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Coins.ph

Coins.ph is a Philippine digital wallet and financial services platform that allows users to send money, pay bills, buy mobile load and access selected digital asset services. It is one of the country’s recognized wallet brands and is especially relevant for users looking for mobile-first financial services beyond traditional banking. For merchants, Coins.ph can provide access to wallet-based consumers in the Philippines’ rapidly digitizing payments market.

Method
Coins.ph
LPM Market Share
n/a
Payments
Yes
Refunds
No - refunds not supported
Type
Others
Local Card Scheme
Users
18M
Disbursements
No
No
Chargebacks
No
Authorization currency
Authorization
speed
Instant
Recurring
No
No
Notify when available

Reasons for Popularity

Accessibility: The app targets the unbanked demographic, allowing users without bank accounts to access essential financial services directly from their smartphones

Comprehensive Services: Coins.ph offers a wide range of functionalities, including cryptocurrency management (supporting over 90 cryptocurrencies), bill payments for more than 120 types of bills, cash-in and cash-out services through an extensive network of over 33,000 partner locations nationwide

Regulatory Compliance: Coins.ph is licensed by the Bangko Sentral ng Pilipinas (BSP) as both a Virtual Currency and Electronic Money Issuer

Innovative Technology: Utilizing blockchain technology allows for instant cross-border transactions and contributes to the overall efficiency of the service

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