Veem, a global payments provider, and Coins.ph, the Philippines’ largest crypto and digital wallet platform, are expanding their partnership to make payments from the US and Canada to the Philippines faster, cheaper, and more flexible.
Under the expanded partnership, Coins.ph continues to act as Veem’s local payout partner, helping businesses send payments to contractors, freelancers, and suppliers more smoothly. Funds can be converted from USD to Philippine Pesos at competitive rates and delivered through banks, e-wallets, or instant payout rails—and even new digital options like stablecoins.
This approach addresses the pain points that have long frustrated both businesses and recipients: slow transfers, high fees, complicated processes, and poor exchange rates.
For companies in the US and Canada, it means easier mass payouts, better tracking, and simpler reconciliation.
For Filipino freelancers, remote workers, and small outsourcing firms, it means getting paid faster, with better FX rates, and more options for how they receive their money. By combining Veem’s global payment network with Coins.ph’s local expertise, the partnership delivers a reliable, scalable, and compliant alternative to traditional banks—and makes sure money gets into the right hands, on time, every time.
“By combining Veem’s robust global payment network with Coins.ph’s regulated, localized expertise, we are not just speeding up transfers, we are empowering Filipino freelancers and small businesses by ensuring they get paid reliably, instantly, and with maximum value,” said Coins.ph Chief Executive Officer Wei Zhou.
