The word "pandemic" has been declared the word of the year by Webster's for obvious reasons, and not really for something good. The Coronavirus or what we now know as Covid-19 has indeed become a big deal for many as it has caused a lot of pain and suffering for many especially those infected by the virus.
Sadly, there is not too much to celebrate about the year 2020 as we have been plagued by so many more frustrating news of tragedies, deaths, anomalies, corruption, and whatever remains to be heard before the year end. I guess even if Christmas is just a few days away, we can't stop thinking that something else bad will happen.
Thus, it is a refreshing to hear about news of a partnership that would somehow help ease the hardship at least for partners of TNVS player OWTO. Their partnership with a Fintech company known as Advance is indeed one good news we love to hear amidst the pandemic times.
The other great news is that this new player in the ride hailing app category is 100% Filipino-owned. Something we should be proud of and patronize because who else should support Pinoys but fellow Filipinos.
What to know the details? But before that we had a fun discussion with OWTO's President and CEO Joel Gayod:
OWTO drivers no longer have to wait to receive their earnings, thanks to a partnership between the TNVS platform and Advance.
The deal comes after a successful four-month pilot with Advance, who issued on-demand earnings services to OWTO's shuttle drivers while servicing a BPO giant,
OWTO drivers typically have to wait up to 45 days for their compensation to be released by the partner BPO, but many of them need to get paid on the day of service. This is what makes the partnership with Advance so ideal.
Each time a driver completes a trip for OWTO's partners, their earnings will be registered in OWTO's app and made available to withdraw anytime. This flexible payment scheme aims to help cover the drivers' needs between paychecks, which typically come every 30th of the month.
"OWTO's partnership with Advance is a formidable alliance that positions both companies to dominate their respective markets. We are very excited to work with Advance in creating opportunities, surpassing key targets & achieving common goals in service of a wider consumer base," said OWTO CEO Joel Gayod. "With OWTO's proven market resilience and Advance's core capabilities, there is no way but up."
On-demand earnings services will be extended to even more drivers under OWTO's shuttle service operations as they expand their footprint to other companies. This is a huge win for the thousands of drivers who now have the flexibility to access their earnings as needed.
"These drivers are part of our front liners in today's reality," said Addi Guevara, Advance Co-founder. "They make it possible for others to continue making a living during these uncertain times. Through Advance's salary on-demand service, we hope to make life a little easier for them as well."
The deal comes after a successful four-month pilot with Advance, who issued on-demand earnings services to OWTO's shuttle drivers while servicing a BPO giant,
OWTO drivers typically have to wait up to 45 days for their compensation to be released by the partner BPO, but many of them need to get paid on the day of service. This is what makes the partnership with Advance so ideal.
Each time a driver completes a trip for OWTO's partners, their earnings will be registered in OWTO's app and made available to withdraw anytime. This flexible payment scheme aims to help cover the drivers' needs between paychecks, which typically come every 30th of the month.
"OWTO's partnership with Advance is a formidable alliance that positions both companies to dominate their respective markets. We are very excited to work with Advance in creating opportunities, surpassing key targets & achieving common goals in service of a wider consumer base," said OWTO CEO Joel Gayod. "With OWTO's proven market resilience and Advance's core capabilities, there is no way but up."
On-demand earnings services will be extended to even more drivers under OWTO's shuttle service operations as they expand their footprint to other companies. This is a huge win for the thousands of drivers who now have the flexibility to access their earnings as needed.
"These drivers are part of our front liners in today's reality," said Addi Guevara, Advance Co-founder. "They make it possible for others to continue making a living during these uncertain times. Through Advance's salary on-demand service, we hope to make life a little easier for them as well."
Interview with the Marketing Director
Q&A with OWTO and ADVANCE
Interview with the President and CEO of OWTO
MOA Signing between OWTO and ADVANCE
OWTO and ADVANCE doing the iconic Wazzup Pilipinas shout-out
Ross is known as the Pambansang Blogger ng Pilipinas - An Information and Communication Technology (ICT) Professional by profession and a Social Media Evangelist by heart.
