The money transfer giant Western Union signed the alliance with Coins.ph to allow Filipino residents to receive cash remittances safely and easily.
The agreement will ensure that national and international payments reach directly the crypto digital wallets of the 5 million users of Coins.ph.
According to the declared by the wallet spokesperson, the service has the purpose of offering “fast and convenient access to remittances, in urban and remote unattended areas”.
It is worth emphasizing that connections to Western Union’s digital and retail networks will allow customers to receive payments from virtually every nation in the world.
The Philippines has 10 million citizens working and living outside the country. Therefore, it is one of the main world destinations for remittances with a growing industry.
L.Sáenz
Source: Diario Bitcoin
