HappeningPH Fintech News! Skyro Officially Launches Its Credit Line Product Skyro Pocket

Manila, Philippines. May 21, 2024 – Skyro, a fast-growing fintech brand in the Philippines, has officially launched its new credit line product, Skyro Pocket. This latest offering from the brand provides customers with a swift and convenient payment solution, enabling them to shop at any QR Ph-enabled merchants nationwide.

Skyro Pocket serves as a flexible line of virtual credit provided exclusively to existing Skyro customers, offering personalized limits and accessible through the Skyro app. These credit limits can be further increased based on the customer’s timely repayment patterns and track record.

This new feature is compatible with a wide range of QR Ph codes, enabling customers to conveniently make payments at any store. Whether it’s a printed or virtual QR code, Skyro Pocket accommodates both modalities. This compatibility extends to popular e-payment platforms such as Maya or BDO QR codes, ensuring integration with various merchants and payment systems.

Arsen Liametov, co-founder and co-CEO of Skyro, shared his excitement: “Skyro Pocket empowers our customers to shop with ease, flexibility, and peace of mind while rewarding responsible financial behavior. We at Skyro are committed to pushing the boundaries of financial technology, empowering users and the Filipino community to thrive in today’s digital economy.”

Eligible customers may enjoy an interest-free period of up to 45 days, allowing convenient repayments without incurring charges. For those with remaining balances, the customers may opt to have a minimum payment equal to 10 percent of their credit limit. Additionally, customers can make a free deposit once every month to settle their credit line balance, with subsequent deposits each incurring a nominal transaction fee of ₱25.

Access Skyro Pocket in just a few easy steps:

• Navigate to the Skyro app and locate the Skyro Pocket feature.
• Review the loan agreement and confirm by checking the box.
• Click the “Sign the Agreement” button and enter the SMS code received on your registered mobile number.

Sergey Donskikh, Skyro’s head of customer experience, underscored the company’s dedication to delivering financial solutions that elevate both financial management and the shopping journey. He expressed, “At Skyro, ensuring seamless and innovative financial solutions is central to our mission. We’re committed to providing a satisfying customer experience that transcends mere financial transactions, extending to enhancing their overall shopping experience as well.”

Skyro Pocket users may also enjoy the first six months free of charge, followed by a nominal fee of ₱ 59 per month thereafter.

Skyro is a fintech company duly licensed and supervised by the Securities and Exchange Commission (SEC).  To learn more about digital financial products from Skyro, visit its official website www.skyro.ph. Follow its official Facebook and Instagram accounts to know more about its latest promos and offerings.