Coins.ph, the Philippines’ leading digital wallet and mobile payments app, announced it has reached over 5 million customers on its blockchain-powered platform in the 4 years since its founding.
“We are excited and proud to provide 5 million customers with access to financial services,” said Ron Hose, CEO and founder of Coins.ph. "Our focus on creating financial inclusion to all Filipinos has propelled our growth to date. Millions of our customers have already used Coins.ph’s web and mobile apps to access a wide array of financial services including buying load, paying bills, topping up their beep™ card, and purchasing digital currencies, all without needing a bank account.”
Blockchain technology has played an important role in facilitating the rapid growth of the company, with many of its customers using Coins.ph’s platform as a fast, affordable way to send cross-border payments made possible due to its use of fast, low cost Blockchain settlements.
Responding to consumer demand for additional blockchain-based services, Coins.ph announced it now supports Ethereum (ETH), with an eye for future smart contract based financial services, and will also begin supporting Bitcoin Cash (BCH) next month, in an effort to support lower cost blockchain based payments. Using these new blockchain ecosystems, Coins customers will be able to benefit from a wide variety of services built on top of these technologies.
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