By offering Filipino customers accessible and flexible ways to acquire cars and enjoy the freedom of mobility for 20 years, auto financing and leasing services company Toyota Financial Services Philippines (TFSPH) is supporting Toyota Motor Philippines (TMP)’s vision of providing mobility for all.
TFSPH continues to strengthen its traditional business offerings like vehicle financing and finance lease, while introducing innovative products and services that seek to revolutionize the way Filipinos acquire, enjoy, and upgrade their vehicles.
According to TFSPH President Rommel Ocampo, the company has reached 45% market share in 2021, meaning for every 10 Toyota cars sold, five are financed by TFSPH.
With these results and some encouraging economic indicators, TFSPH is confident in expanding its offerings that will cater to the customers’ evolving needs and will adapt to the ever-changing mobility landscape.
Among TFS’s innovations are the mobile app myTOYOTA Wallet, and vehicle lease products KINTO One for individual customers and KINTO One Business for corporate fleet.
myTOYOTA Wallet is a mobile payment solution that allows customers to safely and easily transact for everything Toyota. Available for Android and iOS the mobile app currently allows card tokenization for up to three debit or credit cards, so customers can easily and conveniently pay for their Toyota transactions at any Toyota dealerships nationwide. This service works hand-in-hand with TMP’s all-in-one mobile customer portal, the myTOYOTA App, for payments on parts, accessories, service, and insurance.
KINTO One is a full-service vehicle lease package for individual customers that introduces the convenient and worry-free car subscription or “usership” model. The all-inclusive monthly payment package covers periodic maintenance service, normal wear and tear parts replacement, annual comprehensive insurance, annual car registration, plus an exclusive KINTO concierge service.
KINTO One Business is a full-service lease package that is a hassle-free, worry-free solution for corporate customers’ fleet requirements. The fleet-management service covers periodic maintenance, comprehensive insurance, vehicle registration, and even roadside assistance in affordable payment packages. It also has a state-of-the-art fleet connected service, for location status, geo-fencing, and unplug detection along with feedback on driver performance.
Customers can download or learn more about the myTOYOTA Wallet and myTOYOTA App through their respective websites. Those who are interested to “subscribe and drive” may learn more about KINTO One and apply online through https://www.kinto-ph.com. For more information about TFSPH and its products and services, and to apply for its various financial services online, visit https://www.toyotafinancial.ph
*Supervised by the Bangko Sentral ng Pilipinas (consumeraffairs@bsp.gov.ph).