BSP Grant VASP to Famous to digital bank Gotyme

cryptoaddictchie

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Quote from: crwth on October 28, 2024, 01:33:05 PM

Thank you sa pag update about dito at pagreply sa question ko mga kabayan. Parang magandang mag open lalo na at madali dahil digital bank siya. I’m actually looking to open a dollar account naman kasi wala ako nun. Interesting kasi yung offer na pwedeng bumili ng USD. So siguro pde din? I will be looking into that. If ever, update ko din kayo dito.

No problem mate. Actually bago lang to dollar account na to di ko naman yan napapansin before. Its a good thing din if totoo na supported na nila.

Quote from: Text on October 29, 2024, 12:31:01 AM

Buti na lang merong kiosk dito sa Robinsons Place to print my card.

Oo sa mga robinsons sila present since Gokongwei company to. Not sure lang kabayan if its still free to print the card before kasi libre lang talaga siya.

I suggest guys kuha na kayo since wala naman mawawala madadagdagan pa ang inyong source of potential outflow from crypto since supported to sa Binance sa p2p.

Peanutswar

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If madalas ka sa mall is sigurado impossible na di ka makakita ng Gotyme na stall actually until now is di pa din ako kumukuha kasi nga ang dami ko ng wallet and di naman all the time is nalalagyan ko sya and nakita ko nga itong post mo kabayan so siguro attempt na din ako kuha kasi pag tinatanong if ano requirement is isang valid ID lang daw tas maganda din yung platform nila tsaka ayun nga ang dami mong makikitang stall nila so far if ganito din kadami soon mas convenient para sa atin kasi madalas first year hype lang like gcash before eh.

Text

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Sa totoo lang, nagdadalawang isip pa ako dati kung mag-open ng account sa GoTyme. Pero dahil sa mga nabasa ko dito, at sa positive experience nyo, baka nga dapat subukan ko na rin. Bale na install ko na pala ito dati sa phone ko at may account na rin ako, hindi ko lang ulit nabalikan after ko magsubmit ng ID verification to process.

Buti na lang merong kiosk dito sa Robinsons Place to print my card.

GreatArkansas

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Quote from: crwth on October 27, 2024, 09:28:29 PM

I believe need nila mag apply if they want to have a license. I don't think the government would just award something na hindi naman inapplyan. Dahil dito parang gusto ko na mag open ng account sa GoTyme.

Ano feed back nyo with this bank?

Matagal na ako may account sa GoTyme, another reason why I opened an account here ay dahil din under ito sa Gokongwei, reputable name.
Maganda ang app nila, best ui/ux experience, user friendly. Downside lang eh bago pa, di pa masyadong kilala ng mga tao.

Maganda din dahil may interest pag nag time deposit ka, although kunti lang pero nakakatulong na.

Now, ito na inaantay ko dahil may basbas na nag BSP about VASP, dahil sa magandang user experience and interface ng app nila at madaling gamitin, sana ganito parin pag pwede na magkaroon ng cryptocurrency transactions under sa kanila.

bhadz

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Quote from: crwth on October 28, 2024, 01:33:05 PM

Thank you sa pag update about dito at pagreply sa question ko mga kabayan. Parang magandang mag open lalo na at madali dahil digital bank siya. I’m actually looking to open a dollar account naman kasi wala ako nun. Interesting kasi yung offer na pwedeng bumili ng USD. So siguro pde din? I will be looking into that. If ever, update ko din kayo dito.

Pwede din dollar savings diyan, kaya maganda siyang bank at app. Gawa ka na, madali lang naman at mabilis. Tapos kung kukuha ka ng physical card, madali lang din pero need mo ng personal appearance sa mga may GoTyme kiosks na normally nasa mga Robinson's supermarket. Check mo nalang din mga location[1] ng kiosks nila, libre lang yang card pero kapag nawala mo tapos nagrequest ka ulit parang 200 pesos na ata bayad.

[1] https://www.gotyme.com.ph/kiosk-locations/

crwth

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Thank you sa pag update about dito at pagreply sa question ko mga kabayan. Parang magandang mag open lalo na at madali dahil digital bank siya. I’m actually looking to open a dollar account naman kasi wala ako nun. Interesting kasi yung offer na pwedeng bumili ng USD. So siguro pde din? I will be looking into that. If ever, update ko din kayo dito.

bhadz

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Quote from: crwth on October 27, 2024, 09:28:29 PM

Dahil dito parang gusto ko na mag open ng account sa GoTyme.

Ano feed back nyo with this bank?

Goods na goods para sa akin ang GoTyme. Ito lagi gamit ko na parang gcash yung app niya tapos may savings din. Kung may physical card ka, puwede mong i-disable yung usage ng card gamit ang app. Kaya mapa-app o card man, gamit na gamit ko yan tapos bawat bili mo may points ka na maiipon. Ang ginagawa ko yung points ko na convertible into peso ang nilalagay ko sa savings. Tongue

Kaya maganda siya at noong nakita ko na na-grant ang license nila para sa crypto, masaya ako at sana hindi yan flop tulad ng Maya at Gcrypto.

gunhell16

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Quote from: cryptoaddictchie on October 27, 2024, 11:28:40 PM

Quote from: crwth on October 27, 2024, 09:28:29 PM

I believe need nila mag apply if they want to have a license. I don't think the government would just award something na hindi naman inapplyan. Dahil dito parang gusto ko na mag open ng account sa GoTyme.

