The bank now covers 100 percent of the country.
ATM Go of the Rizal Commercial Banking Corp. (RCBC) announced that it is now servicing all 81 provinces nationwide.
About 1,400 ATM Go terminals have been installed through RCBC’s more than a thousand partner merchants in the Philippines.
As of the end August 2022, ATM Go recorded a transactional volume of over P6.2 billion, and a transaction count of over 2 million. Transactions were also recorded from 4Ps Pantawid CCT beneficiaries who received their social grants from the government.
RCBC has also conducted the e-disbursements of over P20 billion in social grants to over five million household beneficiaries.
ATM Go is a digital financial service for far-flung unbanked groups all over the country.
The Philippines’ neighborhood ATM allows partner merchants such as microfinance institutions, cooperatives, rural banks, sari-sari stores, pawnshops, money service business, supermarkets, and other micro small enterprises to offer the services in their respective communities.