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Veem and Coins.ph expand long-standing partnership to bring new digital settlement capabilities to payments from North America to the Philippines
Veem, a leading global payments provider, and Coins.ph, the Philippines’ largest and pioneering crypto and digital wallet platform, today announced an expansion of their long-standing partnership to further improve cross-border payment experiences from the U.S. and Canada to the Philippines. Under the expanded partnership, Coins.ph will continue to act as one of Veem’s trusted local payout providers in the Philippines, establishing a new, highly efficient channel for corporate payouts, contractor payments, and supplier disbursements, with additional settlement methods such as stablecoins. This expanded model enables faster, more cost-effective delivery of funds into the Philippines while maintaining strong regulatory compliance and payout optionality. This relationship directly addresses the long-standing pain points that have frustrated both global businesses and Philippine recipients for years, such as high international wire fees, poor foreign exchange rates, complex processes, and slow payout timelines. Together, Veem and Coins.ph have created a solution specifically designed for the massive and rapidly growing segment of Filipino remote workers, freelancers, virtual assistants, and small outsourcing firms who rely on timely, cost-effective international payments. A New End-to-End Payout Rail Built for Speed, Savings and Simplicity Today, Veem’s licensed collection infrastructure across North America works in tandem with Coins.ph’s regulated local payout capabilities in the Philippines to deliver a faster, more reliable cross-border payment experience. Veem maintains USD liquidity in advance, which allows Coins.ph, as a BSP-licensed financial services provider, to manage local compliance checks, convert USD to Philippine Pesos (PHP) at transparent and competitive FX rates, and disburse funds quickly through its domestic payout rails. In parallel, Veem and Coins.ph are exploring new digital settlement methods, including USDC, as part of ongoing product innovation. As a result, businesses in the United States and Canada gain a faster and more predictable way to send payments to the Philippines compared with traditional international bank transfers, which often take several days to settle. Coins.ph ensures that the PHP reaches the recipient through their preferred local channel, including bank deposits to all major networks, popular digital wallets, and other instant payout rails, for optionality and convenience. Solving Critical Payment Pain Points for Businesses and Filipino Professionals For employers, agencies, and companies in the United States and Canada, this partnership gives them a single platform to manage payouts to remote workers, contractors, and small outsourcing teams in the Philippines. Veem provides the tools businesses need to operate at scale, including mass payouts, payment tracking, and reconciliation, which helps reduce the operational burden of managing cross-border payments. For freelancers, remote workers, and contractors in the Philippines, a crucial segment driving the nation’s service economy, this integration helps resolve common challenges associated with receiving income from abroad. Recipients benefit from: - Faster Access to Funds: Near-instant receipt of funds instead of waiting days. - Better FX Rates: Highly competitive foreign exchange rates and low withdrawal fees. - More Flexibility: Direct access to over 100 banks and e-wallets nationwide through Coins.ph. “This partnership brings together Veem’s robust global payment network with Coins.ph’s deep local payout capabilities, creating a market-leading experience,” said Marwan Forzley, Veem CEO and Co-Founder. “By leveraging the pre-funded model and Coins.ph’s local expertise, we can deliver a faster, cheaper, and far more scalable solution for paying the Philippines than traditional banks or remittance rails can offer. It is a win-win for our customers and the Filipino workers they rely on.” Coins.ph Chief Executive Officer Wei Zhou expressed full support for the collaboration. He said "Partnering with Veem is a significant step forward in our mission to bring fast, affordable, and compliant financial services to the Philippines. “By combining Veem's robust global payment network with Coins.ph's regulated, localized expertise, we are not just speeding up transfers, we are empowering Filipino freelancers and small businesses by ensuring they get paid reliably, instantly, and with maximum value. This alliance solidifies Coins.ph as the premier and trusted gateway for global funds entering the Philippine economy.” About Veem Trusted by more than 1.1 million users in over 100 countries, Veem is the market leader in automating accounts payable and receivable for businesses. Veem has revolutionized business payments by empowering finance teams to take control of their processes with features like multi-rail transfers, integrated approvals, invoice management, and flexible payment options. Veem adheres to strict global compliance and data protection standards, ensuring secure and reliable transactions across every market it serves. For more information about Veem, visit www.veem.com. About Coins.ph Coins.ph is an all-in-one financial app for millions, seamlessly fusing traditional finance with digital assets. Established in 2014, it stands as the Philippines' premier cryptocurrency exchange. Licensed by the BSP as both a virtual asset marketplace and a mobile wallet, the platform empowers users to trade, execute payments, and utilize crypto remittance for sending and receiving funds quickly and affordably, all in one secure place.
