01
Days, not months.
Sign up online, set up your page, start onboarding members.
Core banking · eKYC · Lending · Reporting
Big bank tools. Your name on the door.
OpenFinance.PH gives your institution a complete digital upgrade: self-onboarding, reusable eKYC, AI-assisted lending, electronic post-dated payments and regulatory reports, on one platform you can sign up for today. Your brand stays. Your members stay. The cost is shared.
Built by Traxion Tech, serving institutions across Luzon, the Visayas and Mindanao since 2015.
- BSP-licensed Electronic Money Issuer
- BSP-registered Operator of a Payment System
- Identity by eKYC.ph
Example RBPay member app home screen, showing the wallet balance, recent transactions and a news card.
Example DigiCOOP member app home screen, showing the wallet balance, recent transactions and a news card.
Example MicroPay member app home screen, showing the wallet balance, recent transactions and a news card.
Built for
- Rural banks
- Cooperatives
- Microfinance NGOs
- Thrift banks
- Credit unions
Why OpenFinance.PH
Your members already bank on their phones. Just not with you.
You know your members better than any app ever will. You know their farms, their stores, their families. But when they need to pay a bill, send money home or check a balance at 10pm, they open someone else's app.
Building your own digital banking used to mean a seven-figure project, a vendor you can't leave and a year of waiting. OpenFinance.PH changes the math: one platform, built once, shared by many, so each institution pays only for what it uses.
My e-PDCs
Agri Loan · No. 0012-4581
PHP29,150.00
Outstanding balance
1 of 12 e-PDCs collected
Next: Oct 30
Schedule
Monthly · 12 instruments
SEP30
e-PDC No. 0001
Auto-debit · Savings
PHP 2,850.00
CollectedOCT30
e-PDC No. 0002
Auto-debit · Savings
PHP 2,850.00
Next dueNOV30
e-PDC No. 0003
Auto-debit · Savings
PHP 2,850.00
ScheduledDEC30
e-PDC No. 0004
Auto-debit · Savings
PHP 2,850.00
ScheduledJAN30
e-PDC No. 0005
Auto-debit · Savings
PHP 2,850.00
ScheduledEach e-PDC is collected automatically from your savings account on its due date. No more trips to the branch.
Add an e-PDC
My e-PDCs
Productive Loan · No. 0034-1102
PHP29,150.00
Outstanding balance
1 of 12 e-PDCs collected
Next: Oct 30
Schedule
Monthly · 12 instruments
SEP30
e-PDC No. 0001
Auto-debit · Savings
PHP 2,850.00
CollectedOCT30
e-PDC No. 0002
Auto-debit · Savings
PHP 2,850.00
Next dueNOV30
e-PDC No. 0003
Auto-debit · Savings
PHP 2,850.00
ScheduledDEC30
e-PDC No. 0004
Auto-debit · Savings
PHP 2,850.00
ScheduledJAN30
e-PDC No. 0005
Auto-debit · Savings
PHP 2,850.00
ScheduledEach e-PDC is collected automatically from your savings account on its due date. No more trips to the branch.
Add an e-PDC
My e-PDCs
Group Loan · Center 3
PHP14,950.00
Outstanding balance
1 of 24 e-PDCs collected
Next: Oct 14
Schedule
Weekly · 24 instruments
OCT7
e-PDC No. 0001
Auto-debit · Savings
PHP 650.00
CollectedOCT14
e-PDC No. 0002
Auto-debit · Savings
PHP 650.00
Next dueOCT21
e-PDC No. 0003
Auto-debit · Savings
PHP 650.00
ScheduledOCT28
e-PDC No. 0004
Auto-debit · Savings
PHP 650.00
ScheduledNOV4
e-PDC No. 0005
Auto-debit · Savings
PHP 650.00
ScheduledEach e-PDC is collected automatically from your savings account on its due date. No more trips to the branch.
Add an e-PDC
- 02
No checking account needed.
Your borrowers get a post-dated payment instrument without a current account.
- 03
Verify once, reuse often.
Members verify their identity once and share it with your institution, with their consent.
Behind every account, a person
Familiar faces. New possibilities.
You've spent years earning your community's trust. The right technology should help you be there for them, wherever life takes them.
Built from real work with local institutions
Existing TraxionPay, DigiCOOP and RBPay deployments. These stories describe the work behind our platform. Meet the COOPNET community ↗ (opens in a new tab)
Built from real work with local institutions
- CDigiCOOP
Candelaria MPC
Cabadbaran City, Agusan del Norte
DigiCOOP and Candelaria MPC brought CARAGA's first Cash Teller Machine to their community.
Read the story about Candelaria MPC (opens in a new tab) - RRBPay
Rural Bank of Escalante
Negros Occidental
RBPay's Cash Teller Machine reached the bank's Don Salvador Benedicto branch, so members no longer make the long trip to bank.
Read the story about Rural Bank of Escalante (opens in a new tab) - GTraxionPay
Goodlife Savings Credit Cooperative
Digos City, Davao del Sur
Two TraxionPay-powered Cash Teller Machines brought financial access closer to members.
