Tonik, the country’s first neobank, continues to be every Filipino’s partner to easy, stress-free, and accessible banking through its BillsPay feature. Available through the Tonik app, BillsPay enables users to seamlessly pay their bills on time, without the hassle of long queues and even at the comfort of their own homes – all through a few taps on their mobile phone.

Greg Krasnov, Founder & CEO, said in a statement that Tonik is at the forefront of fintech in the Philippines, constantly expanding product offerings to meet all of the financial hardship that Filipinos encounter on a daily basis as they accelerate financial inclusion. Going through the rigors of monthly dues might be quite stressful for consumers, but they make it their aim to assist them in staying on top of their finances. They now provide an easier way to settle your invoices at your leisure using BillsPay.

Users can settle their bills with a variety of billers directly in the Tonik app, thanks to a collaboration with Bayad, a pioneer and leader in the outsourced payments business. This comprises prominent utilities including MERALCO, PLDT, Maynilad Water Services Inc., Manila Water Company Inc., Smart, Converge ICT, Pag-IBIG, Easytrip Services Corporation, Metrobank Credit Card, and Visayan Electric Company (VECO). More merchants and billers will be added to the app soon. Payments are posted within 48 hours following the transaction.

Users that share a Group Stash can save money jointly to pay a payment. When the target amount is reached, the Group Stash owner can transfer it to their Tonik Savings Account to pay the charge.

Krasnov further stated, Filipinos can manage all of their costs with BillsPay and confront each month worry-free. Users can also pay for the expenses of their relatives or friends if they require assistance. It is quick, simple, and easy to use—exactly the type of banking partner that Filipinos deserve.