Virtual Currency Exchange AtomTrans to Launch New Remittance Service in the Philippines
One of the many virtual currency exchanges (VCEs) in the Philippines, Atomtrans Tech Corp, is set to officially launch yet another offering this month during the 2019 Philippine Remittance and Payment Ecosystem Forum at the Grand Hyatt in Manila.
Established in 2017, Atomtrans Tech Corp is a financial service provider with offices across the globe, including a headquarters in Manila. One of the world leaders in digital currency payments, Atomtrans Tech Corp has managed to sign on strategic cooperation agreements with various trusted firms like China UnionPay Electronic Payment Co., Ltd and UnionBank of the Philippines, Asia United Bank，CTBC Bank (Philippine) Corp., Philippine Bank of Communications, LBC Express Corporation, and is also exclusively representing the Philippine-China remittance products.
The Philippines is a relatively small market for digital currency trading compared to massive countries like the United States, Japan, or South Korea. But the recent years have shown an impressive growth in transactions relating to digital currencies. In 2018, the country’s central bank data reported a $390 million undertaking compared to the $189.18 million in the previous year.
One of the many virtual currency exchanges (VCEs) in the Philippines, Atomtrans Tech Corp, is set to officially launch yet another offering this month during the 2019 Philippine Remittance and Payment Ecosystem Forum at the Grand Hyatt in Manila.
Atomtrans Tech Corp currently operates ATC Payment, ATC Digital Currency Exchange, and has recently been approved by the Bangko Sentral ng Pilipinas (BSP) to extend its business to the crypto-industry with ATC Remittance. With a fairly sizable expat population, mostly Koreans, Chinese and Japanese, the leading provider finds a great opportunity for cross-pollination when it comes to financial technologies and payment systems.
The event, which will take place on September 11, 2019, will feature several keynotes on Philippine Payment Market Big Data Report (Felix Xia, CEO of ATC), Crypto Payment Solution (William Liu, COO of ATC), and Asian Payment Solution (Tsuyoshi Ri, President of Netstars).
Source: Manila Bulletin, Business Mirror
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