrademag.com\/web\/2021\/04\/27\/transfers-to-tonik-now-available-via-pesonet\/","title":{"rendered":"Transfers to Tonik now available via PESONet"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>The Philippines\u2019 first neobank Tonik is ramping up the convenient banking features on its game-changing app through tying up with PESONet\u00a0to enable safe and secure electronic fund transfers to Tonik account from other banks. The announcement comes on the heels of Tonik\u2019s highly successful public launch in March 2021, which saw it secure over 1 billion pesos\u00a0(US$20M)\u00a0in retail deposits in under 1 month &#8211; a historical record for any new bank launching in the Philippines.\u00a0<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Tonik users are now able to transfer funds from a PESONet&nbsp;participating bank to their accounts. This service is initially available via RCBC, Landbank, PSBank and CIMB, with other PESONet member banks expected to add the service in the coming months.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cThe response we got when we introduced the app last month was overwhelmingly positive.&nbsp; It\u2019s a testament to the fact that Filipinos are thirsty for a financial enabler that cuts the red tape, makes banking less complicated, and lets their hard-earned money work better for their future,\u201d said Tonik CEO and Founder Greg Krasnov. \u201cAllowing easier and bigger interbank transfers to Tonik accounts through PESONet is just one of several features that we are introducing in our app that I\u2019m sure will make our customers love us more.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Long Pineda, President of Tonik Digital Bank, Inc, Tonik\u2019s regulated bank subsidiary, shares her excitement on this development: \u201cThis is another chapter in our journey of growth and driving financial inclusion in the local banking industry. By making in-demand banking transactions such as interbank transfers safer and more seamless with PESONet, we hope to encourage more Filipinos to manage and maximize their finances with Tonik in the #neonormal.\u201d &nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In line with this, interbank transfer services via PESONet will be available with more banks in the coming weeks.&nbsp; Further, the neobank plans to launch its loan offers and further expand its payment options in the coming months.&nbsp; Customers are encouraged to stay updated on the latest developments from Tonik via their mobile app, official website and <a href=\"https:\/\/www.facebook.com\/TonikBankPH\">Facebook page<\/a>.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Tonik\u202fis on a mission to revolutionize the way money works with\u202fa&nbsp;new all-digital way of banking&nbsp;operating&nbsp;on a highly secure digital banking platform. The&nbsp;neobank&nbsp;offers accessible, flexible, and inclusive financial services, including&nbsp;industry-leading\u202fdeposit\u202finterest rates of up to 6% per annum, and&nbsp;unique&nbsp;saving&nbsp;features such as&nbsp;its Solo\u202fStash and Group Stash&nbsp;products, as well as Term Deposits.\u202f\u202f\u202f&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Tonik\u202fis supervised by the\u202fBangko\u202fSentral\u202fng\u202fPilipinas\u202f(BSP) and deposits are insured by the Philippine Deposit Insurance Corporation (PDIC).\u202f&nbsp;Its unique cloud-based solution is powered by global financial technology leaders such as Mastercard, Amazon Web Services, and&nbsp;Finastra.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Learn more about&nbsp;this story and other updates from Tonik&nbsp;via&nbsp;<a href=\"http:\/\/tonikbank.com\/\">http:\/\/tonikbank.com<\/a>.&nbsp;\u202f\u202f&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tonik users are now able to transfer funds from a PESONet participating bank to their accounts. This service is initially available via RCBC, Landbank, PSBank and CIMB, with other PESONet member banks expected to add the service in the coming months.<\/p>\n","protected":false},"author":6,"featured_media":42913,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[2096,5939,5247,4156,7302,7201],"class_list":["post-42912","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-headlines","tag-finance-and-banking","tag-finance-technology","tag-financial-industry","tag-financial-technology","tag-pesonet","tag-tonik"],"_links":{"self":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/posts\/42912","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/comments?post=42912"}],"version-history":[{"count":0,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/posts\/42912\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/media\/42913"}],"wp:attachment":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/media?parent=42912"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/categories?post=42912"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/tags?post=42912"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}