UnionBank and Coins.ph Collaborate to Enhance Crypto Accessibility for Filipinos
By James Pebenito • July 3, 2023
UnionBank and Coins.ph Collaborate to Enhance Crypto Accessibility for Filipinos
Together, Union Bank of the Philippines (UnionBank) and Coins.ph will give Filipinos improved access to cryptocurrencies and new digital asset classes. This strategic alliance intends to make it simpler for Filipino citizens to interact with cryptocurrencies and take advantage of digital assets’ advantages.
Customers of UnionBank will receive special pricing for their services from Coins.ph, a major digital wallet and cryptocurrency trading site in the Philippines. The partnership’s main goal is to increase the availability of payment and remittance options, which will include a variety of functionality such spot trading, buying, selling, converting, and crypto wallet features. This will make it possible for UnionBank customers to discover different digital assets and navigate the world of cryptocurrencies with ease.
The Digital Business Solutions (DBS) Referral Program of UnionBank will assist in the introduction of this collaborative solution. Customers will be able to access Coins.ph-powered cryptocurrency offerings via the program on a variety of platforms, guaranteeing a convenient and user-friendly experience. The agreement intends to close the gap between the established banking infrastructure provided by UnionBank and the rapidly developing world of digital assets by utilizing Coins.ph’s expertise in cryptocurrency services.
This partnership takes place at a time when digital assets such as cryptocurrencies are becoming more widely recognized and used. UnionBank and Coins.ph want to meet the growing demand for digital financial solutions among Filipinos by offering affordable and trustworthy crypto services. The collaboration is in line with UnionBank’s mission to promote financial inclusion in the Philippines by embracing innovation and utilizing technology.
The addition of Coins.ph’s services to UnionBank’s ecosystem broaden the selection of financial solutions that are available to consumers while also illuminating how traditional banking is changing. UnionBank wants to establish itself as a forward-thinking organization that embraces the opportunities given by blockchain technology and digital assets. Recognizing the potential of cryptocurrencies to transform financial transactions and empower people, UnionBank is working to position itself as such.
UnionBank’s Vision for Financial Inclusivity
Through this partnership, UnionBank and Coins.ph are showcasing their dedication to promoting financial inclusion and the digital revolution in the Philippines. The alliance seeks to empower people to take charge of their finances, tap into the potential of developing digital asset classes, and actively engage in the changing financial landscape by making cryptocurrency more approachable.
Filipinos should anticipate a more streamlined and inclusive approach to engaging with cryptocurrencies as the cooperation between UnionBank and Coins.ph takes form. The partnership has the potential to promote greater financial inclusion, increase the uptake of digital assets, and give people the confidence they need to explore the world of cryptocurrencies.
In conclusion, the agreement between UnionBank and Coins.ph is a significant step towards enhancing Filipinos’ access to cryptocurrencies and new digital asset classes. UnionBank and Coins.ph hope to offer a wide range of cryptocurrency services by combining their knowledge, resources, and technological prowess. This will allow people to embrace the promise of digital assets and take part in the changing financial landscape. This partnership demonstrates how dedicated both organizations are to promoting financial inclusion and advancing digital transformation in the Philippines.