User-friendly money transfer service may prove to be “Bitcoin’s killer app.” Will SendMoney.ph succeed on such a scale in the Philippines?
Send home your wages using Bitcoin and avoid hefty money transfer fees? That's now a reality
On June 29, Philippines-based Bitcoin exchange Coins.ph launched its remittance service, SendMoney.ph. The service targets the $24.7 billion market for remittances in the Philippines, which trails behind only China and India in volume.