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Coins.ph Review

There have been advancements in how people transact and pay online thanks to the rise of mobile technology. Money does not just exist as cash that people keep in their physical wallets. But it has now become digital and is already considered an acceptable form of payment.

Consumers now embrace cashless payments because it’s more convenient to pay merchants and settle bills online. For instance, Coins.ph is one of the pioneers of e-wallets that has transformed the way consumers and businesses transact. It’s a fintech company that allows people to pay for items, buy Bitcoin and other cryptocurrencies, settle bills, earn discounts, etc. All these are possible through its mobile app.

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Written by: Piggyy

Verified by: Krisette C.L

Krisette C.L

Author

Krisette has been hustling online media industry since 2011. She's a copywriter, editor, and online media consultant.

4/5

Piggyy Rating

Coins.ph
  • Buy load
  • Pay bills
  • Buy game credits
  • Travel/toll payments
  • Remit money
  • Scan and pay
  • Donate to charity
  • Digital currency

    Company Information

     

    In 2014, Coins.ph was established in the Philippines, a Southeast Asian fintech company that allows anyone to access financial services from mobile phones even without a bank account. The company is regulated by the Bangko Sentral ng Pilipinas (BSP), and since its founding, it has already served over 10 million customers. It’s one of the first blockchain-backed platforms to reach mainstream adoption by its consumers. It’s operating through 33,000 partner locations domestically and over 500,000 worldwide as a cash distribution network. 

     

    Through its Coins app, customers can access banking and digital payment services, including local and international remittances, mobile air-time, buy and sell of cryptocurrencies, bill payments, game credits, and online shopping.

     

    Customer concerns may be directed through the Coins app or the website. They can also reach the customer care hotline number at (02)882-26467 (882-COINS), and they are available from 10 am – 6 pm, Mondays to Fridays. 

     

    Type of Services Offered

     

    Buy Load

     

    Customers can purchase prepaid mobile credit directly or top-up other users’ mobile numbers. They just only need to fill in the mobile number and prepaid load amount. Coins.ph will automatically add the credits to the mobile numbers.  

     

    These are the mobile networks supported by Coins:

     

    • Globe
    • Smart
    • Sun
    • Talk N’ Text
    • TM

     

    Pay Bills

     

    Coins.ph allows users to settle their bills to over 80 billers nationwide, such as broadband, cable, credit card, government, insurance, telecom, tuition, loans, and utilities using their wallet balance. It has a reminder feature that notifies users of their monthly dues. Paying bills is rather simple and straightforward. Users would just pick the type of biller and the information of their accounts like account number, name, and the total amount to settle. 

     

    Buy Game Credits

     

    When customers purchase game credits from over 20,000 titles, they may simply use their Coins wallet balance – no need for a credit card. 

     

    Travel/Toll Payments

     

    Travel is made easier and more convenient with Coins.ph wallet. Users can book flights and hotels, top up their RFID (Autosweep and Easytrip) accounts, book buses (Easybus), hotels and activities (Bookie PH), or even ferries (Sun Cruises). 

     

    Remit Money

     

    Sending money is super easy and convenient. You can do it in the comfort of your home. Customers can choose the best method for remittances and depositing funds to other banks. Here are the following payment methods:

     

    • instaPay (BDO Unibank, Inc.) – delivered within 10 minutes
    • instaPay (Bank of the Philippine Islands) – delivered within 10 minutes
    • LBC Instant Peso Padala – delivered within 10 minutes
    • Palawan Express Pera Padala – delivered same day by 6PM
    • M Lhuillier Cash Pickup – delivered within 10 minutes
    • Other Options
      • (coinsXpress)
        • Banks
        • E-wallets
        • Remittance Centers 
      • Tollway Credits
      • Coins Cash Card

     

    Coins.ph allows its users to send money to these selected countries:

     

    • Australia
    • Canada
    • Hongkong
    • Japan
    • Kuwait
    • Malaysia
    • Kuwait

     

    Scan & Pay

     

    Customers can simply scan the merchant’s QR Code and pay using Coins wallet for faster and cashless payments in restaurants, cafes, or bars.

     

    Donate to Charity

     

    Coins.ph can also be a channel for all humanitarian activities. Its feature to Donate to Charity allows its customers to donate to all their supported charities and Non-Government Organizations (NGOs).

