Press Releases 20 July 2018Press Releases
Coins.ph teams with Palawan Pawnshop to extend its nationwide cash-in network
Coins.ph’s 5 million customers can now cash in from over 2,500 Palawan Pawnshop locations
Manila, July 20, 2018 – Coins.ph, the Philippines’ leading digital wallet and mobile payments app, just announced a new partnership with Palawan Pawnshop, operator of Palawan Pawnshop and Palawan Express Pera Padala, one of the Philippine’s top pawnshop and domestic remittance chains.
Through this partnership, Coins.ph customers can visit over 2,500 Palawan Pawnshop branches nationwide to instantly cash in and add funds to their mobile wallets, via Palawan Express Pera Padala. This gives Filipinos another convenient way to transact with Coins.ph. Using the Coins.ph app or web portal, customers can send money to friends and relatives, pay bills, buy load, and save money through rebates.
“Our customers have been asking for more convenient ways to add funds to their digital wallets,” says Ron Hose, CEO of Coins.ph. “Together with Palawan Pawnshop and Palawan Express Pera Padala, we are making financial services more accessible to Filipinos nationwide, even to the most remote areas.”
Earlier in the month, Coins.ph also enabled the ability to cash in at any Bayad Center branch and TouchPay Kiosk.
Coins.ph, licensed by the Bangko Sentral ng Pilipinas (BSP) as an Electronic Money Issuer, and Remittance and Transfer Company, aims to foster financial inclusion and promote mobile payments in the Philippines. It allows everyone, including the unbanked and underbanked customers to store value in their Coins.ph wallets, send money to family and friends, and make payments across the Philippines.
Coins.ph’s mission is to make financial services easily accessible to anyone, including those without a bank account, through their mobile phone. Using Coins.ph, customers have access to a mobile wallet and services such as remittances, mobile air-time, bill payments, transportation providers and digital currency purchase. Coins.ph is regulated by the Bangko Sentral ng Pilipinas (BSP), and is the only blockchain-based company in Asia to hold both Virtual Currency and Electronic Money Issuer licenses from a central bank.
Website URL – https://coins.ph/
Facebook link – https://www.facebook.com/coinsph
Twitter Page – https://twitter.com/coinsph
Instagram Page – https://www.instagram.com/coinsph/
Android App – https://play.google.com/store/apps/details?id=asia.coins.mobile&hl=en
iOS App – https://itunes.apple.com/ph/app/coins.ph-wallet/id972324049?mt=8
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