Toyota PH financial services arm helps firm achieve 'mobility for all' goal

Toyota Motor Philippines

Toyota Financial Services Philippines (TFSPH) expressed firm belief that it is fully supporting the vision of Toyota Motor Philippines (TMP) in providing mobility for all by offering customers accessible and flexible terms.

KEY TAKEAWAYS

  • What are the latest Toyota Financial Services Philippines products in the country?

    The newest products under TFSPH include myToyota Wallet and Kinto One leasing program.
  • How many years has Toyota Financial Services Philippines been operating in the country?

    TFSPH has been operating locally for 20 years.
  • Toyota’s local auto financing and leasing services firm continues to boost 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 as it celebrates 20 years of operations in the country.

    TFSPH President Rommel Ocampo shared that the company has reached 45-percent market share in 2021, which means that for every 10 Toyota vehicles sold, five of which are acquired under TFSPH.

     "We are optimistic about the country’s road to recovery and shaping the future of mobility," said Ocampo. "We are excited to show our customers how TFSPH will expand beyond traditional vehicle financing, through new mobility services to keep up with the dynamic needs of the future."

    myToyota Wallet

    Among TFS's products are the mobile app myToyota Wallet, as well as the vehicle lease offering Kinto One for individual customers and Kinto One Business for corporate fleet.

    The myTOYOTA Wallet is a mobile payment solution that allows easy transactions for Toyota customers. The mobile device app — which is available for Android and iOS — currently allows card tokenization for up to three debit or credit cards, for customers to conveniently pay for transactions at any Toyota dealerships nationwide.

     The service works hand-in-hand with the myToyota App, the all-in-one mobile customer portal. TFSPH said that more features will be incorporated soon such as e-money as well as online and secure payment of customer’s monthly amortization.

    Toyota Kinto One

     Meanwhile, the Kinto One is a full-service vehicle lease package for individual customers that introduces the convenient and worry-free car subscription. The all-inclusive monthly payment package covers periodic maintenance service, normal wear and tear parts replacement, annual comprehensive insurance, annual car registration, and the exclusive Kinto concierge service.

    TFSPH noted that there are several choices of cars available for lease under the Kinto One package to suit customers’ needs and the car may be replaced with a new car every three to four years. 

    Lastly, Kinto One Business is a full-service lease 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. The service also comes with a fleet connected service for location status, geo-fencing, and unplug detection along with feedback on driver performance.  

    "The future looks bright for the industry. A recent automotive market study has revealed that demand for new vehicles is rising in the region, and that vehicle subscription is on the rise in South East Asia, as an alternative to ownership," Ocampo said.

    TFSPH is supervised by the Bangko Sentral ng Pilipinas.

    Photos from Toyota Motor Philippines

    Also read:

    Toyota PH among Pag-IBIG’s top private employers, contributors in South Luzon

    Toyota PH’s logistics arm one of BIR West Laguna’s top taxpayers

    PCSO takes delivery of Hiace Commuter Deluxe ambulances from Toyota PH

    Read All

    Featured Articles

    Recommended Articles For You

    Read All

    Featured Toyota Cars

    • Upcoming

    Toyota Car Articles From Zigwheels

    • News
    • Article Feature
    • Road Test
    • Toyota PH to provide roadside assistance during 'Undas' break
      Toyota PH to provide roadside assistance during 'Undas' break
      Paulo Papa . Oct 30, 2024
    • Next-gen Toyota Tamaraw presented to PBBM
      Next-gen Toyota Tamaraw presented to PBBM
      Ruben Manahan IV . Oct 29, 2024
    • 9th PIMS: Toyota PH previews new Camry
      9th PIMS: Toyota PH previews new Camry
      Paulo Papa . Oct 28, 2024
    • 9th PIMS: Toyota PH highlights ‘Beyond Zero’ with concept car showcase
      9th PIMS: Toyota PH highlights ‘Beyond Zero’ with concept car showcase
      Cesar Miguel . Oct 25, 2024
    • Toyota Motor PH reactivates pre-Undas program
      Toyota Motor PH reactivates pre-Undas program
      Paulo Papa . Oct 23, 2024
    • More than just a race: Toyota GR PH Cup
      More than just a race: Toyota GR PH Cup
      Paulo Papa . Oct 04, 2024
    • Hybrid crossover clash: GWM Haval Jolion vs. Toyota Corolla Cross
      Hybrid crossover clash: GWM Haval Jolion vs. Toyota Corolla Cross
      Cesar Miguel . Sep 25, 2024
    • 2-door coupe skirmish: Ford Mustang vs. Toyota GR Supra
      2-door coupe skirmish: Ford Mustang vs. Toyota GR Supra
      Cesar Miguel . Aug 05, 2024
    • BYD Sealion 6 DM-i vs. the competition
      BYD Sealion 6 DM-i vs. the competition
      Paulo Papa . Aug 02, 2024
    • Crossover clash: Mitsubishi XForce vs. Toyota Corolla Cross
      Crossover clash: Mitsubishi XForce vs. Toyota Corolla Cross
      Cesar Miguel . Jul 16, 2024
    • Toyota Avanza G CVT: Dashingly dependable
      Toyota Avanza G CVT: Dashingly dependable
      Paulo Papa . Oct 14, 2024
    • Proper commuter: Toyota Wigo G
      Proper commuter: Toyota Wigo G
      Paulo Papa . Sep 05, 2024
    • ELECTRIA: Toyota Zenix Q Hybrid is fit for modern families
      ELECTRIA: Toyota Zenix Q Hybrid is fit for modern families
      Ruben Manahan IV . Apr 02, 2024
    • Above average: Toyota Raize G
      Above average: Toyota Raize G
      Paulo Papa . Mar 22, 2024
    • Review | 2023 Toyota Raize 1.0 Turbo | Rocket Bunny
      Review | 2023 Toyota Raize 1.0 Turbo | Rocket Bunny
      Roy Robles . Apr 27, 2023