Recently, Rebit.PH – a Bitcoin remittance startup based here in the Philippines partnered with some notable companies around the globe. Rebit.PH is slowly growing, branching out not only to provide domestic or say, local remittances, but is easing the processes of Bitcoin remittance from overseas through the help of key partners across the globe.
One of those partners we mentioned above, is the alt-coin to Bitcoin hero, Shapeshift.io, as Satoshi Citadel Industries (Rebit.PH’s mother company) announced last September 29, 2015. Shapeshift.io is a means of instant and automatic alternative cryptocurrency exchange to Bitcoin, which can be used with custom payment gateways to allow the merchant to receive Bitcoins after the exchange. This would allow more ways to send money around the Philippines or from abroad, as some people would branch out to alt-coins for their added functionality, but would prefer Bitcoins as a means of payment because of its relative stability compared to these alt-coins.
Another would be ZipZap, a global money transfer application based in California. It wouldn’t exactly be based on Bitcoin, but through ZipZap, Rebit allows more ways of remittance from overseas (in the United States of America). This would be extremely beneficial for many Filipinos, especially for the large bulk of Oversees Filipino Workers living in the USA.
More news from Rebit and SCI are to come. As one of the most innovative and steady-growing startups centered on Bitcoin here in the Philippines, we have a whole lot more to see in the future.