CoopPay makes Philippine co-operatives instantly global. This is what excites us the most. This used to be the stuff of dreams—that is, until bitcoin's Lightning Network came along!

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Pouch.ph Launches Quick And Affordable Money Transfers From The Philippines To U.S. Banks (Nasdaq, July 10, 2023)

June 27, 2023:

Pouch.ph launches Send Globally feature to ease money transfers from the Philippines to US banks - TNGlobal
Pouch, the lightning payment operator in the Philippines,has introduces its latest app feature “Send Globally” to facilitate instant, low-cost, and safe money transfers from the Philippines to any bank account in the United States.
TNGlobalTechNode Global Staff
  • Pouch.ph’s new feature: Pouch.ph, the lightning payment operator in the Philippines, has introduced its latest app feature “Send Globally” to facilitate instant, low-cost, and safe money transfers from the Philippines to any bank account in the United States.
  • How “Send Globally” works: Pouch.ph’s customers, including expats in the Philippines, can send Philippine peso to the United States via Pouch’s “Send Globally” feature. The funds will be paid out as U.S. dollars to the recipient’s United States bank account. The transactions take only 0 to three days instead of weeks and have competitive rates.
  • Pouch.ph’s mission and vision: Pouch.ph strives to improve cross-border payments and make digital finance more inclusive for all. The platform allows users to send and receive payments across borders via the Bitcoin lightning network, which boosts financial inclusion and the efficiency of cross-border payments. Pouch.ph is also partnered with global digital payments like Strike, CoinCorner, and NeutronPay. Pouch.ph intends to continue to expand into more markets and leverage integrations with international partners.

We can use any Lightning wallet because CoopPay uses its open protocol. This superb video by the brilliant Joe Nakamoto illustrates the same problems and issues with remittance. He talks about a different country, but it's almost as if he's talking about the Philippines!

May 15, 2023:

Pouch.ph and Neutronpay join forces to offer lightning-fast remittance services to Filipino in Canada and Vietnam
Canadian-based digital payment platform Neutronpay today announced its partnership with Pouch.ph to enable fast, secure, and low-cost money transfers from Canada and Vietnam to the Philippines. The partnership allows Filipino workers living in Canada or Vietnam to send money directly to a Philippin…
Manila BulletinMB Technews

Follow all exciting developments here: https://www.chat.coop/tag/coopay/