     

    Listed below are the partnered charities and non-government organizations of Coins:

     

    • Append
    • Bakhita Canossa Foundation
    • Children’s Hour
    • Gawad Kalinga
    • Greg Durante Ministries
    • House Of Hope Foundation
    • International Care Ministries
    • Knights Of Rizal
    • Kythe Foundation
    • Let’s Save The Brain Foundation
    • Letran Quadricentennial Fund
    • Library Renewal Partnership
    • Philippine Animal Rescue Team
    • Philippine Foundation For Breast Cancer
    • Philippine Disaster Resilience Foundation
    • San Jose Seminary
    • Shared Aid Fund For Emergency Response
    • Virlanie Foundation
    • Yespinoy Foundation

     

    Digital Currency

     

    Cryptocurrencies are trending these days as investors and traders explore the potential profits they can gain from these digital assets. With Coins, customers can buy and sell major coins like Bitcoin, Ethereum, and Ripple. Being one of the leading virtual currency providers and licensed by the Bangko Sentral ng Pilipinas, the customer’s investment transactions with Coins are secured. Some of the cryptocurrencies available with Coins are:

     

    • Bitcoin (BTC)
    • Bitcoin Cash (BCH)
    • Ethereum (ETH)
    • Axie Infinity Shards (AXS)
    • Smooth Love Potion (SLP)

     

    Why Choose Coins.ph

     

    Provides Consumers Easier Way to Make Payments

     

    Giving consumers more than the traditional way of making payments allows them to use the best way to pay for their bills and purchases with the least amount of service fees and the most convenient option. 

     

    Customers Can Go Cashless

     

    Gone are the days when consumers wait in line for their turn to pay their bills. Going cashless with Coins wallet is an excellent way for people to settle their dues or purchases without physically handing in their payments. 

     

    Option to Use App for Wallet Payments and Digital Currencies

     

    E-wallet payments are the new normal, and purchasing items through cryptocurrencies is an excellent way to save more on transaction fees. Coins.ph is one of the pioneers in crypto wallets in the country that lets customers trade and invest in digital currencies. 

     

    How to Sign Up

     

    Signing up with Coins is very simple. Customers can simply follow these steps,

    Download Coins.ph available at the Google PlayStore or the Apple App Store:

    1

    Once downloaded, customers can then register their active mobile number.

    2

    Wait for a verification code from Coins. Ensure that the mobile number used to register is active.

    3

    Provide all the required basic information details. Usually, Coins will only require the person’s full name signing up to create their Coins account. Once that is done, they can complete the different levels of verification and provide more information and documentation.

    4

    Once the account is created, the customer can use their Coins account and use their different services.

    Frequently asked questions

    What is my Coins.ph account number?

    Your Coins.ph account number is your registered mobile number. When you are logged in via Coins.ph app, you may click the sidebar menu on the upper left of the wallet screen to see your registered details. 

     

    If you are using the Coins.ph website, you can simply check the mobile number linked to your account on your account settings.

    How to cash in to my Peso wallet?

    Cashing in is fast and easy. Customers can simply log into your account and follow these steps:

     

    1. Tap “Cash In”
    2. Choose a cash in outlet near you
    3. Enter an amount to cash in
    4. Go to the outlet and pay
    What is the fastest way to top up my account?

    To get instant funds in your Coins.ph wallet, we recommend cashing in at 7-Eleven, M Lhuillier ePay, Globe Gcash (via DragonPay), and Cebuana Lhuillier Instant Cash In. You’ll get your funds in your Coins.ph wallet immediately after payment.

    What is the cheapest way to cash in?

    Most cash in outlets have a small fee. To keep fees to a minimum, we suggest cashing in via 7-Eleven 7-Connect. It’s free for amounts under P100.  You can also cash in at Unionbank and get a 100% fee rebate to your Coins.ph wallet.

    What fees are charged for cashing in?

    Payment method fees are only added to the amount due when the selected payment option is facilitated through a third-party service that charges fees.

     

    Here are the options that have added fees:

     

    Bank Deposits/Fund Transfers

    • P 15 to P 1000: P 10 fee
    • P 1,001 to P 4,000: fee of 1% of deposit
    • Above P 4,000: P40 fee

     

    Globe GCash

    • P 15 to P 1000: P 10 fee
    • P 1,001 to P 4,000: fee of 1% of deposit
    • Above P 4,000: P40 fee

     

    M Lhuillier ePay

    • P 20 to P 1000: 5% M Lhuillier fee + P10 coins.ph fee
    • P 1,001 to P 4,000: 5% M Lhuillier fee + 1% coins.ph fee
    • Above P 4,000: 5% M Lhuillier fee + P40 coins.ph fee

     

    7-Eleven Seven Connect

    • P 20 to P 100: free
    • P 101 to P 20,000: 2% of the deposit
    How do I use Messenger to buy load via Coins.ph?

    Buying loads using Messenger is easy using Coins.ph. 

     

    Kindly note that for your first time buying a load via Messenger, you would need a stable internet connection and you cannot use free data. 

