Skyro, a fintech company in the Philippines, has introduced its latest product, Skyro Pocket, offering customers a new credit line designed for easy and swift payments at any QR Ph-enabled merchant nationwide.
Skyro Pocket is an exclusive virtual credit line available to current Skyro users, providing them with personalized credit limits accessible through the Skyro app. Customers can see their limits increase with timely repayments and responsible financial behavior. This service works with a variety of QR Ph codes, allowing users to make payments at both physical and online stores. It also integrates seamlessly with popular e-payment platforms like GCash, Maya, and BDO, ensuring broad compatibility.
“Skyro Pocket empowers our customers to shop with ease, flexibility, and peace of mind while rewarding responsible financial behavior,” said Arsen Liametov, co-founder and co-CEO of Skyro.
Eligible customers can enjoy up to 45 days interest-free, making repayments convenient and charge-free within this period. For balances carried over, customers can opt to make minimum payments equal to 10 percent of their credit limit. Skyro Pocket allows one free deposit each month to clear the credit balance, with subsequent deposits incurring a P25 fee.
To access Skyro Pocket, customers need to:
- Open the Skyro app and find the Skyro Pocket feature.
- Review and agree to the loan terms.
- Sign the agreement by entering a verification code sent via SMS.
Skyro Pocket users can enjoy the first six months free of charge, after which a monthly fee of P59 will apply.