Read the story about Goodlife Savings Credit Cooperative (opens in a new tab)
Existing TraxionPay, DigiCOOP and RBPay deployments. These stories describe the work behind our platform. Meet the COOPNET community ↗ (opens in a new tab)
How it works
Everything from the first sign‑up to the month-end report.
Day 1 to month-end, on one platform. Your page is live the same day you sign up.
Sign up your institutionDay 1 · Set up
Step 1: Join
Sign up and e-sign online. Your page is live the same day.
Step 2: Connect
Sandbox tests for your core banking system, or file exchange if it has no API.
Every day · Serve members
Step 3: Know
Reuse verified identities through eKYC.ph, with the member's consent.
Step 4: Lend
AI scores and explains each application. Your officer approves.
Step 5: Collect
e-PDCs created from the repayment schedule, collected on each due date.
Month-end · Report
Step 6: Report
BSP, CIC and CDA reports ready for one-click sign-off.
White-label
One platform. Your brand on every screen.
Members never see our name. They see yours: your colours, your products, and your institution's reputation, on technology that used to be reserved for the biggest banks.
- 01
Sign up
Register your institution, reserve your page and e-sign the agreement. Free.
- 02
Make it yours
Upload your logo, choose your colors, import your members, and connect your core in the sandbox when you're ready.
- 03
Invite your members
Share your link. Members activate, verify through eKYC.ph and start banking with you on their phones.
Logo
Brand colour
Hi, Juancho!
Mobile: 09359245649
WalletLinked Account
RBPay Wallet
2452 1123 5798 1234
Available Balance:
PHP128,822.19
Cash
In
Send
Money
More
Recent Transactions
Send Money
Mar 26, 2026, 04:32 PM
-PHP 5,000.00
Pay Bills
Mar 26, 2026, 04:32 PM
-PHP 400.30
Add Funds
Mar 26, 2026, 04:32 PM
+PHP 40,000.00
News and Updates
RBPay’s Cash Teller Machine (CTM) launched in Rural Bank of Escalante, Inc.’s (RBEI) Don Salvador Benedicto Branch Lite Unit (DSB-BLU) branch in Negros Occidental during their 1st anniversary on October 21, 2024.
Many institutions. One complete platform.
All the right tools. Finally, together.
RBPay for rural banks. DigiCOOP for cooperatives. MicroPay for MFIs. They come together in OpenFinance.PH, from a member's first hello to your month-end report.
- RBPayRural and thrift banksdepositors · loans · branches
- DigiCOOPCooperativesmembers · share capital · dividends
- MicroPayMicrofinance institutionsclients · centers · group loans
- COOPNETCash access
- Your coreConnected securely
- Your appYour institution's brand
OpenFinance.PH
One platform. End to end.
- Onboarding
- eKYC
- Loan AI
- e-PDC
- Payments
- Reporting
Your brand, data and decisions stay yours.
One app for your members
Members download one app and see it in your institution's colors and terms.
- Savings and loan balances
- Loan payments
- Loan proceeds
- InstaPay and QR Ph
- Bills payment
- Load
- Cash in and out
- Virtual debit card
Spotlight · e-PDC
Commercial banks collect with post-dated checks. Now you can too.
Most of your borrowers will never open a checking account. So the collection discipline big lenders take for granted has never been available to you. e-PDC fixes that.
Release the loan.The platform reads the repayment schedule and creates one e-PDC for every due date.
Your borrower confirms.They see every instrument in the app and choose where each one pulls from: savings, wallet, or both.
It collects on the date.The payment moves automatically. You see it posted. They get a receipt.
A paper post-dated check becomes an e-PDC. When the loan is released, the platform creates twelve monthly e-PDCs of ₱2,850.00; the borrower chooses to pull them from savings and wallet, and the first one is collected on its due date.
Collected on the date. You see it posted; they get a receipt.
| Paper post-dated checks | e-PDC | |
|---|---|---|
| Checking account needed | Yes, with a ₱5,000 to ₱10,000 maintaining balance | No |
| Cost to the borrower | Checkbook plus bounced check penalties of ₱2,000 and up | Nothing |
| Cost to the lender | Handling, storage, deposit runs | ₱3 per successful collection (against ₱6 per check leaf) |
| Lost or altered checks | It happens | Digital records, with changes traceable on blockchain |
| Proof in a dispute | The paper trail you hope you kept | Tamper-evident record of issuance, consent and execution |
- Checking account needed
Paper: Yes, with a ₱5,000 to ₱10,000 maintaining balance
e-PDC: No
- Cost to the borrower
Paper: Checkbook plus bounced check penalties of ₱2,000 and up
e-PDC: Nothing
- Cost to the lender
Paper: Handling, storage, deposit runs
e-PDC: ₱3 per successful collection (against ₱6 per check leaf)
- Lost or altered checks
Paper: It happens
e-PDC: Digital records, with changes traceable on blockchain
- Proof in a dispute
Paper: The paper trail you hope you kept
e-PDC: Tamper-evident record of issuance, consent and execution
500
- No longer locked in checking-account balances
- ₱2.5M – ₱5M
- Your cost to collect, each month
- ₱1,500
Illustration: a ₱5,000 to ₱10,000 maintaining balance per checking account, and ₱3 per successful e-PDC collection, one a month per borrower.
