Toyota PH now allows cash-in on myToyota app with new e-money feature

Updated Sep 19, 2023 | Same topic: Automotive Industry Updates

The company offers a two percent rebate of the transaction price as a launch offer.

Toyota Motor Philippines (TMP), through Toyota Financial Services Philippines (TFSPH), announced the launching of the myToyota Wallet app’s e-money feature. The new component of the brand’s app allows customers to cash in using their Bank of Philippines Islands (BPI) deposit account.

myToyota Wallet app new feature

Toyota introduces the e-money feature

To get started, customers must download the myToyota Wallet app from Google Play or App Store. Once that is completed, the next step is to register and apply for an upgraded account by submitting a government-issued ID and a selfie.

In comparison to a basic account, an upgraded account increases the transaction limit from Php 100,000 per year to Php 1.2 million (or Php 100,000 per month).

myToyota Wallet app new feature

The new feature is available for BPI users

To load up the e-wallet, users simply have to click on “cash-in” on the myToyota Wallet app. The next step is to select the cash-in method and enter the desired amount through a BPI savings account. For added security, the app will ask users to enter their six-digit one-time pin (OTP), which will be sent to their registered phone numbers.

The e-money feature can be used for any Toyota transaction such as preventive maintenance service (PMS) and vehicle repair. Toyota owners who want to avail of parts, accessories, and insurance can also use the new feature for a more convenient payment method. It is available at any Toyota dealership nationwide.

myToyota Wallet app new feature

A more convenient way to pay for Toyota transactions

To go with the new feature, TMP is offering a launch offer where registered customers can get up to Php 300 or a two percent rebate of the transaction price. Of note, the promo is running until the end of October only.

The new e-money feature is just one of the many programs TSFPH rolled out to aid customers financially. Earlier this month, the company partnered with Lalamove to offer affordable pricing schemes on the Lite Ace. With these deals, individuals who are looking for their next business road partner could get the Lite Ace through a more flexible payment scheme.

Get the latest from your favorite automakers at Philkotse.com.

Know more about Toyota

Toyota

For the local market, Toyota Philippines offers 22 car models. The most affordable of these is the Toyota Wigo hatchback. Toyota also has three sedan models namely the Vios, the Corolla Altis, and the Camry. It then has one entry to the pickup truck segment, the Hilux. For coupes, Toyota Philippines offers two models: the GT 86 and the Supra. The Toyota local SUV segment has four models. These include the Fortuner, Land Cruiser, and Land Cruiser Prado. The Toyota MPV segment for the Philippines has three models: the Avanza, Rush, and the Innova. Then there are two Toyota vans in the Philippine market: the Hiace and the Hiace Super Grandia. For hatchbacks, there's the Wigo, the GR Yaris, Prius, and the Yaris, while the minivan segment then has the Alphard. And lastly, the crossovers sold by Toyota include the Corolla Cross, and the RAV4.

Here at Philkotse.com, we provide the complete Toyota Philippines Price list for 2023, which we update on a monthly basis. Besides that, we also list the latest and hottest car promos ranging from low monthly amortizations, cash discounts, and low downpayments. 

For more information about the Toyota Philippines price list for 2023, as well other details regarding the brand, continue below.

Rex Sanchez

Rex Sanchez

Author

Rex Sanchez grew up in Saudi Arabia where he saw and got into the automotive scene. He started his career for an aviation company in the said region, writing about turbines and rotors which are later distributed for educational purposes. And now, he joined Philkotse.com as a staff writer. Currently, he is the youngest on the team and is more than ready to grow in the field.

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