#Veem

Veem and Coins.ph have announced an expanded partnership aimed at making cross-border payments between the United States, Canada, and the Philippines faster, cheaper, and more accessible—especially for businesses and Filipino remote workers. Under the updated agreement, Coins.ph will continue acting as Veem’s local payout partner in the Philippines, handling peso conversion, compliance, and domestic disbursement. By using Veem’s licensed collection infrastructure in North America and Coins.ph’s BSP-regulated payout network, funds can move more efficiently from USD to PHP and reach recipients through local banks, e-wallets, and other domestic rails. Veem pre-funds USD liquidity, allowing Coins.ph to quickly convert and distribute payments within the Philippines. For businesses, Veem provides tools for mass payouts, payment tracking, and reconciliation. Veem CEO and co-founder Marwan Forzley said the collaboration combines Veem’s global payment network with Coins.ph’s local expertise to deliver a faster and more scalable payout solution for the Philippines. Read more in our articles including "Veem, Coins.ph Expand Payment Partnership Covering US, Canada, PH" and "BPI to add international money transfers to mobile app by 2027".