Also a payment tool
Members can issue e-PDCs to suppliers, landlords or anyone with a bank account or e-wallet.
Built on national rails
Runs on Direct Debit PH, so it works alongside the banking system you already use.
e-PDC is a patent-pending Traxion technology.
Spotlight · eKYC.ph
Stop paying to verify the same person twice.
Every time a member joins a new institution, they upload the same ID, take the same selfie, and someone pays for the same check. eKYC.ph ends that.
Lower onboarding cost. Reusing a verified identity costs a fraction of a fresh eKYC.
Faster account opening. Members who are already verified can be onboarded in minutes.
Less data to guard. Verify without storing copies of everyone's IDs.
You still decide. Each institution keeps its own due diligence decision and risk rating.
- cooperatives, rural banks and MFIs
- 200+
- Filipinos with verified identities
- 1.3M+
Your institution stays yours
Shared cost. Not shared data.
The first question every board asks: if we share a platform with other banks and coops, will they see our members? The answer is no, and we put it in writing.
Your brand, your members
Members see your name, logo and colors. Your credit policy, records and relationships stay with you.
No one sees your data
Not other banks, not other coops, not Traxion's affiliates. Every institution is an ordinary tenant with the same walls.
Members control sharing
A member can choose to see balances from several institutions in one app. Institutions never see each other's accounts.
Mutual non-solicitation
We don't market to your members, and that commitment survives even if you leave.
Leave anytime
Give 60 days' notice and receive a full export of your data.
Compliance and trust
Built for the rules you already answer to.
Traxion Pay Inc. is a BSP-licensed Electronic Money Issuer and a BSP-registered Operator of a Payment System.
- AMLAScreening completeAnti-money laundering
- Due diligence, sanctions screening and transaction monitoring built into onboarding and every transfer.
- AFASADevice boundFraud protection
- Device binding, transaction limits and real-time fraud monitoring to help you meet your duties under the law.
- CICSubmission file readyCredit reporting
- Loan data prepared in CIC submission format, so credit reporting becomes a monthly approval.
- BSP · CDAReport generatedRegulatory reports
- BSP reports for banks and CDA reports for cooperatives, generated from live data for your sign-off.
- Data Privacy ActConsent loggedData privacy
- Consent-based sharing, data minimization and member-controlled access.
- Responsible AIDecision explainedExplainable lending
- Follows the BSP's governance principles for AI: explainable recommendations, human final decisions, full audit trail.
Pricing
Start free. Pay as you grow.
Free
₱0
- Your page at openfinance.ph/yourname
- Online account opening, delivered as a ready-to-process file
- Sandbox for your core banking system
- Member import and back office
Live
₱5,000to ₱35,000 a month, by member count
- Everything in Free
- Member mobile app in your colors
- Payments, transfers, bills, load, cash in and out
- Savings and loan access in the app
- Compliance and fraud controls
e-PDC
₱3 per successful collection (against ₱6 per check leaf), paid by the lender. Free for borrowers.
eKYC.ph reuse
Priced per verification, at a fraction of a fresh eKYC.
Core connection
API or on-site connector quoted to your setup. File-based connection is free.
1,000
₱3,000
a month, paid by your institution · free for borrowers
Institutions with fewer than 1,000 members start at ₱5,000 a month. Prices exclude VAT.
Do we have to replace our core banking system?
No. We connect to the core you already have, through its API, a secure on-site connector, or file exchange if it has no API at all.
Will other institutions see our members or data?
No. Every institution is walled off from every other. Only the member can choose to view their own accounts across institutions, and no institution ever sees another's balances or transactions.
Who owns the member relationship?
You do. Deposits, loans, credit decisions and member records stay with your institution.
Is e-PDC a check?
It's an electronic payment instruction that works the way post-dated checks are used today: issued in advance, held by the payee and executed on its date. It doesn't need a checking account.
What if the borrower's account is short on the due date?
Your institution sets the rules at onboarding, including whether to retry and how you're notified. Every attempt is recorded.
Does the AI approve loans on its own?
No. It gives your credit officer a score, the reasons behind it and a recommendation. A person at your institution makes the final decision.
Is blockchain storing our members' personal data?
No. Personal data stays off-chain. The blockchain keeps tamper-evident proof that a verification, consent or payment instruction happened.
Is OpenFinance.PH part of the BSP's Open Finance program?
OpenFinance.PH is a private platform by Traxion and is not operated or endorsed by the BSP. We share the goal of the BSP's open finance agenda: consent-based data sharing that gives Filipinos more control over their financial lives. Our focus is making that possible for smaller institutions.
How long does it take to go live?
Your page and account opening can be ready the day you sign up. Connecting your core depends on your setup, and the sandbox lets your team move at its own pace.
Can we leave?
Yes. Give 60 days' notice and you receive a full export of your data.
Get started
Your members are ready. Are you?
Sign up today and have your institution's page live this afternoon. No vendor project, no upfront cost, no lock-in.
- Email [email protected]
- Call (02) 8254-3643