     

    To buy load just follow the steps below:

     

    1. Proceed to Facebook and start a chat with our official Coins.ph page
    2. Follow the instructions and continue with placing the mobile number you will load
    3. Select from the available load amounts
    4. Choose “Click to Login”
    5. Enter your log-in details to sign in
    6. Place the verification code sent to your phone or email. After linking your Coins.ph account to your Facebook account, you will now be able to buy load from Messenger easily even on free data. 
    What are the supported countries for the international Buy Load feature?

    Here is a list of supported countries for our international load feature:

     

    Afghanistan (+93)Cyprus (+357)Lithuania (+370)Russia (+7)
    Albania (+355)Democratic Republic of the Congo (+243)Luxembourg (+352)Rwanda (+250)
    Algeria (+213)Dominica (+1767)Madagascar (+261)Samoa (+685)
    American Samoa (+1684)Dominican Republic (+1809)Malawi (+265)Saudi Arabia (+966)
    Angola (+244)Ecuador (+593)Malaysia (+60)Senegal (+221)
    Anguilla (+1264)Egypt (+20)Mali (+223)Sierra Leone (+232)
    Antigua and Barbuda (+1268)El Salvador (+503)Martinique (+596)Singapore (+65)
    Argentina (+54)Eswatini (+268)Mexico (+52)Sint Maarten (+1)
    Armenia (+374)Ethiopia (+251)Moldova (+373)South Africa (+27)
    Aruba (+297)Fiji (+679)Mongolia (+976)South Korea (+82)
    Azerbaijan (+994)France (+33)Montserrat (+1664)Spain (+34)
    Bahamas (+1242)French Guyana (+594)Morocco (+212)Sri Lanka (+94)
    Bahrain (+973)Gambia (+220)Mozambique (+258)St Kitts and Nevis (+1869)
    Bangladesh (+880)Georgia (+995)Myanmar (+95)St Lucia (+1758)
    Barbados (+1246)Germany (+49)Namibia (+264)St Vincent Grenadines (+784)
    Belarus (+375)Ghana (+233)Nauru (+674)Suriname (+597)
    Belgium (+32)Greece (+30)Nepal (+977)Switzerland (+41)
    Belize (+501)Grenada (+1473)Nepal (+997)Tajikistan (+992)
    Benin (+229)Guatemala (+502)Netherlands (+31)Tanzania (+255)
    Bermuda (+1441)Guinea (+224)Netherlands Antilles (+599)Thailand (+66)
    Bhutan (+975)Guinea Bissau (+245)Nicaragua (+505)Togo (+228)
    Bolivia (+591)Guyana (+592)Niger (+227)Tonga (+676)
    Botswana (+267)Haiti (+509)Nigeria (+234)Tunisia (+216)
    Brazil (+55)Honduras (+504)Oman (+968)Turkey (+90)
    British Virgin Islands (+1284)India (+91)Pakistan (+92)Turks and Caicos Islands (+1649)
    Burkina Faso (+226)Indonesia (+62)Palestine (+970)Uganda (+256)
    Burundi (+257)Iraq (+964)Panama (+507)Ukraine (+380)
    Cambodia (+855)Italy (+39)Papua New Guinea (+675)United Arab Emirates (+971)
    Cameroon (+237)Ivory Coast (+225)Paraguay (+595)United Kingdom (+44)
    Canada (+1)Jamaica (+1876)Peru (+51)United States (+1)
    Cape Verde (+238)Japan (+81)Philippines (+63)Uruguay (+598)
    Cayman Islands (+1345)Jordan (+962)Poland (+48)Uzbekistan (+998)
    Central African Republic (+236)Kenya (+254)Portugal (+351)Vanuatu (+678)
    Chile (+56)Kosovo (+383)Puerto Rico (+1)Venezuela (+58)
    China (+86)Kuwait (+965)Qatar (+974)Vietnam (+84)
    Colombia (+57)Kyrgyzstan (+996)Reunion (+262)Yemen (+967)
    Comoros (+269)Laos (+856)Republic of the Congo (+242)Zambia (+260)
    Costa Rica (+506)Lebanon (+961)Romania (+40)Zimbabwe (+263)
    Curaçao (+599)Liberia (+231)

    Conclusion

     

    Having the ability to go cashless is an excellent way for consumers to transact among different billers to conveniently pay for their bills or make payments for their purchases while at the same time also being able to invest in digital currencies.

     

    Coins.ph has made it possible for consumers and even the unbanked to have different options of making payments in different currencies. All in all, Coins.ph is a great way to manage your finances and transactions without having to go through the trouble of going to the bank or queueing up for hours. Plus, you can do it all from the comfort of your own home (or on the go if you have their app).

     

    Piggyy

    ״The secret of happiness, is not found in seeking more, but in developing the capacity to enjoy less״ - Socrates

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