Coins.ph new partnership with renowned payments and remittance network TrueMoney, is making Cash In available in nearly every corner of the Philippines.
An estimated 20,000 TrueMoney Centers in the Philippines, most of which are sari-sari stores, the agreement makes it easier for millions of Coins.ph clients to fund their Coins Wallets and have access to digital financial services. Also, prepaid loading for Philippine and worldwide mobile numbers, bill payments, local and international transfers, game credits purchases, online shopping, topping up their RFID and beep card, and even buying and selling cryptocurrencies may all be done at any time and from anywhere.
“Sari-sari stores have always been a part of Filipino culture and lifestyle. These sari-sari stores are now also able to provide digital finance services such as e-wallet cash in, bills payments, and buy load services within their communities. We are always eager to collaborate with businesses like TrueMoney, who are innovative and share our mission of expanding financial inclusivity and empowerment,” said Nauman Mustafa, CEO of Coins.ph
Joseph Ryan Co, President of TrueMoney Philippines, believes that they helped bridge both offline and online financial services in the Philippines. "By transforming sari-sari stores and small businesses in barangays into TrueMoney Centers, we can ensure that financial products are more accessible and available to customers. This is why we are excited to be in partnership with Coins.ph, as together, we strengthen efforts to offer innovative products that improve the lives of millions of Filipinos nationwide."
To cash in to your Coins Wallet through TrueMoney, simply generate a reference number or barcode using the Coins.ph app and present this along with your payment to any TrueMoney Center to complete the transaction. Funds are credited in real time.
Cash ins above PHP 100 via TrueMoney Centers are subject to a minimal partner fee equal to 1.2% of the transaction value for service maintenance. For more information about Coins.ph, please visit https://coins.ph.
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