Ano feed back nyo with this bank?

Ive been using GOtyme kabayan, maganda siya and very convenient for me. Using it to pay all my bills sa kuryente, tubig, internet and my netflix subs.

Saka may free withdrawal ka 3x a week to bank, gcash and etc.

Also if you noticed sa binance P2p may mga gotyme withdrawals puwedeng puwede mo rin siya magamit as output ng withdrawal besides gcash if you dont prefer bank withdrawals.

What is good as well is mayroon silang savings feature na 4% or 5% not sure kung ano na now rate.

For me having VASP which is a critical need for any digital bank is advantage satin mga users though wala pang kind of implementations pano gagawin nila sa license na to. Siguro somehow same like gcash.

Quote from: Maslate on October 27, 2024, 11:04:50 PM

Saka meron din silang card, meron silang ATM na doon mo kukuhanin ang card mo, I just got mine recently.

Puwde ka din withdraw sa any bank kabayan using that natry ko na. Hehe ayos naman.

Been a gotyme user for more than a year and accepted din siya sa halos na store for payment and even booking online and abroad.

Matagal ko ng nakikita yan at alam pero never ko pa natry, since na legally na legally licensed na sila magdadownload narin ako nyan kabayan, salamat sa pagbahagi dito, malaking tulong parin yan, so sa nakikita ko rin parang katulad din siya ng gcash features in terms of it usages, tama ba?

dowloadable lang siya sa playstore at pwede ring umorder ng debit card na pwedeng magamit sa kahit anung atm banks, right? maganda yan at least madami tayong ibang options na magagamit sa ganitong mga bagay na ating ginagawa.

cryptoaddictchie

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Quote from: crwth on October 27, 2024, 09:28:29 PM

I believe need nila mag apply if they want to have a license. I don't think the government would just award something na hindi naman inapplyan. Dahil dito parang gusto ko na mag open ng account sa GoTyme.

Ano feed back nyo with this bank?

Ive been using GOtyme kabayan, maganda siya and very convenient for me. Using it to pay all my bills sa kuryente, tubig, internet and my netflix subs.

Saka may free withdrawal ka 3x a week to bank, gcash and etc.

Also if you noticed sa binance P2p may mga gotyme withdrawals puwedeng puwede mo rin siya magamit as output ng withdrawal besides gcash if you dont prefer bank withdrawals.

What is good as well is mayroon silang savings feature na 4% or 5% not sure kung ano na now rate.

For me having VASP which is a critical need for any digital bank is advantage satin mga users though wala pang kind of implementations pano gagawin nila sa license na to. Siguro somehow same like gcash.

Quote from: Maslate on October 27, 2024, 11:04:50 PM

Saka meron din silang card, meron silang ATM na doon mo kukuhanin ang card mo, I just got mine recently.

Puwde ka din withdraw sa any bank kabayan using that natry ko na. Hehe ayos naman.

Been a gotyme user for more than a year and accepted din siya sa halos na store for payment and even booking online and abroad.

Maslate

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Quote from: crwth on October 27, 2024, 09:28:29 PM

I believe need nila mag apply if they want to have a license. I don't think the government would just award something na hindi naman inapplyan. Dahil dito parang gusto ko na mag open ng account sa GoTyme.

Nag apply na sila kabayan, meron na silang license pero di pa lang active ang operation nila on that area.

Quote from: crwth on October 27, 2024, 09:28:29 PM

Ano feed back nyo with this bank?

Maganda, parang gcash lang din, just download the app online, and verify, magagamit muna in just less than an hour. Saka meron din silang card, meron silang ATM na doon mo kukuhanin ang card mo, I just got mine recently.

crwth

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I believe need nila mag apply if they want to have a license. I don't think the government would just award something na hindi naman inapplyan. Dahil dito parang gusto ko na mag open ng account sa GoTyme.

Ano feed back nyo with this bank?

cryptoaddictchie

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Magandang balita mga kabayan ang isa sa sikat na digital bank na GOtyme ay nabigyan na ng Vasp license ng BSP. Im not sure if they applied for that or dont have info if biglaan na lang inaward sa kanila.

Bale kasama na ang GOtyme sa newly vasp together with Unionbank at may natanggal na apat na vasp from the list.

-Appsolutely
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Quote

The list released by the BSP was based on their TRISD Database and was updated on October 1, 2024.

As of this writing, GoTyme is still not releasing its official statement nor future plans on how it will utilize the VASP license.
Zoom Out: This year, the digital bank introduced a new feature that allows users to buy U.S. dollars and send it in a time deposit to earn up to 5% annual interest.
Currently, BSP tagged GoTyme as an inactive and not yet operational VASP alongside UnionBank of the Philippines:

Source:

https://bitpinas.com/regulation/bsp-new-vasp-gotyme/

Topic: BSP Grant VASP to Famous to digital bank Gotyme (Read 94 times)