In partnership with One Cooperative Technology Service (OCTS), the first and only CDA-registered technology service cooperative in the Philippines, Pouch.ph has launched CoopPay, a mobile wallet app that provides cooperatives, their members and families with a fast, cheap, and secure way to send and receive peso payments and bitcoin payments via the Lightning Network.
To mark National Cooperative Month last October, CoopPay successfully made an initial rollout to 100,000 members of the First Community Cooperative (FICCO), the largest community cooperative in the Philippines headquartered in Cagayan de Oro City in Mindanao, with a presence in Metro Manila, Visayas, and Luzon. Pouch.ph and One Coop Tech will extend the service to other cooperative groups across the country.
