TANG app Insights

September 8, 2020

What Are We Trying to Achieve with TANG app?

The visionary Bangko Sentral ng Pilipinas (BSP) former Governor (2017-2019), Nestor A. Espenilla Jr. believes: “the future of the financial system lies in going digital and using it to achieve financial inclusion. We are too fragmented geographically to reach out using traditional means. Digital technology provides such a chance.” This is also TANG app’s vision: to make transactions like money transfer or phone load top-ups from abroad as simple as sending a text message, in a convenient, instant, and safe manner.

With TANG app we bring Filipinos closer by connecting OFWs to their loved ones back home in the Philippines, who are unfortunately often financially excluded and an under served population. TANG app is for Filipinos by Filipinos and aims to connect remittances to domestic last mile daily e-payments. The habits in the Philippines of transacting mainly in cash are partly due to the lack of effective access to formal financial services. It will only change when simplified digital access to these services is provided. TANG app is here to help both Filipinos abroad, and at home, get the best financial digital services.

The benefits of being digital:

So join us at TANG app and do your bit to change the consumption habits of so many Filipinos for the better. We’re launching TANG app for phone load top-up, this summer. Use it to recharge your friends' and family’s phone connections. Sign-up with your e-mail on our website and we will let you know when our app is ready.
www.tangapp.org
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Images: (1) GMA Network Inc. (2-4) Taken by Tang CEO and Founder, Rebecca Kersch
References:
http://www.bsp.gov.ph/downloads/Publications/2018/FIP_1Sem2018.pdf
Written in collaboration with The Fin Lit Project