Coins.ph has partnered with TrueMoney to make cash-in more accessible in most sari-sari stores nationwide.
"Sari-sari stores have always been a part of Filipino culture and lifestyle," said Nauman Mustafa, CEO of Coins.ph. "These sari-sari stores are now also able to provide digital finance services such as e-wallet cash in, bills payments, and buy load services within their communities. We are always eager to collaborate with businesses like TrueMoney, who are innovative and share our mission of expanding financial inclusivity and empowerment."
"TrueMoney has helped bridge both offline and online financial services in the Philippines. By transforming sari-sari stores and small businesses in barangays into TrueMoney Centers, we can ensure financial products are more accessible and available to customers. This is why we are excited to be in partnership with Coins.ph, as together, we strengthen efforts to offer innovative products that improve the lives of millions of Filipinos nationwide," said Joseph Ryan Co, President of TrueMoney Philippines.
To cash-in via TrueMoney, simply generate a reference number or barcode using the Coins.ph app and present this along with your payment to any TrueMoney Center to complete the transaction. Funds are credited in real time.
Cash-ins above P100 via TrueMoney Centers are subject to a minimal partner fee equal to 1.2% of the transaction value for service maintenance.
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