Coins.ph, one of the Philippines’ fastest and leading digital wallet platforms, has announced its strategic partnership with Starpago, a leading global payments provider. This groundbreaking partnership aimed at making a smooth pathway for seamless international QR-based payments in the Philippines. This collaboration is going to fill the gap between global businesses and the Philippine market.
As the world is growing day by day, everyone is becoming aware of cryptocurrencies and their future in future. Therefore, every country is going to shift its attention toward crypto and adopt special features to make it productive and place it in a growing country. That’s why, Philippines is also going to revolutionize its international-based payments infrastructure with a QR-based payments system. Coins.ph has revealed this news through its official social media X account.
A Unified Solution for Cross-Border Payment Challenges
The management has been facing a major problem in collecting and settling international payments for many years. Sometimes they are afraid of high fees and manual processing delays. The collaboration of Coin.ph and Starpago is actively addressing these issues and comes with a unified solution for these problems. This collaboration offers a step-by-step solution for multiple problems.
This partnership is much more productive and beneficial for customers, freelancers, and suppliers that enabling them to connect with different local and international companies easily and effectively. Furthermore, this QRPh-based app can connect the Philippine Pesos (PHP) for any customers using this app.
On the other hand, security and compliance serve as the basic foundation of this partnership.Coin.ph is monitored by the Bangko Sentral ng Philipinas (BSP) and holds both Virtual Asset Service Provider (VASP) and Electronic Money Issuer (EMI) licenses.
Coins.ph and Starpago are Simplifying International Payments for Businesses
The alliance of Coins.ph and Starpago ensures users the capability of this system for multi-currency transactions. In addition, both partners have a plan to proliferate this model far beyond the Philippine borders. This expansion will transform the platform into a truly global multi-currency engine open for all businesses to manage their international payments.
Jeremille Raton, the Philippine Representative of Starpago, expressed his thoughts. He said, “Our mission at Starpago has always been to simplify the complexity of global trade by building smarter payment rails, by partnering with Coins.ph, we are giving global businesses a ‘local advantage’ in the Philippines. We are combining our global reach with our partner’s deep local roots to ensure that moving money into and out of the country is as simple and convenient.”
In response to the Jeremille Raton’s statement, Coins. Ph CEO Wei Zhou appreciated this partnership and gave his remarks. He said, “This partnership is a perfect example of how we are evolving beyond a traditional wallet into a comprehensive financial gateway.”
“By integrating Starpago’s global capabilities with our local infrastructure, we are enabling an enhanced experience for businesses—offering both high-level financial access and everyday utility. We are excited to help more businesses and Filipinos connect to the global economy through faster, cheaper, and more reliable payment flows.”
Source: https://blockchainreporter.net/coins-ph-joins-starpago-to-functionalize-seamless-qr-based-payments-in-the-philippines/
