Tonik transfers now available via PESONet
Tonik Digital Bank now allows its users to transfer funds from a PESONet participating bank to their accounts.
Toniks transfer services are initially available via RCBC, Landbank, PSBank, and CIMB, with other PESONet member banks expected to be added in the coming months.
“The response we got when we introduced the app last month was overwhelmingly positive. It’s 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,” said Tonik CEO and Founder Greg Krasnov. “Allowing 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’m sure will make our customers love us more,” Krasnov added.
In line with this, interbank transfer services via PESONet will be available with more banks in the coming weeks. Additionally, Tonik has revealed its plans to launch its loan offers and further expand its payment options.
Tonik is supervised by the Bangko Sentral ng Pilipinas (BSP), and deposits are insured by the Philippine Deposit Insurance Corporation (PDIC). Its unique cloud-based solution is powered by global financial technology leaders such as Mastercard, Amazon Web Services, and Finastra.