The partnership further aims to enhance other payment services features for consumers. This includes the integration of Coins.ph’s payment gateway into PlatON’s Web3-based confidential payment and clearance systems. The TOPOS platform will enable users to swiftly exchange digital and fiat currencies, as well as perform rapid exchanges with low transfer fees and advantageous exchange rates. This collaboration is set to significantly improve the overall payment experience for consumers of both platforms.
In addition to enhancing the payment services, the partnership also ensures regulatory compliance. Coins.ph operates under the strict regulation of the Central Bank of the Philippines, holding important licenses as an Electronic Money Issuer and Virtual Currency Issuer. This regulatory standing guarantees that the partnership with PlatON will adhere to all necessary standards set by the Bangko Sentral ng Pilipinas. This compliance is essential for providing a secure and reliable payment environment for consumers in the Philippines.
PlatON, a leading digital public infrastructure platform, is excited about this venture with Coins.ph. The integration of Coins.ph’s payment gateway into PlatON’s Web3-based systems will facilitate seamless payment processes for consumers. The platform aims to improve the overall payment experience for its users and increase convenience and accessibility. With this partnership, PlatON can leverage Coins.ph’s extensive consumer base and strong regulatory compliance to enhance its payment services features and offer a wider range of payment options to its clients.
Coins.ph, as the largest digital asset platform in the Philippines, brings a wealth of expertise and resources to this partnership. With over 16 million consumers, Coins.ph has established itself as a key player in the Filipino financial services sector. The platform’s commitment to regulatory compliance and consumer protection aligns with PlatON’s mission to provide secure and efficient payment solutions. This collaboration is a significant step towards expanding the reach and capabilities of both platforms, ultimately benefiting consumers in the Philippines and beyond.
