Tonik is one of the most secured digital banks established in the Philippines, and many reviews and claims can attest to such.
Images: Tonik Facebook page
Though physical banks have shifted to the world of digital banking, so are new and also trusted digital banks. As digital banks in the Philippines emerge in the local market, so are new digital banks like Tonik. This digital bank is among the pioneering neobanks to start its operations in the Philippines, which allows its clients and Filipino consumers to monitor their finances with just a mobile phone. Tonik is the best option if you want a digital bank in the Philippines with a highly secured and safest digital bank platform.
Tonik, being the first neobank in the country, sets itself a high standard regarding leading in innovation. Tonik also has become a competitive digital bank in the Philippines because it focuses on serving its clients and addresses customer needs by providing the safest digital banking technologies. Tonik also guarantees security among its consumers. This mobile bank in the Philippines is officially the country’s first challenger to receive a Digital Bank License from the Bangko Sentral ng Pilipinas (BSP), with all financial deposits insured by the Philippine Deposit Insurance Corporation or PDIC. Besides the digital app, Tonik also features a physical debit card and virtual cards. On the flip side, Tonik does not have a physical branch and is more focused on going as a digital bank in the Philippines; that is why Tonik is easily accessed through app stores and can be installed on your mobile phones. Tonik is available for both iOS and Android mobile phones.
Tonik also targets the unbanked Filipino population, tagging itself as the “Rolls Royce of Security” in digital and mobile banking in the Philippines. This Singapore-based bank ensures secure, convenient, and fast transactions covering almost all financial concerns such as payments, loans, deposits, withdrawals, and current accounts.