New Listing: Tezos ($XTZ) on Coins.ph Convert
Coins.ph is excited to announce that Tezos ($XTZ) is officially joining the Coins.ph family. Starting today, January 15, 2026, you’ll be able to buy, sell, and swap XTZ directly with your Philippine Pesos (PHP) through our Convert feature. Tezos is a self-amending blockchain designed to evolve without the need for hard forks, making it one of the most resilient and future-proof networks in the crypto space.Listing Schedule Mark your calendars and get your wallets ready: Asset: Tezos ($XTZ) Target Date: January 15, 2026 Launch Time: 2:00 PM PHT Pair: XTZ / PHP Type: Convert (Instant Buy/Sell Why Tezos ($XTZ)? Tezos stands out for its unique on-chain governance, allowing token holders to vote on protocol upgrades. Whether you're interested in its eco-friendly Proof-of-Stake model or its growing ecosystem of NFTs and DeFi, XTZ is a powerful addition to any digital portfolio. How to Buy XTZ on Coins.ph Once the listing is live, buying XTZ is as easy as a few taps: 1. Open your Coins.ph app. 2. Tap the "Convert" icon on the home screen. 3. Select PHP as your source and XTZ as your target. 4. Enter the amount and Slide to Convert! Ready to start? Make sure your account is ID and Selfie verified (Level 2) to enjoy seamless trading.
Scan, Pay, and Go: Why QRPh on Coins.ph is your new favorite way to pay
In the fast-paced world of digital payments, convenience is important. The days of fumbling through your wallet for exact change is outdated. Enter QRPh, the Philippines' national QR code standard. Whether you’re grabbing breakfast, settling a bill at a restaurant with your date, or shopping for groceries, Coins.ph makes every transaction seamless, secure, and incredibly fast through the power of QRPh. Why Use QR Ph? Since its launch a few years back, QRPh has been a game-changer for Filipino consumers. Here are a five reasons why it should be your go-to payment method: 1.Nationwide Availability: The best thing about using QRPh is the vast network of merchants across retail, food and beverage, and more, that accept payments using the code. As of end-2025, there were approximately close to 700,000 merchants that accept QRPh peer-to-merchant payments and this number is expected to reach 1 million in 2026. The more merchants that join, the more you can use QRPh on your Coins app. 2.Universal Compatibility: See a QR code with the blue, red, and yellow logo? You can scan it. It doesn't matter if the merchant uses a different bank or e-wallet. The Coins.ph app "speaks the same language" as all major financial institutions in the country and can easily make payments using QRPh. 3.Say Goodbye to Manual Errors: No more typing in long, 12-digit account numbers. One scan captures everything accurately. It makes payment quick and reliable so you don’t have to worry about sending your precious funds to someone else. 4.Enhanced Security: Built on the EMV standard, QRPh transactions are highly secure, protecting your data and your funds. 5.Zero Fees for Shopping: Paying a merchant via QRPh is free of charge for customers, making it a cost-effective alternative to traditional banking. How to Make Payments Using QRPh on Coins.ph Ready to try it out? Making a payment using QRPh is a breeze. Follow these simple steps: STEP 1: Open your Coins.ph App. Ensure you have enough balance in your PHP wallet and that your account is at least Level 2 (ID and Selfie) verified. STEP 2: On the Home tab, look for the Scan QR icon located just below your total balance. STEP 3: Point your camera at the merchant’s QRPh standee. If you have a saved screenshot of a QR code, you can tap the Photo icon in the scanner to upload it directly from your gallery. STEP 4: Input the total for your purchase. Note that some "Dynamic" QR codes will have the amount pre-filled for you. STEP 5: Review the merchant's name and the amount. Complete any security checks like your PIN or biometrics, and you’re done! You and the merchant will receive a confirmation message immediately. Hassle-Free Payments Using Coins.ph At Coins.ph, we’re constantly pushing the boundaries of what your digital wallet can do. From buying Bitcoin, Solana and crypto to paying for your utility bills and coffee, we are bridging the gap between traditional finance and the digital future. "It’s so convenient being digital," says Amira Alawi. "There’s a lot of features we’re working on but QRPh is becoming part of our everyday life, just scan and pay. We’ll soon be introducing promos rewarding loyal users and are continuing to improve the superapp experience.” Whether you’re a long-time crypto user or just someone looking for a better way to handle your daily spend, Coins.ph has got you covered. The next time you’re at the checkout counter, don't reach for your physical wallet—reach for your phone and Scan with Coins.
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