The Philippine Statistics Authority (PSA) said it teamed up GoTyme Bank Corp. for a colocation strategy in mobile registration activities of the National ID system.
The PSA and GoTyme signed a memorandum of agreement to further promote financial inclusion by allowing unbanked Filipinos who have just successfully registered to the National ID system in mobile registration activities to open bank accounts for free with GoTyme Bank. Mobile registration activities include PhilSys on Wheels, PhilSys on Boat and house-to-house registration.
“The PSA’s colocation strategy was not only designed to boost National ID registration but also to extend our reach in facilitating financial inclusion, especially to our underserved kababayans,” said PSA civil registrar-general Claire Dennis Mapa.
“Our goal with this initiative is to deliver services that make a meaningful and positive impact on communities nationwide. We anticipate that the success of this strategy will create a strong foundation for sustainable and equitable national development, leading to an improved quality of life for all,” said Mapa.
