Digital financial services platform Atome Philippines has announced a strategic partnership with independent fuel company SEAOIL Philippines to provide exclusive fuel discounts to its cardholders.
The collaboration aims at managing daily living costs. It allows holders of the Atome Card to receive discounts of up to PHP 5 per litre on SEAOIL fuel products.
To access the savings, customers must utilise the PriceLOCQ mobile application. The mechanism requires cardholders to download the app, pre-purchase fuel through the platform, and redeem it at participating SEAOIL stations.
This digital-first approach aligns with Atome’s user base. As of today, the company reports that nearly 2 million Filipinos currently hold an Atome Card.
From that number, approximately 80% are first-time card users. These users primarily rely on credit for essentials such as groceries and utilities.
Christian Quiros, President and Country General Manager of Atome Philippines, highlighted the partnership’s focus on affordability.
Jayvee dela Fuente, Vice President for Corporate and Consumer Marketing at SEAOIL Philippines, stated that the initiative helps customers stretch their budgets.
The rollout will occur in phases, initially onboarding over 300 SEAOIL stations. The companies plan to eventually expand the programme to the majority of SEAOIL’s network, which exceeds 800 stations nationwide.
This partnership follows Atome’s recent PHP 2.75 billion loan facility agreement with Maya Bank. It is a sign of its continued expansion in the local financial sector.
Featured image by jcomp via Freepik.
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